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24-Apr-2007

Rex.com Domain Auction

The Domain name "Rex.com" has been officially sold with a starting bid of $395, 000. The domain is currently at auction on Sedo.com which will end on Friday 27th April at 10 am EST.

REX, is a latin based word meaning "To be King, to domineer", and a premium 3 letter .com found domain. The owner has had thousands of bids for this Domain Name, (especially in the last year). There have been dozens of 6 figure offers and in the last 6 months have had 5 significant six figure offerings for over $250k for REX.COM, which includes a $400k offering to payout over 3 years and $650k to payout over 10 years. They are number 1 in the top of Sedo’s Most Wanted Domain Names for offers through them alone They have owned the REX.COM domain since 1994 but there is a desire by various interested parties to own the name.