Bond.com domain name up for auction at $1m

If you have ever fancied having a piece of James Bond-style action, now is your chance - the web domain name Bond.com has been put up for sale, reports SkyNews.

There is only one catch - domain name auction house Sedo has slapped a reserve price of one million dollars (£505,000) on it.

The auction will conclude next Thursday.

There is big money to be made from selling a domain name which may be wanted by somebody else, but the days of buying a popular name on the cheap and then selling it on appear to be over.

Instead, companies such as Sedo operate to buy and sell domain names and to try to find a good price when an attractive name comes back onto the market.

If Bond.com reaches its reserve price, it will be catapulted into Sedo's top 10 list.

The biggest sale it has registered is $3m (£1.5m) for Vodka.com, while Pizza.com fetched $2.6m (£1.3m).

In the whole history of the internet, the biggest ever seller is sex.com, which went for a a reported $12m (£6.m) in 2006.

The biggest seller in 2007 was porn.com, which went for $9.5m (£4.8m).

Thanks to `Matthew` for the alert.

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