Methods and systems for searching for goods in a virtual marketplace
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United States of America Patent
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Jan 8, 2013
Grant Date -
Mar 31, 2011
app pub date -
Sep 24, 2010
filing date -
Apr 26, 1995
priority date (Note) -
In Force
status (Latency Note)
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Abstract
A method and apparatus for creating a computerized market for used and collectible goods by use of a plurality of low cost posting terminals and a market maker computer in a legal framework that establishes a bailee relationship and consignment contract with a purchaser of a good at the market maker computer that allows the purchaser to change the price of the good once the purchaser has purchased the good thereby to allow the purchaser to speculate on the price of collectibles in an electronic market for used goods while assuring the safe and trusted physical possession of a good with a vetted bailee.
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