11.com topped the weekly Domain Name Journal sales chart for the week to 23 October, selling for $525,000 through MediaOptions to an unnamed buyer in China. At the time of the sale, it was the fifth largest reported sale for 2011.
The sale easily eclipsed the next biggest sale for the week, that of whistlestop.com, which sold for $45,250 through Moniker/SnapNames while cocomo.com came in third, selling for $33,000 through Sedo.
There were 20 .COM domain sales, and the top 13, in the list of top reported sales, made up of 22 domains because of a three-way tie for 20th position, with one each for .ORG and .NET domains. It was a quiet week on the leader board for Sedo, who were responsible for eight of the top 22 sales, while GoDaddyAuctions topped them with nine sales.
Commenting on the 11.com sale, T.J. Demas the previous owner said âthe year 2400 marks the beginning of the 25th century and added, âthe proceeds from the sale of 11.com will be used to continue research and development into the most exceptional of lie algebras first discovered in 1888, just 4 years after 25 nations represented at the International Prime Meridian Conference divided the world into 24 time zones,â” according to the Domain Name Journal report.
The complete list of reported sales compiled by Domain Name Journal is available from dnjournal.com/archive/domainsales/2011/20111102.htm.