The Domain Madness 2 Premium Domain Auction started on March 16th and runs through March 23rd. They have a nice selection of domains overall and even more importantly some quality product domain names. I picked out a few domains below with their starting bids, you can also view the entire auction inventory here.

Balloon.com – 250,000.00 USD
CameraPrinters.com – 2,000.00 USD
CarDoors.com – 3,500.00 USD
CellBatteries.com – 3,000.00 USD
FootballUniforms.com – 2,500.00 USD
GymnasticsShoes.com – 1.00 USD
Magnolias.com – 10,000.00 USD
MassagingRecliners.com – 1.00 USD
VoipPhones.com – 12,000.00 USD

Here is another example that there are still plenty of opportunities to make money with newly hand registered domain names. The domain name TabletsForSale.com was listed in the Moniker Low & No Reserve auction at Domainfest with a reserve range of $1K- $2,500, and ended up selling  for $1,200. The domain name is only 23 days old being hand registered on January 03, 2010. Talk about huge ROI, the owner turned $10 into $1,200 in under a month by paying attention to current trends,  new products coming out (Apple is supposedly releasing a new tablet style computer today) and knowing what types of domains buyers are interested in purchasing. Congrats to both the buyer and seller.

As blogged about earlier this month Rick Latona’s live auction starts today at 4:30pm EST – 7:00pm EST. Online bidding takes place via Proxybid the entire auction inventory can be viewed there as well. This should be an exciting auction as there are some very good product domains up for auction.