Word: hammerism
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Loans to the buyer are made before the auction, and completed after it, at an interest rate that may go as high as 4% over prime. A common amount is 50% of the hammer price -- whatever the work reaches...
...advances money to consignors and/or prospective purchasers, this fact must be conspicuously disclosed in the auctioneer's catalog." But did this mean that Sotheby's put a note in the catalog of its November 1987 sale saying it had given one Alan Bond a loan of half the hammer price, repayment terms to be negotiated, on Irises? Think again...
...approved, the bill will be sent to the Senate, where it will likely undergo further alteration. A conference committee will then hammer out differences between the two versions and return the new bill to the House and Senate for final approval...
...pictures of living history, which means, especially, pictures of human behavior. If he doesn't get a thrill out of that job, if he doesn't wake every morning with excitement and go out with his cameras hanging on him like a gold prospector with his rock hammer in hand, % he's no good. Over the years some photojournalists have said to me, "if they didn't pay me for doing this, I'd do it for them for nothing." I too have felt that way since, more than a half-century ago, as a reporter a few years...
...money much better than his old pay -- 18 West German marks ($9.50) an hour, vs. 5.4 East German marks ($2.85 at the official exchange rate). "The materials, equipment and technology are as different as night and day," says Olaf. "Here you use cranes and power drills. There, muscle, hammer and chisel...