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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

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The book was sold to a private U.K. buyer on Wednesday for a hammer price of 11,000 pounds and a total of 14,432 pounds including a sales premium.

From Seattle Times • Feb. 26, 2024

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 hammer price was 6.2 million Swiss francs, but with commission the final price was 7.46 million Swiss francs, Christie's spokesperson Alexandra Kindermann said.

From Reuters • Nov. 9, 2021

Though it had an expected hammer price of 10,000 euros, it ended up selling for €95,000.

From New York Times • Nov. 1, 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

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