Great Results For Combined Sex Select Sale - Huge Rise In Clearance Rate, Median, Average, AggregateFriday, Jan 30, 2004The Select Session of New Zealand Bloodstock's National Yearling Sales has concluded with significant increases in aggregate, average, median and clearance rate, indicating that the decision to bring the colts and fillies back together this year has been very well received.
The most pleasing and important aspects of the Select Sale are the 10% increase in clearance rate from 69% to 79.5%; the 15% increase in median from $22,500 to $26,000; and the sale aggregate which has increased by almost 10% from $11,460,500 to $12,587,500 despite there being 87 fewer horses catalogued this year.
The average price grew by a very healthy 8.5%, from a combined average last year of $27,952 to $30,331 across the 2 and a half days of selling. Particularly pleasing is the fact that both the colts and fillies averages have improved from where they were at last years single sex sales. For the fillies the increase is from $25,617 to $27,386 (6.9%) and for the colts from $29,357 to $32,142 (9.5%).
The top lot of the Select Sale came at the end of the third day with Lot 1088 Cape Cross x Gardenia (by Danehill) sold for $190,000 out of the draft of Phoenix Park and purchased by Sanders Racing Stables of Te Awamutu. The attractive colt is a full brother to current season stakes winning filly Florilegium.
The leading buyers at the Select Sale were New Zealand Bloodstock as agent with 18 Lots purchased for $690,500, Paul Moroney with 13 Lots for $625,500, Graeme Rogerson with 13 Lots for $598,000, Paul O'Sullivan with 11 Lots for $396,500 and Sanders Racing Stables 7 purchases for $368,000.
While the local buyers headed the buyers list, there were several Australian trainers and agents still active throughout the sale. Korea also proved to be a very valuable player, purchasing some 22 yearlings, while Hong Kong, Malaysia, Philippines and Macau buyers also made their presence felt. For New Zealand Bloodstock it was extremely satisfying to see such an international bench still bidding and buying throughout the Select Sale.
2004 SELECT SALE
FINAL STATISTICS FROM DAYS 1, 2 & 3 COMBINED
Please note that the 2003 Select Sale was divided into Select Fillies and Select Colts and this year is a combined colts and fillies Sale. Last year's results are therefore taken as the average of the Select Colts and Select Fillies sessions.
AVERAGE = $30,331
8.5% increase from last year's final Select Session average
2003 Final Select Sale average = $27,952
OVERALL SESSION AGGREGATE = $12,587,500
9.8% increase from last year's final aggregate
2003 End of Select Sale Aggregate = $11,460,500
OVERALL SESSION CLEARANCE RATE =79.5%
2003 Final Select Sale Clearance rate = 69%
OVERALL SESSION MEDIAN = $26,000
15% increase from median last year
2003 MEDIAN = $22,500
TOP PRICE = Lot 1088 Cape Cross x Gardenia $190,000
Last year Top Price = Lot 869 Gold Brose x Amaroo $135,000
OVERALL LEADING BUYERS BY AGGREGATE
1st = New Zealand Bloodstock as agent 18 Lots for $690,500
2nd = Paul Moroney Bloodstock 13 Lots for $625,500
3rd = Rogerson Bloodstock 13 Lots for $598,000
4th = Mr Paul O'Sullivan 11 Lots for $396,500
5th = Sanders Racing Stables 7 Lots for $368,000
TOP 10 LOTS OVERALL v = vendor p= purchaser
Lot 1088 Cape Cross x Gardenia $190,000
v=Phoenix Park/p=Sanders Racing Stables
Lot 788 Stravinsky x Shariat $150,000
v=Rich Hill Stud/p=Paul Moroney Bloodstock
Lot 735 Stravinsky x Rare Bits $150,000
v=Belvedere Farm/p=Mr Paul Perry
Lot 599 Kilimanjaro x Last Drinks $100,000
v=Westbury Stud/p=International Bloodstock
Lot 656 Stravinsky x Miss Saigon $95,000
v=Longlands Stud/p=Mr & Mrs BJ Lindsay
Lot 979 Pins x Burwood Road $90,000
v=Waikato Stud/p=Rogerson Bloodstock
Lot 743 Pins x Reputedly $90,000