3min chapter

The Powers That Be: Daily cover image

Sotheby's $105M Night

The Powers That Be: Daily

CHAPTER

Exploring the Concept of Hammer Ratio in the Art World

Exploring how the hammer ratio impacts estimates and final selling prices of art pieces at auctions, and its relevance in assessing the art market's health. The chapter concludes with a proposal to extend the hammer ratio concept to presidential polling.

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