Automated lotting

A method for creating a lot having a plurality of items to be auctioned in an electronic auction based on common attributes of the items, comprising:

• providing an electronic database having an attribute-based electronically searchable list of a plurality of attributes and a listing of items, including the items to be auctioned, each item in the listing of items having at least one attribute, each attribute being common to a plurality of items in the listing of items;
• identifying at least one attribute of at least one of the items to be auctioned;
• searching the database to compile an identified listing of items, including each item in the identified listing of items having the at least one identified attribute and an index of the total number of items per each identified attribute;
• and
• generating a lot listing from the identified listing of items by:
• grouping attributes with similar characteristics and prices;
• selecting the items in the lost listing having the identified attributes;
• and
• displaying the generated lots in an organized manner.

A system for creating a lot having a plurality of items to be auctioned in an electronic auction based on common attributes of the items, comprising:

• a database for storing a listing of items, including the items to be auctioned;
• and
• software for:
• choosing at least one attribute of at least one of the items to be auctioned;
• searching the database to compile an identified listing of items;
• and
• generating a lot listing from the identified listing of items.

A machine readable medium that creates a lot having a plurality of items to be auctioned in an electronic auction based on common attributes of the items, comprising:

• a first machine readable code that stores a listing of items, including the items to be auctioned;
• a second machine readable code that identifies at least one attribute of at least one of the items to be auctioned;
• a third machine readable code that searches the database to compile an identified listing of items;
• and
• a fourth machine readable code that generates a lot listing from the identified listing of items.