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March 29, 2019

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IT Company Cumberland Fills the Gap With a 6-Figure Purchase That Tops This Week's Domain Sales Chart

One of the biggest drivers of high end domain sales are well funded corporate buyers looking to upgrade from their current domains. That was the case again with the biggest domain sale reported over the past week - Cumberland.com - changing hands for $250,000. An Information Technology Company that has been based at CumberlandGroupIT.com made a big move up by purchasing Cumberland.com from veteran domain investor Shane Kinsch in a deal handled by Uniregistry.com.  

Earlier today, in our Lowdown section, we told you about an even bigger deal for CBDOil.com that came in at $500,240. Since that one just came to light we still have a couple of details to check on before charting it, but the domain is already under the control of a well established alternative medicines manufacturer/retailer, BuyLegalMeds.com. Their CEO and owner, Joe Vargas, gave us an in depth interview about the CBDOil.com purchase and his plans for the domain that I'm sure you will find interesting.

By Ron Jackson

The runner-up spot on our latest weekly all extension Top 20 Sales Chart went to Sedo for their $43,530 sale of KBET.com. That produced a rare instance where a four-letter acronym sold for more than a 3-letter .com on the same chart - in this case Sedo's $19,999 sale of #6 KAA.com. Sedo went on to sweep 15 of the 20 chart entries with their roster including another 4-letter .com - #10 (tie) BCIG.com at $10,000.

PotDomains.com rounded out the first three with a $30,000 sale of CBDClub.com, a domain that helped the .coms pile up 14 places on the Big Board.

The non .com gTLDs, were limited to two spots but one of those, #4 Radio.cloud, became the 2nd biggest sale of the year to date in this category when Nidoma.com broker Shaun Wilkinson moved it for €25,000 ($28,000). The other charted sale for this group was #15 Psychedelic.org, a domain that Joseph Charland purchased at GoDaddy Auctions for $7,888.

The ccTLDs did a little better in the numbers gave, putting four domains on the elite list. Sedo posted three of those, including the largest one, #14 Site.se at €7,000 ($7,910). DomainLore.co.uk completed the country code quartet with #20 Gateway.co.uk at £5,088 ($6,716).  

Here is how the sales leaders stacked for the week ending Sunday, March 24, 2019:

HealthInsurance Services, Inc
eHealthInsurance Services, Inc
eHealthInsurance Services, Inc

The DN Journal Top 20 
Highest Reported Domain Sales - Mon. March 18, 2019 - Sun. March 25, 2019
(Foreign currency to U.S. Dollar Conversions Based on Rates in Effect March 27, 2019)

  Domain

Sold For

Where Sold
1. Cumberland.com $250,000 Uniregistry
2. KBET.com $43,530 Sedo