Method and kit for conducting an auction
OwnerBjorn E. F. Mossberginventor
Life of this patent
Estimating the term…
Abstract
A method and kit for conducting a silent or live auction or some combination thereof. The method includes identifying each potential bidder, auction item, and potential sales prices with a unique identification code that is machine readable using optical or electronic means. The codes are most preferably bar codes that may be read using a standard retail industry scanner. The codes are printed on adhesive labels for use by the bidders in placing bids on auction items. A bid may be placed on an item by affixing the appropriate labels to a bid sheet. Bid sheets may be prepared with item codes and descriptions.
Claims23
A method for conducting an auction comprising the steps of:
- identifying each of a plurality of potential bidders with a unique bidder code, said bidder code having a machine readable representation;
- identifying each of a plurality of different auction items and each group of identical auction items with a unique item code, said item code having a machine readable representation;
- identifying each of a plurality of incremental bid prices with a unique price code, said price code having a machine readable representation;
- recording the sale of each item by recording the item, bidder and price codes defining the sale.
A kit for conducting an auction comprising,
- a bidder code for each of a plurality of potential bidders, said bidder code having a machine readable representation;
- an item code for each of a plurality of auction items and for each group of identical auction items, said item code having a machine readable representation;
- a price code for each of a plurality of incremental bid prices, said price code having a machine readable representation;
- means for recording each sale as defined by the bidder, item and price codes associated with the sale;
- and
- means for preparing an invoice for each successful bidder, the invoice having the sum of the sales associated with the bidder.
Dependencies are inferred from the claim text.