hammer price

noun

: the price at which an item is sold at auction

Example Sentences

Recent Examples on the Web The pension fund flipped the Codex Sassoon 11 years later for 10 times its hammer price. Ilan Ben Zion, Fortune, 22 Mar. 2023 So your bid of fifty dollars was just shy of the $6.1-million hammer price of the T. rex skull sold at Sotheby’s this December. Francesca Carington, The New Yorker, 20 Feb. 2023 The online auction, which wrapped up on Friday, December 9, garnered a total of 33 bids that pushed the final hammer price to $1.27 million. Rachel Cormack, Robb Report, 13 Dec. 2022 Collectors probably won’t find the final hammer price that surprising, though. Rachel Cormack, Robb Report, 13 Oct. 2022 Among them was the Langlois painting now attributed to van Dyck, which sold for $1.8 million — more than five times its 2012 hammer price. Malcolm Gay, BostonGlobe.com, 8 Oct. 2022 The most expensive diamond ever sold per carat until now was the Oppenheimer Blue diamond, which sold at a hammer price of $51.3 million and came in at 14.62 carats, or $3.5 million per carat, according to Forbes. Orlando Mayorquin, USA TODAY, 7 Oct. 2022 Gwynne will get the lion’s share of $132,000, or what’s called the hammer price. Brian Amaral, BostonGlobe.com, 17 Sep. 2022 The sports car sold for $3.6 million at RM Sotheby’s Monterey Car Week auction this past weekend, with every single dollar of its jaw-dropping hammer price going to charity. Bryan Hood, Robb Report, 23 Aug. 2022 See More

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 May. 2023.

Last Updated: - Updated example sentences
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