Membership is FREE – with unlimited access to all features, tools, and discussions. Premium accounts get benefits like banner ads and newsletter exposure. ✅ Signature links are now free for all. Share your own thoughts and experience, accounts may be terminated for violations.

  • Welcome to AcornDomains.co.uk, a friendly community for UK domain investors, developers and anyone interested in domain names.

    Whether you're looking to buy or sell domains, learn more about the UK domain market, get feedback on your names, or simply chat with other domainers, you're in the right place. AcornDomains has been bringing together people from across the UK domain industry for many years, from complete beginners to experienced investors.

    Have a look around, join the discussions and, if you haven't already, create a free account and introduce yourself.

.UK and .CO.UK Sedo

Gold.co.uk sells for £600,000

Status
Not open for further replies.
Domain Summit Asia 2026
http://www.ft.com/cms/s/0/119abbda-e0f6-11e4-8b1a-00144feab7de.html#axzz3lykyNBk2

You have to love a success story

"Rob Halliday-Stein, 37, founded online bullion dealer BullionByPost in 2008, using £10,000 from his mother’s will.

After his mother’s death, he decided to invest part of his inheritance in gold and silver. Put off by the unfriendliness and high premiums of established bullion dealers, he recognised a gap in the market for the small investor, which coincided with the banking crisis"
 
domainseller200 said:
"Rob Halliday-Stein, 37, founded online bullion dealer BullionByPost in 2008, using £10,000 from his mother’s will.
Click to expand...

I might be being dumb, but how would you start a bullion company with £10,000 when an oz of gold at the time was about £1000 and you only make 5% extra generally on top of the melt price?
 
It's a fabulous synergy for the buyer when you dig into his company's situation. Yes, it's going to take "a while" to see a positive ROI, but it throws rocket fuel on their credibility within their niche, and should help them seize an even bigger share of business.

(Also, it's a splendid result for the seller - I believe 99% of people reading this thread, mysely included, would have blinked and sold it much cheaper than the price that was ultimately attained)
 
I think the .uk market needed something like this. I think it's a great investment and should easily pay itself back.

Given that the world's banking sector is on shaky ground, the prospects for gold services like Bullion By Post look good.

Congrats to the buyer and seller.
 
Edwin said:
I
I believe 99% of people reading this thread, mysely included, would have blinked and sold it much cheaper than the price that was ultimately attained)
Click to expand...

Agreed, I personally believe that's what's wrong with the UK domain industry as a whole and why there is such a gulf between the .uk and .com market. I believe too many UK orientated domainers are too eagar to offload reasonable domains to other domainers at "reseller" prices that it drowns the market for potential. When offers come in no one punches high and allows to be brought down.
 
Interested view he has though:

"We haven’t earned the money back yet, but I’m taking a 20-year view on it"

Does he still see domains having to the same impact in 20 years then? Interesting.
 
wow, nice to see such an incredible sale, nice little boost for the industry.
 
Murray said:
I might be being dumb, but how would you start a bullion company with £10,000 when an oz of gold at the time was about £1000 and you only make 5% extra generally on top of the melt price?
Click to expand...

I believe the money was mainly invested in the website and marketing with a bullion supplier acting as a drop shipper for him at first.
 
As an aside, anyone currently investing in gold or silver? Any opinions on where prices are likely to go? Haven't looked myself in a year or so and quite surprised how much they've dropped. Quite interested in silver actually, as I believe no more can be produced?
 
Status
Not open for further replies.

Similar threads

it.com
it.com 2025 Domain Sales and Acquisitions and 2026 Predictions with Tess Diaz, it.com Domains
Replies
0
Views
1K
it.comit.com is verified member.
it.com
it.com
it.com 5 Subdomain Setup Mistakes and How to Avoid Them
Replies
0
Views
811
it.comit.com is verified member.
it.com
it.com
it.com DNS Records – What They Are and How They Work
Replies
0
Views
690
it.comit.com is verified member.
it.com
NiceNICDomainServer
Domain Trading Insights: Top Domains Selling for Up to $1.45 Million and How to Leverage This Market
Replies
0
Views
686
NiceNICDomainServerNiceNICDomainServer is verified member.
NiceNICDomainServer
it.com
it.com Industry News Digest: August 2026
Replies
0
Views
387
it.comit.com is verified member.
it.com
  • Home
  • Forums
  • Events
  • Auctions
    • Top Bottom