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 Barrett-Jackson’s hammer price beat the record by $340,000. Josh Max, Forbes, 14 Oct. 2024 The jersey, on sale with Graham Budd Auctions last week, remains in Anderson’s possession after failing to reach its reserve price of around $40,000 (£30,000), but the whole collection reached a hammer price of roughly $180,000 (£135,335). George Ramsay, CNN, 7 Oct. 2024 The top hammer price was achieved by a work by Kawara, whose May 7, 1967 fetched roughly $878,000, the most ever commanded by one of the Japanese conceptual artist’s date paintings, according to the auction house. News Desk, Artforum, 7 Oct. 2024 Despite these accolades, her 2016 painting Simper II, feature a lone bulbous figure, sold for below its hammer price at $27,900. Angelica Villa, ARTnews.com, 4 Oct. 2024 See all Example Sentences for hammer price 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'hammer price.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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

Dictionary Entries Near hammer price

Cite this Entry

“Hammer price.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/hammer%20price. Accessed 31 Oct. 2024.

Last Updated: - Updated example sentences
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