Cognac.com sells for $140,000
October 24, 2012
Dallas company Weblabcenter has sold Cognac.com for $140,000, Domain Name Wire has learned.
Weblabcenter bought the domain name in a Sedo GreatDomains auction in 2008 for $88,000. That’s nearly a 60% return in about four years.
Nhatvi Nguyen of Weblabcenter told me that the company started a blog on the domain name after buying it, but it never amounted to much.
The buyer of the domain name is anonymous for now. The whois record is now protected by Moniker’s privacy service.
The domain was originally registered in 1997. This sale will be good news to owners of other liquor related domain names.