Method and kit for conducting an auction

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United States of America Patent

PATENT NO 5803500
SERIAL NO

08825250

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ATTORNEY / AGENT: (SPONSORED)

Importance

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Abstract

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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.

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Patent Owner(s)

Patent OwnerAddress
THE GAVEL GROUP INC26439 RANCHO PARKWAY S LAKE FOREST CA 92630-8344

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Mossberg, Bjorn E F 4075 Aberdeen Way, Houston, TX 77025-2305 1 293

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