jse.co.uk (650 GBP)

[Acorn Newsbot]

Domain Name Sold at Domain Lore:
Sold price: £650, Ended on: 2017-09-11 16:20:00

 

[JMI]

a bit of trivia.. it has sold now for less than I paid for it a good few years back (£850 I think).

I then set up a website called the 'Johannesburg Sock Exchangers' allowing users to reunite or swap missing pairs of socks via an online form.

Anyway, after a long negotiation, I sold it to the Johannesburg Stock Exchange who were desperate for it (jse.co.za - bit of an odd looking setup if you ask me). An ironic end really..

 

[wonder_lander]

Always love to hear a story. I assume you sold it to the stock exchange for a decent amount?

 

[JMI]

Always love to hear a story. I assume you sold it to the stock exchange for a decent amount?

I think it was £235,000 in the end, I'll try and find the invoice.

 

[markb]

So you sold jse.co.uk to the stock exchange? Did they not go through with the payment? How come you ended up still owning it and selling through domainlore?

 

[JMI]

No, I bought it here, then sold to the JSE, then they let it drop, it then got put on DL, and now has a new owner.

 

[wonder_lander]

No, I bought it here, then sold to the JSE, then they let it drop, it then got put on DL, and now has a new owner.

Where you not tempted to bid for it based on the previous sale?! Could have been a nice rinse and repeat!

 

[dee]

wait ? They a domain that they paid 235,000 for drop ?

I mean...really !

 

[ian]

I cannot fathom what of this thread is real and not

 

[Lovekraft]

Is this a true story?!

 

[dee]

If it is then whoever just got it, well done, and whoever let it drop should be taken out back.

 

[TallBloke]

What an odd story!

 

[TallBloke]

I think it was £235,000 in the end, I'll try and find the invoice.

I suspect I'd remember

But maybe you've completed on similar deals?

 

[Adam H]

Would be great for someone to reach out to Johannesburg Stock Exchange to comment, would make a great article for the domain industry of how these companies manage and evaluate their assets. Whether that being someone lower down forgetting to renew or just realising it was a uk TLD and not the .com

 

[Adam H]

I actually thought the "sock" exchange was a piss take as well but Googling its actually a thing lol : thelondonsockexchange.net

 

[Lovekraft]

Would be great for someone to reach out to Johannesburg Stock Exchange to comment, would make a great article for the domain industry of how these companies manage and evaluate their assets. Whether that being someone lower down forgetting to renew or just realising it was a uk TLD and not the .com

I guess a lot of organisations will buy domains, sometimes outwith their own ccTLD to protect their brand / identity. The issue is when they are not actually using them they do often get forgotten about and things like this happen. Perhaps the employee that originally dealt with the transfer used his own email and since left the company so any reminders will have been missed. I guess a lot of drop catchers have benefited from this over the years