hammer price
noun
: the price at which an item is sold at auction
Example Sentences
Recent Examples on the Web Some auction companies, but not the IRS, require the bidder to pay closing costs such as escrow fees, back taxes and broker commissions or a buyer’s premium, which is a percentage of the hammer price. 
oregonlive, 3 Aug. 2022 The final hammer price could be even more, too, considering one pair of Virgil Abloh’s Louis Vuitton Air Force Ones recently sold for a record $25.3 million at auction. Rachel Cormack, Robb Report, 21 Mar. 2022 There’s a very real belief among collectors that the hammer price could surpass the current record of $6.6 million. Bryan Hood, Robb Report, 7 June 2022 Barrett-Jackson didn’t list an estimated hammer price, but a regular GS-6 will set you back in the ballpark of $100,000. Rachel Cormack, Robb Report, 28 Jan. 2022 The painting sold for a hammer price of $170 million. Reuters, NBC News, 10 May 2022 The 1964 work — a 40-square-inch acrylic and silk screen on linen — sold at Christie’s in New York for $195 million (hammer price plus buyer’s premium), the auction house reported. Los Angeles Times, 9 May 2022 That hefty hammer price is due to the singular nature of this particular jersey. Rachel Cormack, Robb Report, 2 Jan. 2022 An example is the tale of a 1968 Omega Speedmaster, which was sold at auction in December for a hammer price of $667,800—60 times the estimate. Kate Murphy, WSJ, 13 Feb. 2022 See More
oregonlive, 3 Aug. 2022 The final hammer price could be even more, too, considering one pair of Virgil Abloh’s Louis Vuitton Air Force Ones recently sold for a record $25.3 million at auction. Rachel Cormack, Robb Report, 21 Mar. 2022 There’s a very real belief among collectors that the hammer price could surpass the current record of $6.6 million. Bryan Hood, Robb Report, 7 June 2022 Barrett-Jackson didn’t list an estimated hammer price, but a regular GS-6 will set you back in the ballpark of $100,000. Rachel Cormack, Robb Report, 28 Jan. 2022 The painting sold for a hammer price of $170 million. Reuters, NBC News, 10 May 2022 The 1964 work — a 40-square-inch acrylic and silk screen on linen — sold at Christie’s in New York for $195 million (hammer price plus buyer’s premium), the auction house reported. Los Angeles Times, 9 May 2022 That hefty hammer price is due to the singular nature of this particular jersey. Rachel Cormack, Robb Report, 2 Jan. 2022 An example is the tale of a 1968 Omega Speedmaster, which was sold at auction in December for a hammer price of $667,800—60 times the estimate. Kate Murphy, WSJ, 13 Feb. 2022 See More 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