Sentences with phrase «hammer price»

The phrase "hammer price" refers to the final amount of money a buyer pays for an item at an auction. It is the winning bid announced by the auctioneer as they strike the hammer on the auction podium. Full definition
VAT rate of 5 % is payable on hammer price and at 20 % on the buyer's premium.
The total hammer price, which included the buyer premium and all fees came to just north of $ 84 million and thus set a new world auction record for the artist.
Andy Warhol's Marilyn (Reversal) led the way, with hammer price of almost $ 2 million.
Hammer Price with Buyer's Premium: 1,538,500 USD
Christie's «Looking Forward to the Past» sale was also scene to several impressive results for abstract paintings, including the fourth highest hammer price of the quarter for Rothko's No. 36 (Black Stripe), which sold for $ 40,485,000, and Jean Dubuffet's Paris Polka, which fetched $ 24,805,000.
Average hammer price of the auction has settled at $ 21,088, while median hammer was at $ 12,871.
On the bottom side are Ovidiu Maitec's Portes with -89.3 percent difference between hammer price and low estimate, followed by Leonor Fini's Personnage (with -62.2 percent), Jiri Georg Dokoupil's Sans Titre (with -60 percent) and Dennis Oppenheim's Newton Discovering Gravity (with -50.2 percent).
Jasper Johns» Flag, 1983 (pictured) achieved an astonishing $ 32 million hammer price at Sotheby's in New York in 2014 ($ 36 million with premium), causing spontaneous applause to breakout out during the auction.
Then don't think for a minute the likes of Steam will won't hammer them prices up because they will.
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.
On Friday, Ford and the McQueen estate donated VIN 001 of the limited - edition Mustang BULLITT (Lot # 3006), with 100 percent of the $ 300,000 hammer price benefiting Boys Republic.
The new Range Rover Sport has hit the auction block at a BCA sale for the first time this week, with high hammer prices over CAP values.
All nineteen works from the collection selected for the Evening Sale found buyers, with many reaching hammer prices well above estimate.
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.
After the last paddle - holders snuggled into their seats, the auction began with a run of work by artists rare to auction, like Adam Pendleton and Philippe Parreno, who scored hammer prices well beyond their high estimates, notching auction records as well.
That evening, a David Park oil, «Standing Male Nude in a Shower,» brought the impressive hammer price of $ 1,160,000.
As a result, Christie's Impressionist and Modern Evening sale doubled the level of last year's sale making a solid $ 298.2 m total that was well within the estimate range on hammer price terms.
Although not as shocking or provoking as Red But Close - Up, Red But (Distance) did achieve a significant hammer price of $ 330,000, selling for 65 % over the high estimate at Sotheby's auction house in New York in 2000.
When Bruce High Quality Foundation's Retrospective mocked art commerce last Spring, a «red - hot market» was fueling galleries and museums and sending hammer prices soaring at Sotheby's.
Total of $ 54,571,000 was netted, which means that the average hammer price for a lot was $ 313,626.
Dernières Oeuvres De Matisse that were sold with +299.6 percent and +269.9 percent difference between hammer price and high estimate.
This sale also saw a number of other high hammer prices for abstract art, including: Franz Kline's Steeplechase, which fetched $ 21,445,000; Robert Ryman's Bridge, which fetched $ 20,605,000 (the second highest result of the quarter for a living abstract artist); and Robert Rauschenberg's Johanson's Painting, which fetched $ 18,645,000.
Christie's guarantee of a minimum price for this lot has been fully financed through third parties VAT rate of 5 % is payable on hammer price and at 20 % on the buyer's premium.
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.
No doubt, with dozens of digital artworks reaching hammer prices in the thousands and tens of thousands of dollars, this was an important event and I predict it's one for the history books.
The market - based solution should hammer prices, and solve what really matters — the overall surge in health costs that no government can afford in the long - run, and end a system where big subsidies that discourage shopping and encourage over-consumption, are the driver, not the solution.
Since the diamond could be cut to 400 carats, the hammer price does not include whatever the buyer would have to pay to have the stone cut, should he or she decide to do so.
Whoever buys the Lesedi La Rona, which means «our light» in Setswana, will pay Sotheby's buyer's premium, or a 12 % fee, on the hammer price for anything over the first $ 3 million, and a higher percentage of the first $ 3 million.
100 % of the hammer price of this special Corvette will benefit the American Heart Association, marking the start of Barrett - Jackson's yearlong «Driven Hearts» charitable initiative for the AHA.
100 % of hammer price to benefit Jordan Vocational High School.
Should your entry sell at auction, we will charge our standard seller's commission based on the hammer price your entry has achieved.
100 % of hammer price to benefit TGen Foundation.
100 % of hammer price to benefit Building for America's Bravest through The Stephen Siller Tunnel to Towers Foundation.
100 % of hammer price to benefit the American Heart Association.
100 % of hammer price to benefit Childhelp through the SEMA Cares Foundation.
100 % of the hammer price benefiting Boys Republic.
100 % of hammer price to benefit The Mayshad Foundation.
100 % of hammer price to benefit the Autism Society of North Carolina's IGNITE program.
For Motor Cars and Motorcycles a 15 % Buyer's Premium is payable on the first # 50,000 of the final Hammer Price of each Lot, and 12 % on any amount by which the Hammer Price exceeds # 50,000.
100 % of hammer price to benefit The George W. Bush Presidential Center's Military Service Initiative.
100 % of hammer price to benefit The National Medal of Honor Museum Foundation, The Royal Canadian Legion, and Our Nation's Heroes Foundation.
** 100 % OF HAMMER PRICE TO BENEFIT THE AMERICAN HEART ASSOCIATION ** ** WILL BE SOLD AT APPROXIMATELY 5:30 P.M. MST ON SATURDAY, JANUARY 20, 2018 **
Buyer's Premium Rates 25 % on the first $ 250,000 of the Hammer Price 20 % from $ 250,001 to $ 4,000,000 of the Hammer Price 12.5 % on the excess over $ 4,000,001 of the Hammer Price
** 100 PERCENT OF HAMMER PRICE TO BENEFIT THE CARROLL SHELBY FOUNDATION ** ** WILL BE SOLD AT APPROXIMATELY 5:30 P.M.. ON FRIDAY, JUNE 24, 2016 **
** 100 % OF HAMMER PRICE TO BENEFIT THE AUTISM SOCIETY OF NORTH CAROLINA»S IGNITE PROGRAM ** ** WILL BE SOLD AT APPROXIMATELY 8:30 P.M. MST ON SATURDAY, JANUARY 20, 2018 **
100 % of hammer price to benefit Camp Southern Ground.
No estimates on the hammer price have been offered, but the first SRT Hellcat brought $ 1.65 million for charity in 2014.
This example's hammer price wasn't made available at the time of writing, but we suspect it went for well above the Vanquish Volante's base price just under $ 300,000.
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