Spectacular South Island Sale Results
15 April 2016
Record-breaking results were the order of the day at the 2016 edition of New Zealand Bloodstock’s South Island Sale proving demand for the Southern product is stronger than ever.
Dramatic increases across the key measures saw clearance skyrocket to 92% this year while the all-important median increased 150% to $15,000 from $6,000 last year. A 121% increase in the aggregate saw total receipts of $1,447,100 taken for the 83 horses that found new homes, leading to an average of $17,435 (up from $10,401 last year).
New Zealand Bloodstock Managing Director Andrew Seabrook was thrilled with the results.
“For any sale to double its turnover and see the average, median and clearance rate increase by such large margins is spectacular.
“The future of this Sale has now well and truly been cemented and to see international buyers such as the China Horse Club, John Foote, Darren Dance, Liam Birchley, Eion Sullivan, Stephen Chow, among others, shows that there is still strong demand for the Southern product.
“With the support of the South Island breeders and vendors, we will look to grow this Sale even further next year,” said Seabrook.
The price highlight came at Lot 76 with White Robe Lodge’s strapping son of resident sire, Raise the Flag, attracting feverish bidding to eventually be knocked down to Kevin Myers for $52,500.
The result added to White Robe’s standing as the leading vendor by aggregate at the sale and according to Wayne Stewart the colt is typical of the type of horse they aim to bring to the Southern showpiece.
“We made sure we had a draft that boasted quality stock from winning mares and good families.
“We didn’t do anything different in terms of the preparation of our horses however we saved our whole yearling crop for this sale and I believe this gave the buyers confidence that we came to this sale with our best horses.
“The timing and new venue also made for a pleasant selling experience for everyone,” commented Stewart.
Leading buyer by aggregate, Michael Wallace for China Horse Club, found plenty of opportunity to fill his order.
“We came to secure the type of sound Southern horses that the region is renowned for producing and found good quality and value on offer.”
Malaysian based agent Eion Sullivan was the second leading buyer and returned hopeful of more success.
“Last year we purchased three yearlings to grow out in New Zealand and then race in Singapore. Those purchases have turned out to be great investments and we aim to do the same with this year’s purchases.
“Although I’m not usually a yearling buyer there are nice, affordable horses to be found here,” said Sullivan.
Having celebrated their exciting young sire Zacinto’s first winner this week after Ugo Foscolo’s impressive debut victory, Inglewood Stud’s good fortune continued with their resident son of Dansili. Zacinto was the leading sire with five selling for an average of $23,600 with the farm also topping the leading vendor by average table.
All yearlings purchased at the South Island Sale are eligible to be nominated for NZB’s enhanced Karaka Million Series with entries closing at 5pm on Monday 16 May.
2016 South Island Sale Statistics
| 2016 | 2015 |
AGGREGATE | $1,447,100 | $655,250 |
AVERAGE | $17,435 | $10,401 |
MEDIAN | $15,000 | $6,000 |
CLEARANCE | 92% | 64% |
CATALOGUED | 98 | 108 |
SOLD | 83 | 63 |
TOP LOT | Lot 76 Raise the Flag x Legal Note $52,500 | Lot 50 Per Incanto x Silver Cent $82,500 |
Top Lots
Lot | Type | Breeding | Vendor | Buyer | Price |
76 | B.C | Raise the Flag / Legal Note | White Robe Lodge | Mr KT Myers | $52,500 |
80 | B.C | Showcasing / Macavity | Inglewood Stud | Ascot Farm | $43,000 |
13 | B.F | Pentire / Ravenna | C. P. Wilson & B. A. Sheat Partnership | Mr E Sullivan | $40,000 |
79 | Ch.C | Gallant Guru / Lurk | White Robe Lodge | Mr M Pitman | $40,000 |
73 | B.C | Cape Blanco / Just Polite | Pear Tree Farm Agistment | Mr E Sullivan | $37,000 |
3 | B.C | Raise the Flag / Perceptible | White Robe Lodge | Australian Thoroughbred B/Stock/Waterford B/Stock | $36,000 |
62 | B.F | Gallant Guru / Emerald Fire | White Robe Lodge | Mr J Foote/Mr D Weir | $36,000 |
65 | BL.F | Highly Recommended / Enthusabelle | Berkley Stud | Mr M Pitman | $35,000 |
5 | B.C | Bachelor Duke / Pinaz | Three Valleys | John Foote Bloodstock | $34,000 |
81 | BR.C | Charge Forward / Mantova | Willow Glen | China Horse Club Racing | $34,000 |
Leading Purchasers by Aggregate
Purchaser | Bought | Aggregate | Average | Top Price | Top Lot |
China Horse Club Racing | 21 | $324,000 | $15,429 | $34,000 | Lot 81 Charge Forward x Mantova $34,000 |
Mr E Sullivan | 5 | $161,500 | $32,300 | $40,000 | Lot 13 Pentire x Ravenna $40,000 |
Mr M Pitman | 4 | $120,000 | $30,000 | $40,000 | Lot 79 Gallant Guru x Lurk $40,000 |
Mr J Foote/Mr D Weir | 3 | $100,500 | $33,500 | $36,000 | Lot 62 Gallant Guru x Emerald Fire $36,000 |
Ascot Farm | 3 | $80,000 | $26,667 | $43,000 | Lot 80 Showcasing x Macavity $43,000 |
Mr KT Myers | 3 | $65,000 | $21,667 | $52,500 | Lot 76 Raise the Flag x Legal Note $52,500 |
Leading Vendors by Aggregate
Vendor | Sold | Aggregate | Average | Top Price | Top Lot |
White Robe Lodge | 15 | $394,000 | $26,267 | $52,500 | Lot 76 Raise the Flag x Legal Note $52,500 |
Berkley Stud | 16 | $274,000 | $17,125 | $35,000 | Lot 65 Highly Recommended x Enthusabelle $35,000 |
Pear Tree Farm Agistment | 9 | $148,000 | $16,444 | $37,000 | Lot 73 Cape Blanco x Just Polite $37,000 |
Inglewood Stud | 5 | $144,000 | $28,800 | $43,000 | Lot 80 Showcasing x Macavity $43,000 |
Willow Glen | 9 | $130,000 | $14,444 | $34,000 | Lot 81 Charge Forward x Mantova $34,000 |
Three Valleys | 10 | $117,500 | $11,750 | $34,000 | Lot 5 Bachelor Duke x Pinaz $34,000 |
Leading Vendors by Average (three or more sold)
Vendor | Sold | Average | Aggregate | Top Price | Top Lot |
Inglewood Stud | 5 | $28,800 | $144,000 | $43,000 | Lot 80 Showcasing x Macavity $43,000 |
White Robe Lodge | 15 | $26,267 | $394,000 | $52,500 | Lot 76 Raise the Flag x Legal Note $52,500 |
Berkley Stud | 16 | $17,125 | $274,000 | $35,000 | Lot 65 Highly Recommended x Enthusabelle $35,000 |
Mansfield Farm | 3 | $16,500 | $49,500 | $26,000 | Lot 74 Highly Recommended x Keshava $26,000 |
Pear Tree Farm Agistment | 9 | $16,444 | $148,000 | $37,000 | Lot 73 Cape Blanco x Just Polite $37,000 |
Willow Glen | 9 | $14,444 | $130,000 | $34,000 | Lot 81 Charge Forward x Mantova $34,000 |
Leading Sires by Average (three or more sold)
Sire | Sold | Average | Aggregate | Top Price | Top Lot |
Zacinto | 5 | $23,600 | $118,000 | $33,000 | Lot 19 Zacinto x Siena $33,000 |
Gallant Guru | 5 | $22,800 | $114,000 | $40,000 | Lot 79 Gallant Guru x Lurk $40,000 |
Raise the Flag | 10 | $21,950 | $219,500 | $52,500 | Lot 76 Raise the Flag x Legal Note $52,500 |
No Excuse Needed | 3 | $20,333 | $61,000 | $32,000 | Lot 75 No Excuse Needed x La Gem $32,000 |
Highly Recommended | 16 | $15,094 | $241,500 | $35,000 | Lot 65 Highly Recommended x Enthusabelle $35,000 |