The auction for the two letter domain name Zy.com is now over .ZY.com was sold for $105,999 .
The winning bidder has made a total of 7 bids.His first bid was of $46,000 .
The bid was at $70,500 with 16 hours before the auction closed .
This was a nice deal both for the seller and the buyer .
According to a press release issued when the domain name hit the auction block,this is the first time ZY.com has been up for sale at an auction .
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