Computer aided calculation, appraisal and valuation of works of

Details Computer aided calculation, appraisal and valuation of works of Computer aided calculation, appraisal and valuation of works of

1995-12-20

1999-06-08

Hudspeth, David R.

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

705 10, 705 20, 705 29, 705 27, G06F 1700, G06F 1760

Patent

active

059111313

ABSTRACT:
A computer aided method for calculating, valuating and appraising the value of artworks. The basic steps of the appraisal method include providing an appraisal structure of a multiplicity of "value-affecting" factors, where each factor is further divided into a plurality of levels each assigned a relative percentage rate, establishing a database of all known artworks of all known artists, including each artist's personal information, prior sales information and individual circumstances that also affect the prices of the artist's artworks, creating an imaginary "normal" artwork by each artist which has a "normal" price and a "normal" point corresponding to each value-affecting factor, obtaining the information of a "target" artwork to be appraised, and calculating the appraised price of the "target" artwork based on the information of the target artwork and the "normal" price and "normal" points of the same artist's "normal" artwork.

REFERENCES:
patent: 4191472 (1980-03-01), Mason
patent: 4464122 (1984-08-01), Fuller et al.
patent: 5083270 (1992-01-01), Gross et al.
patent: 5224176 (1993-06-01), Crain
patent: 5307260 (1994-04-01), Watanabe et al.
patent: 5365425 (1994-11-01), Torma et al.
patent: 5383129 (1995-01-01), Farrell
patent: 5493677 (1996-02-01), Balogh et al.
patent: 5504674 (1996-04-01), Chen et al.
patent: 5546564 (1996-08-01), Horie
patent: 5570292 (1996-10-01), Abraham et al.
patent: 5625776 (1997-04-01), Johnson
patent: 5664111 (1997-09-01), Nahan et al.
Taking the Risk Out of Fire Risk Underwriting, Feb. 1989 AIWEEK.

Affiliated with

Also associated with

Rating

Computer aided calculation, appraisal and valuation of works of does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Computer aided calculation, appraisal and valuation of works of , we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Computer aided calculation, appraisal and valuation of works of will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFUS-PAI-O-1688759