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Auction system, method and apparatus

  • US 20010027433A1
  • Filed: 03/23/2001
  • Published: 10/04/2001
  • Est. Priority Date: 03/30/2000
  • Status: Abandoned Application
First Claim
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1. A method for holding an auction of an article using a client-server system connected through a communication network, comprising the steps of:

  • causing at least one client computer to display a price of the article;

    reducing stepwise the price of the article displayed by the client computer if no bid has been received from the client computer, with the displayed price of the article defined as a first bidding price; and

    causing a server computer to determine a winner at a second bidding price if any bid has been received from the client computer, when the price of the article that has been reduced and displayed by the client computer is defined as the second bidding price.

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