After benefiting from explosive growth in 2012, JMBullion.com rang in the new year with a new, premier domain, Silver.com. Negotiations for the sale of the private domain took only 1 week, and the purchase was finalized on December 27, 2012 for $875,000.
The purchase of Silver.com will go down as the third-largest, publicly announced domain sale of 2012. JMBullion.com was able to acquire this prestigious domain because of its monumental growth in 2012, as well as the skyrocketing popularity of precious metals as a whole.
JMBullion.com was established as a small online precious metal retailer in 2011, but quickly grew and now projects nine-figure sales for 2013. The company plans to operate the two websites as independent brands, and will continue its tradition of quality customer service, vast product selections, and aggressive pricing at Silver.com.
“We are thrilled to announce our acquisition of Silver.com. Since our company’s inception in late 2011, we have been fortunate to benefit from tremendous growth, putting us in position to make this purchase,” said Mike Wittmeyer, CEO of JMBullion.com. “Over the next few months, we will be developing Silver.com as a parallel brand to JM Bullion, offering Silver.com clients the same outstanding customer service, pricing, and delivery times that JM Bullion clients currently enjoy.”
With a premier domain to match their premier service, Silver.com is sure to become one of the top online destinations for precious metal buyers. JMBullion.com is thrilled to have Silver.com and to continue to develop the easiest, most enjoyable precious metals shopping experience around.