Strong National Sale concludes

Strong National Sale concludes
The 2013 Emperors Palace National Yearling Sale concluded on Sunday evening with increases in aggregate, average and median price.
The sale, which showcased a tremendously strong middle market, ended with an aggregate of R122 468 000 – an increase of over 40% on last year’s aggregate of R84 730 000.

The average also showed a healthy rise from R234 061 to R297 976, and while lots not sold rose – it was by just a single yearling (from 45 in 2012 to 46 this year).

Leading vendors at the sale, by aggregate, were Varsfontein Stud. The stud’s 24 lots to sell cleared R8 540 000 – for an average of R355 833. Varsfontein’s top priced lot was lot 185, a Jet Master colt which was knocked down to Pat Shaw for R800 000.

Top vendor by average, 3 or more sold, were Klipdrif Stud. The farm sold three yearlings for R3 770 000 – at an average of R1 256 000.

Form Bloodstock topped the buyers list, purchasing 18 yearlings for a gross total of R11 125 000. Form’s buys included the sales’ second top priced lot – a Jet Master colt, consigned by Klipdrift, which was knocked down for R3 400 000.

The late, great Jet Master, whose final crop went through the ring this year, was the sale’s top sire by aggregate and average. His 24 yearlings to sell fetched R16 140 000 – with an average of R672 500. Jet Master was responsible for two of the top ten priced lots sold.

The sales topper was lot 263, a Dynasty colt consigned by Drakenstein Stud. Knocked down for R3 600 000 on day one, the colt was purchased by Mayfair Speculators. Named Trees of Green, he is out of Gr1 SA Fillies Sprint winner Wonderful World.

Top priced filly was an Australian bred daughter of Encosta de Lago. Catalogued as lot 330, the Summerhill Stud consigned miss was knocked down to Wilgerbosdrift for R1 600 000. Out of a Danehill mare, the as yet unnamed filly is from a cracking international family, whose members include Gr1 winners Imperial Beauty, Jan Vermeer and Together.

 

The TBA’s CEO, Tom Callaghan, was, understandably, delighted with the outcome of the sale. He commented afterwards, “The aggregate was up an incredible 44% – although we did sell 49 more horses than last year. I was especially pleased to see that the median reached R200 000 – an increase of 33%. The overall strong middle market is very much in line with international results, and we were delighted to welcome some of the industry’s true icons to the sale.”

A full list of prices and statistics are available online at www.tba.co.za

The TBA are also pleased to announce that vendors will be able to view their passed through lots on the website’s home page.

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