Domain name with a history sells for lots of “dollars”.
Sedo has sold Dollars.com for EUR 302,500, which is about $388,000 USD at today’s exchange rates. An auction for the domain ended this morning, but the winning bidder is certified and is likely to complete the transaction. My understanding is the deal was put together by a Sedo broker.
Dollars.com has somewhat of a history on the domain name aftermarket. The domain reportedly sold for $650,000 in 2007. It seemed the domain was listed for much less before it ended up selling for $650,000, and was listed in a Moniker auction around the same time for $600,000. It then appeared to have sold on Sedo last year for nearly $800,000, but the winning bid ended up being bogus and no sale was completed. Since then Sedo has instituted certification requirements for bidders on valuable domain names.
I still don’t understand why this domain name was ever worth $650,000, let alone $388,000. At least in the U.S., saying “dollars” is an uncommon use of the term, other than in transactions (“He paid 388,000 dollars for that domain”.) Otherwise currency is referred to as money, payment, etc. You wouldn’t say “He has a lot of dollars”. Maybe this is different in other countries that call their currency the dollar.
Even if the seller took a bath on this domain, it’s a good sign that people still have big money to invest in domain names.