The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Apr. 11, 2023
Filed:
Feb. 17, 2021
Marc William Miller, Port Ewen, NY (US);
Marc William Miller, Port Ewen, NY (US);
Other;
Abstract
Managing an online auction includes maintaining an automatically-decreasing, downward-going purchase price at which prospective buyers of a lot offered for sale can submit an immediate offer, and, concurrent with this, maintaining an upward-going contingent purchase price at which an offer to purchase the lot is to be automatically triggered, contingent on the downward-going purchase price decreasing to the upward-going contingent purchase price. Contingent bid(s) are received and work to increase the upward-going contingent purchase price. Server processing can then be performed based on submission of an immediately-effective offer to purchase the lot at the downward-going purchase price or automatic triggering of an offer to purchase the lot at the upward-going contingent purchase price. Related graphical user interfaces/online auction web interfaces, and presentation thereof, are also provided.