ALEXANDRIA, Va., Aug. 12 -- United States Patent no. 12,387,258, issued on Aug. 12.

"Art market pricing and commission non-transitory machine-readable medium, system, and method for using the same" was invented by William Mazor (Manhattan Beach, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "An art market pricing and commission system for the fine art market is disclosed. The art market pricing and commission system allows artists and collectors to see how others are reacting to particular pieces of artwork in real time. The art market pricing and commission system creates an electronic ledger and official photographic record that authenticates works of art now and into the future. The art market pric...