Zameer24x7
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If Canada in .com sells you will undoubtedly need big pockets!
I was looking at the all time top sales and notice that the highest country sold was Korea in .com sold for $5.0M in 2000 but even now does not resolve to a working website. Anyone know the story with it?
The next highest country sale I noticed was England for $2.0M back in 1999.
How much do you think Canada.com will fetch?
I am not convinced that anyone will offer enough that it will sell (no inside information, do not know seller). Canada has only sold in a couple of minor cc extensions (in those just $$$). Canadian in com sold for $60,000 and clearly Canada worth more. I think somewhere in $$$$$$ for Canada maybe the low to mid end. But just a wild guess.
6 figures and not 7 figures Bob?
In my opinion yes, something in 6 figure range. That said, I am certainly no expert on high value sales, or country name sales, and totally see that a 7 figure is arguable.
Here is my reasoning for 6 figure ...
I totally accept that I may be very wrong on this (and well many things! ). Still thinking about it.
- Yes there have been some high value country sales - e.g. Korea at $5M and England at $2M, Russia at $1.5M . But most of those were some years ago, and I am not convinced that the price would be the same if they sold today.
- I think to some degree the value of a country .com scales according to some combination of the population, economic GDP, or travel industry value, and the high values scaled down get to 6 figure range in my opinion. Brazil.com sold for $500k and I would see Canada as a bit less than this, hence my estimate a bit below mid 6 figure.
- It is perhaps my limited thinking, but one view I take to domain worth is to take the possible price, imagine the reasonable end uses, take an investment ratio and see if they make sense. For example let's say if it sold at $1000000 and 4.5% is a reasonable investment ratio. Is having this name worth $45,000 per year. Possibly, but it needs to be a major business where this adds a lot of value. I wonder if the name is too generic. It could mean almost anything. I guess the two uses I could see that probably would get that value from the name would be a truly huge travel business running tours, etc. of Canada or a consortium of individuals involved in immigration to Canada (although the latter might like .org more). I may, writing this, be convincing myself that it is worth 7 figures however.
- I think the France saga and precedent might give pause to some who would otherwise consider a huge offer. I doubt Canada would do something similar, but I think it has to be a concern to anyone.
- I think the fact that some of the high value country sales remain unused (e.g. Korea) argues also against how high the real value of the name is. Not saying it is not really high, but if some of the earlier high country sales were clearly making big bucks would add to argument.
- That being said having the name would bring huge prestige, and may well be worth 7 figures to someone. I would not be surprised at all if the owner holds out until there is a 7 figure offer.
Bob
I tried contacting via Twitter but no answer. Let me know if anyone finds an official place to bid on this domain. With such a nice domain there should be a proper auction.
I have USAcanada.co
I offered 100k but she is looking to get as close to 2.5 million as possible.
If Canada.com was $100K, it would be sold many times over by now. It could probably fetch more just being listed in Godaddy auctions. Either way takes a lot of guts to put a strong offer like that forward, best of luck.
I am surprised given many of the top domainers are Canadian Frank S, Garry C, Richard L, Kevin H etc...you have admit to own a G7 country name is pretty spectacular.HeHe... You don't get if you don't ask but seriously I have not heard of anything go for a million in Canada yet. I will be watching this one quite closely.
I increased my offer to 250k a few moments ago but after this I am on the sidelines.
Unlike all the talk I said I can cut a cheque on demand.
Seriously it would be a conquest deal for me and nothing else so after this I am out for sure.
I wonder who will risk a few million on this domain?
Legally though, France couldn't seize it. So legally, Canada can't either. If I was the owner of france.com I would be suing web.com as well for giving France the domain.The France.com thing does put a shadow on this
https://arstechnica.com/tech-policy...com-from-man-whos-had-it-since-94-so-he-sues/
I wonder who will risk a few million on this domain?
I'm still skeptical at this point.
Legally though, France couldn't seize it. So legally, Canada can't either.