hammer price

noun

Definition of hammer price

: the price at which an item is sold at auction

Examples of hammer price in a Sentence

Recent Examples on the Web Christie’s conducted the auction at no charge and with no buyer’s premium added to the hammer price. Carol Besler, Robb Report, 8 Nov. 2021 The hammer price at the Drouot auction house, before commission and other costs, was 5.5 million euros. NBC News, 21 Oct. 2021 The 32 top designer outfits featured in the evening’s fashion show were also auctioned off gaining a hammer price of 225,000 euros ($265,621). Louise Dixon, ajc, 17 July 2021 The hammer price of £47,000 (about $65,000) surpassed pre-auction projections of £30,000 to £40,000. Phil Boucher, PEOPLE.com, 13 July 2021 The hammer price easily beats the $10 million the previous record holder, the 1794 Flowing Hair silver dollar, sold for back in 2013. Bryan Hood, Robb Report, 9 June 2021 There’s a 10 percent buyers premium for bikes with a reserve, plus any applicable sales taxes, and other fees, so figure adding an additional 15 percent over the hammer price. Joe Michaud, San Diego Union-Tribune, 30 May 2021 While BH Auction is yet to share details regarding the sale or give an estimate for the rare ride, collectors should be prepared for both a bidding war and sky-high hammer price. Rachel Cormack, Robb Report, 14 May 2021 The First 5000 Days, a digital piece by the artist Beeple, climbed to a final hammer price north of $69 million. Matthew Schneier, Vulture, 15 Apr. 2021

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'hammer price.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of hammer price

1900, in the meaning defined above

History and Etymology for hammer price

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

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Time Traveler for hammer price

Time Traveler

The first known use of hammer price was in 1900

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Dictionary Entries Near hammer price

hammer post

hammer price

hammer rail

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Statistics for hammer price

Last Updated

13 Nov 2021

Cite this Entry

“Hammer price.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/hammer%20price. Accessed 6 Dec. 2021.

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