Reglikedomain industry desk

Cognac.com sells for $140,000

Cognac.com changes hands again in $140,000 sale.

Dallas firm Weblabcenter has sold Cognac.com for $140,000, Reglike has learned.

Weblabcenter bought the domain name in a Sedo GreatDomains auction in 2008 for $88,000. That’s nearly a 60% return in regarding four years.

Nhatvi Nguyen of Weblabcenter told me that the firm started a blog on the domain name following 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.

Also on the wire

Other reporting from the domain desk.