Sentences with phrase «final hammer price»

Several clients chased the work from its starting bid of $ 100 million, trading at least 30 bids in increments of $ 1 million until it reached its final hammer price of $ 161 million, reported Christie's.

The top lot was Will Cotton's Taffy Forest, which went for a final hammer price of $ 272,500, setting an auction record for Mr. Cotton.

The third party will be remunerated in exchange for accepting this risk based on a fixed fee if the third party is the successful bidder or on the final hammer price in the event that the third party is not the successful bidder.

Not exact matches

During the sale the mid-century masterpiece confidently reached the $ 25 million mark, held a well - timed pause and calmly sailed to its final price of $ 26.5 million (hammer price with commissions — $ 29,762,500).

A hammer price, by contrast, is so final and definitive.»

(Final prices include Sotheby's and Christie's commissions: 20 percent of the first $ 200,000 of the hammer price and 12 percent of the rest.

A special catalogue — with a text by Paul Farmer, co-founder of Partners In Health — has been produced together with Christie's, who has generously waived all fees and commissions for the Artists for Haiti auction, ensuring that the hammer price for each lot will be the final price for each buyer.

The difference between average hammer price and median was -71.4 percent, which means that many more lots were sold bellow this auction's average price than above it, but those several lots that scored big, molded this final average hammer price.