Search our Archives for press releases from other collectibles:
- All Press Releases
- Art Press Releases
- Coin Press Releases
- Comics Press Releases
- Currency Press Releases
- Domain Names & Intellectual Property Press Releases
- Entertainment Press Releases
- Historical Press Releases
- Jewelry, Timepieces & Luxury Accessories
- Movie Poster Press Releases
- Real Estate Press Releases
- Sports Press Releases
- Wine Press Releases
Press Release - December 6, 2013
Heritage Auctions’ Inaugural Domain Name & Intellectual Property Auction Has Brought More Than $1.5 Million So Far
Heritage Auctions reports strong post-auction sales totaling well into the seven-figure range following Nov. 21 event in New York; MutualFunds.com, QR.com and Dayton.com among the notable Domains to join those already sold
NEW YORK — The domain name MutualFunds.com found a new home, selling for an undisclosed amount to an anonymous buyer, after initially crossing the auction block as part of Heritage Auctions' inaugural Domain Name & Intellectual Property Signature Auction, which has recorded well in excess of $1.5 million in total sales so far since the live event in New York on Nov. 21.
"While we cannot reveal the details of the transaction, we can say that the seller was seeking an offer in the $1 million range plus 15% Buyer's Premium," said Aron Meystedt, Founder and Director of the Domain Names and Intellectual Property category at Heritage, "and that both buyer and seller are very pleased with the negotiated deal."
In addition to the marquee lot, the auction has also seen several more significant post auction buys on premium Domain Names, including QR.com and Dayton.com, joining key names like XZ.com, Animation.com, Hemisphere.com and BusinessPhones.com, which all sold during the live auction.
The auction in New York in November marked the first time that a major, mainstream auction house entered the market for domain names.
"All things considered, we thought the live event was a relative success," said Meystedt, "and the enthusiasm we've seen post-sale, with the high-end transactions that have taken place, points to the emerging confidence that Domain veterans, new investors and end users are placing in the category and in the Heritage Auctions platform."
- Past Auction Values (prices, photos, full descriptions, etc.)
- Bid online
- Free Collector newsletter
- Want List with instant e-mail notifications
- Reduced auction commissions when you resell your
- Cash Advances
- More Bidders
- Trusted Experts
- Over 200,000 Satisfied Consignors Since 1976
Learn about consigning with us
Thanks so much for all your work in cataloging and promoting the collection. You really did a great job and I was consistently impressed. It was a pleasure dealing with you and with Heritage.View More Testimonials
HA.com receives more traffic than any other auction house website. (Source: Compete.com)