Patent ID: 8195559

Claim:
A system comprising at least one process and a memory that stores a program that when executed enables the processor to perform a method comprising: receiving market information for at least one luxury item, in which the at least one luxury item comprises at least one item that is not required for human survival; after receiving the market information, compiling market information; determining a standard profile for the at least one luxury item based on the compiled market information; determining index information based on the compiled market information and the standard profile, the index information comprising at least one luxury item index, the at least one luxury item index comprising a statistical composite that measures changes in a financial market associated with the at least one luxury item; and outputting a signal that causes a display device to display at least a portion of the index information at a user interface, the at least a portion of the index information comprising historical price information associated with the at least one luxury item, the display device being in electronic communication with the at least one processor; receiving updated market information about the at least one luxury item; updating the index information comprising the at least one luxury item index periodically based on the updated market information, in which the periodically updated at least one luxury item index reflects changes in a market for the luxury item; and outputting a signal that causes a display device to display at least a portion of the updated index information at a user interface, the at least a portion of the index information comprising historical price information associated with the at least one luxury item, the display device being in electronic communication with the at least one processor.