Andre Yoskowitz
10 Mar 2010 12:10
Sex.com, one of the most expensive domain names on the Internet, will go up for auction on March 18th with an opening bid of $1 million.
The domain was originally purchased for under $100 in 1994, and then sold in 2006 for $14 million to Escom LLC, who could not afford the payments and then defaulted the site to DOM Partners, the lender who backed the $14 million bid.
The question remains as to whether Sex.com is worth $1 million, let alone the $14 million it sold for just a few years ago. Even so, auctioneer Richard Maltz says: "We don't know who's serious and who's not, but prospective bidders need a $1 million certified check. It should be interesting."
We will report on the final selling price on the 18th.