hammer price

noun

: the price at which an item is sold at auction

Examples of hammer price in a Sentence

Recent Examples on the Web
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When all was said and done, the final hammer price was more than double the upper end of the $3,000-$5,000 estimate, raising over $50,000 for Native Son from just five bottles of bourbon. Chris Perugini, Forbes.com, 19 Aug. 2025 Similarly, Across the Place (2023) by Japanese painter Yu Nishimura, who recently joined the roster at David Zwirner gallery, jumped to a $320,000 hammer price, or $406,000 with fees. Robb Report, 18 May 2025 The high-quality brand has had a reputation for commanding record hammer prices at auction for decades. David Moin, WWD, 10 Mar. 2025 But almost 50 lots went unsold, and total hammer prices ended up adding up to just over $5 million. Angelica Villa, ARTnews.com, 4 Oct. 2024 See All Example Sentences for hammer price

Word History

Etymology

from the hammer used by the auctioneer to signal the auction's end

First Known Use

1900, in the meaning defined above

Time Traveler
The first known use of hammer price was in 1900

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Cite this Entry

“Hammer price.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/hammer%20price. Accessed 10 Sep. 2025.

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