The price of prime geo domains continues to rise as the geo domain niche gains traction in this industry.  Prices will continue to soar as the industry unfolds and geopreneurs develop their properties into small empires.  If geo domains are selling for this amount without content, what will they sell for once they are content revenue generating machines?  The sky is the limit with geo domains.  Another prime geo domain on auction is kosovo.com for $1,162,259.  (via domainnews.com)

With just over four days to go for the auction of iran.com at Sedo, the current asking price is US$735,000.

Whoever ends up with the domain can only lead to a tidy profit for the current owner - they bought the domain name for US$400,000 in only July 2007.

And iran.com was the 24th highest price paid for a domain name in 2007, of the publicly reported sales anyway, according to domainblog.co.uk and Domain Name Journal.

The reserve has been met and the auction has attracted one bidder to date. Currently iran.com, from where I am now in Germany, displays sex and lifestyle related advertising!

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