What do you think a single letter .com is worth?

1. $1 to $9 Million

   188 vote(s)
   37.2%
2. *

   $10 to $49 Million

   183 vote(s)
   36.2%
3. $50 to $99 Million

   59 vote(s)
   11.7%
4. $100 to $199 Million

   27 vote(s)
   5.3%
5. $200 to $499 Million

   15 vote(s)
   3.0%
6. Over $500 Million

   34 vote(s)
   6.7%

I am in the $10 to $49 million camp for this vote. If I had to pick an average closing price in an ICANN auction where every name closed the same day, I would say $25 million.

Back in 2005 ICANN first considered making these names available, they then decided it against it. Then in 2007 they asked the community for ideas on how to release 1 character domains.

Here is an interesting article from back then, Matt Bentley who was CEO at the time of Sedo, said the following:

Matt Bentley, chief executive of domain name broker Sedo.com LLC, said single-letter “.com” names could fetch six-figure sums, and a few might even command more than $1 million from some of the Internet’s biggest companies. Yahoo Inc. applied for a trademark to “y.com” this year.

“Obviously there’s nothing more exquisite than names that are in extremely rare supply like that,” Bentley said. “They would have a lot of cachet as a brand name. I could see there would be tons of demand.”

In 2005 several corporations sent letters to ICANN to explain why they thought they were entitled to a certain letter.

David Filo one of the founders wrote ICANN to explain why Yahoo should get Y.com. You can read it here

U Magazine changed their name to U.com and filed a trademark, they sent ICANN a letter saying why they should get U.com.

The TM was cancelled last year.