Definition of hammer price in English:

hammer price

Syllabification: ham·mer price

noun

The price realized by an item sold at auction.
More example sentences
  • None of the yearlings sold during the third Internet auction brought more than their initial hammer price during the live auction.
  • However, most art is traded in a rather limited marketplace, and at any one auction there are likely to be as many lots that fail to attract buyers as lots where the hammer price is above the indicated price range of the house.
  • In total, 5 Piccininis which the artist sold for less than $15,000 in total changed hands for a combined hammer price of $137, 800.

Definition of hammer price in:

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Word of the day retroflex
Pronunciation: ˈrɛtrə(ʊ)flɛks
adjective
turned backwards