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hammer price

British  

noun

  1. the price offered as the winning bid in a public auction

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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The final fee includes the administration costs on top of the hammer price paid to the auction house by the buyer, known as a "buyer's premium".

From BBC Jul. 17, 2023

The pension fund flipped the Codex Sassoon 11 years later for 10 times its hammer price.

From Seattle Times Mar. 22, 2023

The hammer price at the Drouot auction house, before commission and other costs, was 5.5 million euros.

From Reuters Oct. 21, 2021

"I am happy and surprised by the great hammer price achieved for the cassette tape," said Højen, in a statement.

From Fox News Oct. 4, 2021

Sotheby’s said it was accepting payment in cryptocurrency for both the hammer price and its buyer fee.

From New York Times Jun. 30, 2021

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