Larry from DirectNavigation.com is currently covering the live auction of Toys.com.
Famous domainer, Frank Schilling, dropped out after the bids rose to 2.9 Million.
This seems to be a battle between 2 giants, Toys R Us and National A-1 . Current bid (at time of writing) has reached 4.9 Million . (I think we’re reaching the peak 5Million, my estimate)
National A-1 seems to be using a precise tactic, of raising Toys R Us bid by 5K everytime…
That’s a great psychological game. ToysR Us now knows whatever bid they place, National A1 will raise it by 5K.
they’re determined and showing it!
and so far, I see National A1 winning this.. psychologically.. they are .. so far (I see frustration and hesitation, when someone raise their own bid!)
.. or maybe Toys R us have not yet played their trump yet…
(after auction update: seems that National A1 had their limit at 5 Million -great match! they indeed gave Toys R Us a good run for their money!)
toyrsrus bids $ 5,100,000 – bidding finishes..
National A-1 bids $ 5,000,000
National a-1 asks for 10 minute break
toyrsrus bids $ 4,915,000
National A-1 bids $ 4820,000
toyrsrus bids $ 4,815,000
National A-1 bids $ 4,530,000
toyrsrus bids $ 4,525,000
National A-1 bids $ 4,505,000
toyrsrus bids $ 4,500,000. they raised their own bid
break…
toyrsrus bids $ 4,300,000
national A-1 bids $ 4,155,000
toyrsrus bids $ 4,150,000
5 minute break announced
national A-1 bids $3,755,000
toyrsrus bids $3,750,000
national A-1 bids $3,555,000
toyrsrus bids $3,550,000
national A-1 bids $3,305,000
toyrsrus bids $3,300,000
Special thanks to Larry from DirectNavigation.com
Toys R Us owns toys.co.uk and etoys.com as of last week so they needed this one badly and were prepared to pay a lot more than national a1
We should have more of these bankruptcy auctions out in the open.. Maybe at bido?
LOL 🙂
yes!
In any case that can only be morale boosting for the industry. Much needed at the moment!
I’m well chuffed by the price it sold for.
best,
Ritz
Just passing by.Btw, you website have great content!
______________________________
Don’t pay for your electricity any longer…
Instead, the power company will pay YOU!