I’ve been getting used to the domain auction platform 4.cn over the last month. As a former trader I realize the value of having a marketplace in a foreign market that trades the same products that we have here but at different prices. It can lead to some arbitrage if you do it right.
What I like about 4.cn is two things. One, there is actually a barrier to entry. To buy you are going to either need to wire money or have money in the account from domain sales. They only take paypal in amounts under $1000 and that’s not going to cover any big purchases. This morning was a perfect example of why the average person probably won’t mess with 4.cn. I purchased two domains 3289.com and 3065.com and needed to get money to fund the account in 3 days. My wife worked at my bank for 15 years and asked her to ask one of her former coworkers to wire some money for me. My wife asked me the name of the bank and the routing info, etc. When I told her it was a Chinese bank account she replied “seriously, what bank do you need the money sent to” Nothing more comfortable than sending thousands of dollars to a Chinese bank you’ve never worked with before. But there is one reason I do and that’s the reason number two. Liquidity and availability
They sell more more number domains than anywhere in the world. You have a name to sell, this is the place you are going to move it and get the most for it. I am all over the web looking for NNNN.coms and it’s hard to find any numbers without the number 4 in it elsewhere. And that’s a perfect lead in to the going rates of 4N domains.
Undoubtedly prices will stray from this guideline but overall this is what you’re going to pay for the average name in these category
Any NNNN.com with a 4 in it will go for around $500-600
A repeating 4 will get you an extra hundred dollars
Any Number without a four in it will fetch $1000 plus at 4.n. After that it really depend on a few things that take the price higher
Repeating number domains almost always cross the $1500 mark
Even number ie 5600.com fetch big dollars and numbers that start with 0 that don’t fair well in the rest of the world seem to hit $1000 regularly at 4.cn
Numbers that are easy to type like my domains 4769.com (damn 4 ruins it though) and 3289.com go for more money
Again these numbers are generalizations and names can go up dramatically from these points if someone really wants that number.
I’m recording all NNNN.com sales as well and will put out a recent sales report if anyone wants one. I also feel that these prices go up from here. If you don’t, send me an email with your NNNN.com and your price as I have a few more names to acquire.