best-url
2012-04-11, 10:00 AM
Largest IDN Sale on Record Comes to Light -
Deal Completed in 2011 Came with $216,000
We have learned that a deal for the Internationalized Domain Name (IDN) Москва.com ("Moscow" in Russian) was completed in July 2011 when the final installment on a $216,000 purchase price was paid. That is the highest verified sale price reported to date for an IDN.
The deal was originally subject to a confidentiality agreement but Gary Males at IDNTools.com was able to persuade the seller and buyer Moshe Schneider to release details of the transaction, including the documentation we required to verify the price paid. Noted domain attorney John Berryhill was retained to handle the transaction and ensure that all terms of the sale contract were met.
With this information in hand we have added Москва.com (puny code xn--80adxhks.com) to our 2011 Top 100 Domain Sales Chart where the the domain is ranked #26 among the year's top reported sales.
Москва.com has not been developed and it looks like the current owner may not plan to do so. The domain is currently being offered for resale at Frank Schilling's DomainNameSales.com.
((Posted April 10, 2012)
IDNs.pro (http://idns.pro/viewthread.php?tid=108)
:applaud
Deal Completed in 2011 Came with $216,000
We have learned that a deal for the Internationalized Domain Name (IDN) Москва.com ("Moscow" in Russian) was completed in July 2011 when the final installment on a $216,000 purchase price was paid. That is the highest verified sale price reported to date for an IDN.
The deal was originally subject to a confidentiality agreement but Gary Males at IDNTools.com was able to persuade the seller and buyer Moshe Schneider to release details of the transaction, including the documentation we required to verify the price paid. Noted domain attorney John Berryhill was retained to handle the transaction and ensure that all terms of the sale contract were met.
With this information in hand we have added Москва.com (puny code xn--80adxhks.com) to our 2011 Top 100 Domain Sales Chart where the the domain is ranked #26 among the year's top reported sales.
Москва.com has not been developed and it looks like the current owner may not plan to do so. The domain is currently being offered for resale at Frank Schilling's DomainNameSales.com.
((Posted April 10, 2012)
IDNs.pro (http://idns.pro/viewthread.php?tid=108)
:applaud