Combination Retailing System For Appraising Precious Stones And Metals And Dispensing Gift Cards, Coupons And The Like

Number of patents in Portfolio can not be more than 2000

United States of America Patent

APP PUB NO 20140195377A1
SERIAL NO

14210315

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A computer implemented method for appraising and selling an item includes the step of using a kiosk to physically receive the item from a seller. The method comprises the step of appraising the item by determining a composition of the item using an evaluating device and associating an exchange value with the item using market data obtained over a network. A global positioning device determines a location of the kiosk. The method includes the step of using a legal database to ascertain a set of rules governing the sale of the item in the location. The set of rules comprise a holding requirement dictating that the item be retained for a fixed number of days before it is sold to a buyer. The method also includes the step of selling the item to the buyer at the kiosk in compliance with the set of rules.

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Patent Owner(s)

Patent OwnerAddress
WARD KRAFT INC2401 COOPER STREET FORT SCOTT KS 66701

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Farmer, Ashly Pittsburg, US 2 10
Kraft, Roger E Fort Scott, US 17 296
Russell, William R Pittsburg, US 14 220

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