Buying, value and markets
Hammer price
The final bid when the hammer falls at auction, excluding the buyer’s premium. The seller’s net proceeds may be lower because of the seller’s commission and other contractual costs.
Accepted international termStable3 chapters
TERM USAGE
How this term is used on the platform
- Editorial note
- Definitions differ among auction houses; always check the specific house’s conditions of sale.
FORM IN THE CROATIAN EDITION
How the Croatian edition writes this term
- Level
- International term in italics
- Form
- hammer price
RELATED TERMS
Terminology network
FULL CONTEXT
Related chapters of The Book
TERMINOLOGY BASIS
Sources and authorities
The records below form the terminology basis for this entry or its category. This does not mean that every source defines every word on this page. The canonical manuscript remains the primary contextual source, while each external standard, laboratory policy, or regulatory guideline applies only within its own scope.
House of KacinariDiamonds: The Book
Primary internal terminology and context source across 105 chapters.