.org Project 94 combined results: 50 domains sold for $143,661, not a single 1 character .org sold

In a terrible PR move PIR, the .org registry, managed to not sell a single 1 character .org domain from the 31 domains that were auctioned off in the 2 auctions run by Namejet/Enom and Go Daddy. In total 50 2 character .org domain names were sold for $143,661. None of the 31 1 character .org domains were sold because the reserve prices were not met. PIR could have easily earned close to 1 million if there were no reserve prices. Namejet alone had $327,142 of bids that were not realized because the reserve was not reached. And of course a lot of bidders get frustrated and stop bidding when they end up bidding against a reserve. Go Daddy could have had more than that as it had some very good quality letters.

Of course the prices would have been higher if end users were involved which in this case it’s obvious they weren’t. The prices below are reseller prices.

Go Daddy had a 50k USD reserve price on all 1 character .org domains. Namejet got a 60K USD bid on u.org but the reserve was not met. Were the reserve prices chosen by PIR? I would guess so.

Namejet didn’t help much either as it run a competing auction event at the same time the Project 94 auctions were running with several 3 letter .org domains and a few 2 letter .org domains. Some of the top prices were:
md.org $555,650
tx.org $19,100 Reserve Not Met
fl.org $15,333 Reserve Not Met

Go Daddy auctioned off 42 1 and 2 character .org domain names. 27 of 42 domains sold for a total of $88,642. The average sales price for the 27 domains was $3,283.

Namejet/Enom auctioned off 39 1 and 2 character .org domain names. 23 of 39 domains sold for a total of $55,019. The average sales price for the 23 domains was $2,392.