IT.COM

sales Gem.com Moves Into Escrow in a Deal Likely Worth 7 Figures

NameSilo
The domain name Gem.com has moved into Escrow.com's holding account today, signaling that a deal involving this three-letter .COM domain has been agreed. Registered in 1992, Gem.com has been owned by the Roglenn Inc since at least the late 1990s, based on archival copies of the domain's website.

Roglenn, who used the name Gemini Facilities Core Group, developed Gem.com to display their corporate website, but the name has sat idle for the last few years.

This valuable three-letter .COM will likely have received much interest, but the owner has now opted to enter into a deal involving this name. According to a source, the sale of Gem.com has been agreed, and it is a seven-figure fee being paid in installments across several years. The parties involved are using Escrow.com to manage the transaction.

At the time of writing, Gem.com is not forwarding to any website, but its new owners may put the name to use soon. The identity of the new owner is currently unknown, so we can only speculate at this point.

A potential buyer for this name would be Gem, a cryptocurrency brand that has raised over $20 million in funding since 2014. This company operates on the Gem.co domain name, so an upgrade would be logical.
 
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Thanks.
I wonder who the new owner of this great domain name is. Your speculation makes sense.
 
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Wow!

Thanks for the update. It will be very interesting to see how much this will go for in total. If that ever will be disclosed.
 
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Glad to hear of this deal, especially since I own FindThatGem.com. :xf.wink:
 
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gem.com is worth 6.5 million.
 
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gem has 32 million results on google. I think its a little more than brandable. It is a word.
 
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I must say that is a 'gem' of a domain name it is easily worth $10,000,000 you I think seller is selling himself a bit short anything below 10 million is re-seller pricing and someone buying it to flip it.
 
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I must say that is a 'gem' of a domain name it is easily worth $10,000,000 you I think seller is selling himself a bit short anything below 10 million is re-seller pricing and someone buying it to flip it.

It is worth no less than 100 MILLION DOLLARS
 
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Wrong. It is worth 6.5 million. If you want 10 million, you will have to wait awile.
 
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Either that or find a rich idiot.
 
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4-7 million is fair.
2 is cheap.
10 is expensive.
 
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I would prefer $2million paid in once to 5million spread over 10yrs
 
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