.com 6N sales report

[TargetNames]

Hello all,

For several months, I have been recording 6N sales from Asian auctions. I now have enough data (thousands of sales) to offer some perspective on the 6N market and general trends. Because the market is so liquid (and large), I have segmented the data into specific "pattern" types which have a large enough sample size to be meaningful.

Please note that there are other threads for showcasing your domains and discussing 6N in general terms. In this thread, I will highlight and discuss only 6N.coms sold at auction (live bids and confirmed buyers) on Asian platforms. I will use this thread to focus on specific pattern sales with short commentary. Hopefully, this will help buyers and sellers in pricing and bidding.

Please note:

1. I have not captured every sale, but am confident I have recorded "most".

2. I make no warranty as to the accuracy of the final sales price as I am relying on the auction sites and the sales reporting site Chaomi.

3. There is a lot of data and almost impossible to capture all. For perspective, the pattern I will analyze today has almost 80 recorded sales in the last 7 days. How many of this pattern were published on Namebio in the last 7 days? The answer is 0. Feel free to add sales that I may have missed or from lesser known auction sites.

4. Sales are in Chinese yuan (CNY)- Conversion guide (changes daily, so not precise):

2000 CNY- $304
2250 CNY- $342
2500 CNY- $380
2750 CNY- $418
3000 CNY- $456
3500 CNY- $532
4000 CNY- $608

Today's 6N pattern analysis: The interior, non-eight "triple" repeating digit (no 0,4).
Pattern type example: x111xx, xx111x

6N with interior triple number 1

381113 2000
311193 2300
281115 2200
511183 2200
711126 2200
571115 2300
711196 2200
511186 2900
151118 2700
811138 3000
811131 2700
511172 2399
291116 2300
611131 2600
311176 2200
211181 2700
911131 2700
811156 2400
311193 2400
611169 2600
711126 2200

Comment: 21 sales, average: 2438 CNY ($371), Low 2000 High 3000 (bookend 8), x111x1 ave: 2675 CNY ($407)


6N with interior triple number 2

762225 2200
722239 2200
892223 2200
722219 2100
322217 2200
522262 2700
822285 3000
572225 2400
822232 2700
322238 2800
892223 2400
522295 2400
322218 2300
622279 2200
122298 2600

Comment: 15 sales, average: 2427 CNY ($369), Low 2100 high 3000 (81118x), x222x2: 2700 ($410)


6N with interior triple number 3

863339 2700
733372 2400
893337 2300
713339 2200
633325 2400
213337 2200
233386 2100
633312 2100
233396 2200
323338 3000
583335 3400
633325 2100

Comment: 12 sales, average: 2425 CNY ($369), Low 2100 High 3400 (3,5,8 harmonious)


6N with interior triple number 5

815553 2100
375551 2100
755537 2300
855596 2100
855536 2400
855529 2300
895556 2500
855582 2900
955528 3200
685552 2700
375551 2488

Comment: 11 sales, average: 2463 CNY ($374), Low 2100 High 3200


6N with interior triple number 6

766617 2400
266635 2400
566673 2600
816665 3000
766612 2400
366625 2400
766681 2500
566639 2400
566698 4700

Comment: 9 sales, average: 2756 CNY ($419), Median: 2529 CNY ($385) Low 2400 High 4700
Triple 6 usually gets higher prices and recent data continues that trend.

6N with interior triple number 7

377725 2100
897775 2400
377781 2100
827775 2300
837776 2300
187771 2400
377725 2100

Comment: 7 sales, average: 2243 CNY ($341) Low 2100 High 2400. Smaller data set this week but similar to past data. Triple 7 is usually a little less than most other numbers but still good!


6N with interior triple number 9

799958 3300
199956 2700
359996 2600
379993 2400
399973 2500
369991 2500
899953 2500
729992 2900
369992 2500
699973 2500
799971 2900
179992 2400
199932 2500

Comment: 13 sales, average: 2631 CNY ($400) Low 2400 High 3300 (8 end). The number 9 is always strong and this data confirms.

Summary: Remember, this is one week. There are hundreds of data points for each triple over the last few months. This pattern bottomed in early-mid December at 1400-1600 CNY on low end. The last two weeks show increasing price.

I will analyze the next pattern in a day or two.

 

[joro001]

Two +1K sales from China (converted):

125655 8500 CNY
138777 14,000 CNY

Meanwhile, the large bulk sellers have dropped price to 999 for non-patterns. I expect this to continue until mid-summer. After all, the buyers know their situation...

The western markets are now stronger as better inventory has hit the aftermarket and better patterns are being offered by private sellers.

The gap between non-patterns and patterns continues to grow, with multiple +1k sales in the last two weeks for the latter.

This is exactly what's happening.
The ultra premiums are performing extremely well, in fact better than ever.

 

[bazabizo]

Two +1K sales from China (converted):

125655 8500 CNY
138777 14,000 CNY

The beauty of 6Ns, that I diversified. Maybe not on the winning side of non-chips, but with something like 777357.com, 181113,181115,181116,181117,533322 all .coms. Now I believe these alone as an investment will save the 10K I spent on non-chips ... hopefully

 

[joro001]

Has there ever been a wider discrepancy between the best of the best 6n's and the average?
The floor for average is around 950 RMB today which is the lowest it's been in a long time.
However, these prices for premiums show the money is flowing in there:

880059.com - $415
881186.com - $886
885589.com - $964
925588.com - $1840
882688.com - $2136

All the above are live auctions at godaddy.
That one ending in 88 is pretty amazing when recently similar names have been going for $1100 or so.

Interesting market for sure right now!

 

[TERADOMAIN]

Yes, but all with some patterns within. Not just random ones! and a lot of them with a couple of 8s within. If I auction them one by one on NP, I will make profit, but that will take a lto of time. If I sell a couple on SEDO and Afternic, I should be all set, and I think Im on the right track with this!

The beauty of quality domain is rareness. Quality domains are little expensive but less in qty so we can easily manage them to renew for even few years if required. $8-$10 renewal rate is nothing compare to domain floor price is close to $500-$1000 or more. Quality remains quality.

When we have 1000+ Domains whose floor price is $25-$30 then it is very risky to renew for $8-$10.

For Example if someone has 1000 6N.com (With 4 in it) whose floor price is around $15-$20 or little here and there then it is very risky to renew them because renewal bill will be $8000-$10000.

But if we have 10 Good quality names like Good pattern, Triple/Pair ending or beginning (Without 0,4) then it will cost us only $80-$100 in renewal.

1000 Non Premium 6N.com = $8000-$10000 assuming hand registered = $8000-$10000 renewal cost

10 Premium good pattern 6N.com = $5000-$10000 assuming purchased in aftermarket = $80-$100 renewal cost

We should always have long term outlook even if we can able to sell them for 10%-30%+ profit within few days. Booking profit is important but having long term outlook is very important.

Just 1 Month ago everyone were singing and jumping about Premium 6N.com when floor price was 1600 CNY- 1800 CNY. In 1 month if we started losing faith in them because current non pattern 6N.com floor price is 999 CNY then we need to rethink about our outlook. Up and Down is part of life. Even Heartbeat goes up and down every second. It is nature anything goes up comes down and anything goes down comes up. Quality remains Quality despite all ups and downs.

6N.com without (0,4) = 264144 possibilities (Still rare in nature)

6N.com Premium Various Pattern = 512- 4096 possibilities (Considering Triple/Double pair in it). Very very very rare in nature.

I am not an expert. I am just trying to share what I think with all friends with good intention. Everything involves risk in life. I am not even suggesting what to do and what not to do. End of the day everyone has to take their own decision based on situation they have in their life. Everyone has different situation which may and may not apply to others.

Thanks

 

[bazabizo]

I believe firmly (my own belief), that the market will respond sooner or later! I might not be a 100% correct!
What I meant is, I invested in both equally, average 10K each, 10K in quality names without 0&4 and and decent quality with 0&4!
The possibilities are the following :
1) Quality chips only rise and the others fall in the same percentage, so I end up break even.
2) Quality Chips rise and others remain flat, so I end up winning
3) Quality chips rise and others rise as well, I am doubly winning!

Then why did I invest in non-chips if I was sure that quality chips are the ones going to rise for sure? simply because Im greedy and GREED makes you take risks and investments' diversification requires a piece to have a risk factor! If non-chips rise, they rise more than double! for example, a name that is worthy 25 today can be worthy 75 in a year. Quality names dont tripple that easily!

The question about renewals is not a big hit for me. I have 250 non-chips not a thousand, and 2K annual renewals for me are a practice coz my overall portfolio renewal is multiples of that! I can swallow that as expenses in general. Whether this will pay off or not? time will tell! I bet on LLL.co last year when everyone was mocking me, I made a couple of thousands in easy profit! invested in quality 5L pronounceables, again domainers were mocking me why I am putting thousands in there and not on 4L CVCV, but my ROI was best afterwards!
My bets are public but not guarateed! I invested in LLL.biz this year as well. The outcome is not clear as well.

Guess what is the only thing in common with all teh above? Its the limited quantity. even non-chips, these are all 900K names within an industry that has more than 180M .coms registered and 100M of these in invested portfolios! Sooner or later these will be worth something. If time rolls back I would put only in quality names just for the easy of management, but I learnt not to look back! I did something and Its commit phase! I will do my best to maximize that call I made and I never failed in doing so!

The most foolish thing I could do now, is to liquidate the non-chips! I wish everyone else avoids that as well. If we do so, we will be only helping a chinese domaining shark buy for cheap! Let the amateurs help, even if we will not make money, lets not lose or leave money on the table!

Good Luck all, you will always need it

 

[joro001]

From what i'm seeing lately during this crash of the last 6/7 weeks and yes there's been a huge price drop in most 6n's, demand seems to have shifted.

What I mean is as i've said countless times, the ultra premiums have not only not fallen during this period but in fact have risen to new levels not seen before.

That tells me that investors are taking their money out of the lower quality names with/without 0/4 and moving into a "safe haven" which in this case is the best of the best 6n's. I feel a couple of reasons this has been happening is:

1. As @TERADOMAIN says above there is substantial renewal risk in holding low quality names in bulk. The floor today is 72 RMB - $11. These names have seen their value plummet by more then half in 6/7 weeks. Would you renew all your names at times like this? I know in that position I would seriously consider trying to liquidate some for anything just not to pay the renewals when at present they are only worth reg fee. These now require a serious analysis to see if they are the right strategy to be invested in.

I was discussing via PM some weeks ago with someone about a bulk load of 6n's in this category and he said they can't go down further when they were around $25+ each, you can't lose. I replied that of course they can full further. Now look at where they are today!

2. Ultra premiums are more rare and do not have renewal issues, of course you'll renew them no matter how many you own. In addition they are seen as more stable and secure during times of crisis, similar to the way investors move money from the stock market to gold during times of uncertainty (it's not exactly the same, but I think there's some similarity). I call this a flight to quality lol.

I think premium 6n's have a way to go up from here and should still bring huge ROI from here and especially when the overall market picks up again. If they are where they are today during this period then it's exciting to think where they could be during a more bullish market.

Each to their own!

 

[joro001]

In case people are wondering what i'm talking about when I refer above to a crash of average 6n's, look at the floor for 6n's with 0/4 in them on a 90 day chart basis, it looks ugly:

 

[bazabizo]

I cant agree more to the chart above, but lets dive deep into some of teh sales reported by Chaomi first :
1) There isnt a single tripple repeaters at the beginning or end for the past few weeks being reported! Is this any normal? dont you think this is used to manipulate the reported daily numbers?
2) the chart above is based on teh first section of the daily reported numbers which is mainly for pigeon shit being offered for sale! The second section has an average of 30-40 USD!

I am not saying that there isnt a market decline, there is! and the patterns are doing much better as an investment now! BUT its not as bad as Chaomi is reporting! coz if I look at the numbers on Chaomi only, there are tens of names reported at Chaomi that were sold for price 1/10 of what Chinese investors pay for similar names here on NP!

Bottom line, I will always believe Chaomi is manipulated! As long as Chinese pay us more than what is reported on Chaomi, then its manipulated! Why would they bother to buy from an english website if they can buy for much less on a chinese one?

 

[TargetNames]

The market for average domains without 0,4 and with 0,4 are going down because this represents the weakest domains that were registered last summer and early fall. Many Chinese investors registered 1000's of these and have done quite well.

Before the buyout, last June, there were about 750,000 6N available to register. By early August, that number had dropped by almost half, and then the lowest quality was done before October. The first batch of "average" domains up for mass renewal will be some late June, but mostly July and August- I would estimate 300,000 to be renewed or dropped in this time-frame. Obviously, sellers do not want to wait until the last weeks to try to sell, so they are dropping price to offload inventory. The problem is, as with other buyouts, when so many mediocre and poor domains are hitting the market in a short window, there simply aren't enough committed buyers.

Yet, they only paid $8 so even at 500 yuan, you are talking almost 10x investment.

As these inferior domains flood the market pre-renewal, the truly rare domains- those in the top 5%- are in scarce supply and are being bid up.

It has always been ironic to me that investors in numerics sem to have such a poor understanding of the math involved, which is crucial to rarity (in any collectible!). Simple concepts like 6N domains made with 3 numbers are more than 5x more rare than those made with 4 numbers. This is the same for triple repeating numbers rather than double repeating, two pair instead of one pair, etc.

Logically, should investors have ever paid $250 for an average non-pattern domain with no pairs and 5 or 6 numbers while paying $350-400 for triple repeating numbers without 0,4? Of course not! One is infinitely more rare than the other.

The best domains will hold value because they are quality domains that are rarely offered in bulk. The difference in price between truly good domains and average domains should be great, as it is in 5N domains. 6N is moving in this direction, as it should be.

 

[joro001]

The market for average domains without 0,4 and with 0,4 are going down because this represents the weakest domains that were registered last summer and early fall. Many Chinese investors registered 1000's of these and have done quite well.

Before the buyout, last June, there were about 750,000 6N available to register. By early August, that number had dropped by almost half, and then the lowest quality was done before October. The first batch of "average" domains up for mass renewal will be some late June, but mostly July and August- I would estimate 300,000 to be renewed or dropped in this time-frame. Obviously, sellers do not want to wait until the last weeks to try to sell, so they are dropping price to offload inventory. The problem is, as with other buyouts, when so many mediocre and poor domains are hitting the market in a short window, there simply aren't enough committed buyers.

Yet, they only paid $8 so even at 500 yuan, you are talking almost 10x investment.

As these inferior domains flood the market pre-renewal, the truly rare domains- those in the top 5%- are in scarce supply and are being bid up.

It has always been ironic to me that investors in numerics sem to have such a poor understanding of the math involved, which is crucial to rarity (in any collectible!). Simple concepts like 6N domains made with 3 numbers are more than 5x more rare than those made with 4 numbers. This is the same for triple repeating numbers rather than double repeating, two pair instead of one pair, etc.

Logically, should investors have ever paid $250 for an average non-pattern domain with no pairs and 5 or 6 numbers while paying $350-400 for triple repeating numbers without 0,4? Of course not! One is infinitely more rare than the other.

The best domains will hold value because they are quality domains that are rarely offered in bulk. The difference in price between truly good domains and average domains should be great, as it is in 5N domains. 6N is moving in this direction, as it should be.

It is definitely moving in this direction. In fact from what i'm seeing this is now in full swing with ultra premiums at new highs daily almost. To bring home the point more a good number of great 6n's just sold and have been reported by chaomi. I will report some of the latest sales:

1 03-27

10,000 - 13045# 2016-03-27 20:00 易名
2 03-27

10,000 ↑ 13045# 2016-03-27 20:00 易名
3 03-27

9,998 ↓ 1697# 2016-03-27 20:00 易名
4 03-27

10,000 ↑ 102067# 2016-03-27 20:00 易名
5 03-27

9,999 - 58576# 2016-03-27 19:59 易名
6 03-27

9,999 ↑ 23965# 2016-03-27 19:59 易名
7 03-27

8,999 ↓ 97364# 2016-03-27 19:59 易名
8 03-27

9,000 ↑ 58242# 2016-03-27 19:59 易名
9 03-27

8,888 ↓ 100828# 2016-03-27 19:59 易名
10 03-27

9,800 ↓ 100919# 2016-03-27 19:58 易名
11 03-27

9,888 ↑ 95339# 2016-03-27 19:58 易名
12 03-27

9,800 ↑ 13045# 2016-03-27 19:58

Many of these sales are around $1500+ which again is close to what the sellers take NET on the chinese marketplaces, this is not godaddy or namejet eating 15%+ on commission, more like 2.5%-5% max I think I was told once by a Chinese investor.

Fantastic sales prices for 88 endings IMO!

 

[TargetNames]

Yes, the 88 sales for a bulk lot were actually higher than the 88 ending average from my last update. An average of $1500 is a few hundred dollars higher than the last bulk lot went for.

In addition, these sales were booked in the last few days:

197197 32,000 ($4,912!)
458999 13,800 ($2,118)
466444 13,333 ($2,047)

Also,

866988 7000 ($1074)
333655 7000 ($1074)
365858 5999 ($921)

In the last week alone, there have been about 20 +$1000 sales, the most I have recorded in any 7 day period.

On the other hand, bidding activity has dropped for good patterns and there have been a few very good deals for buyers. Pattern sellers are doing well but also patient buyers are finding some gems.

 

[heartland]

466444 13,333 ($2,047)

I like this pattern. Just bought one here at NP, 277222.net. if the number is not 4 on the above domain, the price will probably double.

 

[gemstar]

I bought couple of months ago cheap.
404405.com .I liked the pattern

 

[TERADOMAIN]

I bought couple of months ago cheap.
404405.com .I liked the pattern

Good Sequence. Sequence is more rare.

 

[TERADOMAIN]

Here is full list of 6N.com ending with 88.

Recent Sales without "0" & "4" in 6N.com ending with "88" On March 27 2016:

191288.com 10,000 CNY ($1534) 2016-03-27
695788.com 10,000 CNY ($1534) 2016-03-27
538988.com 9,998 CNY ($1534) 2016-03-27
917588.com 10,000 CNY ($1534) 2016-03-27
622788.com 9,999 CNY ($1534) 2016-03-27
235988.com 9,999 CNY ($1534) 2016-03-27
525388.com 8,999 CNY ($1381) 2016-03-27
582588.com 9,000 CNY ($1381) 2016-03-27
272388.com 8,888 CNY ($1364) 2016-03-27
328588.com 9,800 CNY ($1504) 2016-03-27
115988.com 9,888 CNY ($1517) 2016-03-27
761988.com 9,800 CNY ($1504) 2016-03-27
268788.com 8,888 CNY ($1364) 2016-03-27
725288.com 9,599 CNY ($1473) 2016-03-27
969588.com 9,188 CNY ($1410) 2016-03-27
573588.com 9,188 CNY ($1410) 2016-03-27
376188.com 9,800 CNY ($1504) 2016-03-27
732688.com 8,888 CNY ($1364) 2016-03-27
292388.com 8,888 CNY ($1364) 2016-03-27
391288.com 8,888 CNY ($1364) 2016-03-27
175788.com 9,888 CNY ($1517) 2016-03-27
651688.com 9,888 CNY ($1517) 2016-03-27
263588.com 9,700 CNY ($1488) 2016-03-27
735988.com 8,888 CNY ($1364) 2016-03-27
672688.com 8,600 CNY ($1320) 2016-03-27
273788.com 8,500 CNY ($1304) 2016-03-27

 

[venturefile.com]

458999 13,800 ($2,118)

That was a huge sale for domain with a 4 inside. Where did this one sell?

 

[TargetNames]

That was a huge sale for domain with a 4 inside. Where did this one sell?

Top sales with "4" for March (ename):

458999.com 13,800 2016-03-26 02:04
466444.com 13,333 2016-03-26 01:46
284567.com 7,800 2016-03-02 18:06

 

[TERADOMAIN]

882688.com is currently sitting on $2650 @ Godaddy Auction.

6 Hours 45 Minutes to go.

 

[hullswingerscom]

but why is 882688.com selling so high thats what i like to know.
sure its nice pattern but not as if there a shortage of nice pattern 6n

 

[TERADOMAIN]

882688.com Sold for $2750 only.

Only 64 such pattern is possible with Two external Pair of 88.

Good buy compare to 885088.com Sold for $1901 two months ago.

Even 8885688.com (7N.com) Sold for $1331

 

[joro001]

882688.com Sold for $2750 only.

Only 64 such pattern is possible with Two external Pair of 88.

Good buy compare to 885088.com Sold for $1901 two months ago.

Even 8885688.com (7N.com) Sold for $1331

Wow a steal for the buyer.

Not a good price at all IMO.

 

[TERADOMAIN]

Wow a steal for the buyer.

Not a good price at all IMO.

Just yesterday bulk of 6N.com ending with 88 sold for $1400-$1500 and today 5-10 times premium item sold for only $2750. Very unpredictable. But that is the beauty of the market. May be not everyone knows about it. It also has to do something with Transferring out of Godaddy as well. Lock period of 60 days. So many chinese buyer prefer to take name to their registrar. They don't want with Godaddy for some reason.

 

[joro001]

I just sold a number of 6n.coms with 0/4 today at namejet for around $100 each on average, e.g. 000391.com etc. It's a strange market right now, where my decent pattern 6n's with 0/4 are selling for almost the same amount as the average 6n's without 0/4.

Some domains are selling for record highs and others are going under what you would expect.
I guess the lower overall floor is hurting some sales allowing some good buying opportunities.

 

[TERADOMAIN]

498666.com Sold for 15000 CNY ($2304)

900168.com sold for 3000 CNY ($460)

 

[TargetNames]

353637 3000 CNY 4.cn
185818 2800 CNY Ename