Day 2 Of Premier Sale Sees Prices Continue To Rise In Strong Market
27 January 2004
Today it was the antipodean buyers who made their presence most felt. Rob McAnulty secured the top lot of the day, Lot 393 Quest For Fame x Chimeara (by Danehill) colt for $750,000 from the draft of Pencarrow Stud. The next two top lots, Lot 304 Zabeel x Waihora's Lass filly for $600,000 and Lot 389 Danehill x Champagne colt for $575,000 are both heading to Australia with DGR Thoroughbred Services and Gai Waterhouse respectively.
Graeme Rogerson is currently the leading buyer with a total of 24 purchases for $2,750,000. Also featuring among the leading buyers so far are Kieran Moore Bloodstock from Australia with 8 lots for $1,335,000 and from New Zealand, David Ellis who has secured 24 lots for $1,320,000, and Paul Moroney Bloodstock with 12 lots purchased for $1,290,000.
Day 2 continued to see a strong presence from northern hemisphere buyers with Adrian Nicoll of BBA Ireland and De Burgh/Farrington amongst the active European buying bench. Hong Kong was also a powerful force throughout the day.
The average for today's offering climbed to $111,000, with the combined day 1 and 2 sale average still a very pleasing $108,842. The clearance rate also firmed further to 82%.
�Whilst we are thrilled to have three of today's lots exceeding the half million mark, we are also very pleased to see a strong interest in our middle market from both home and overseas buyers. Possibly one of the best indicators for us of a good sale is whether there is the demand for that middle part of the market. Today that was definitely so, with a very robust median of $72,500 � up from $67,500 last year. We were delighted that the market not only held up but gained even further from yesterday. We still have a number of exciting yearlings to offer at the final Premier Session tomorrow and all indications are that the sale should conclude on a high note,� said NZ Bloodstock Marketing & PR Manager, Petrea Vela.
2004 PREMIER SALE
STATISTICS FROM DAYS 1 & 2 COMBINED
AVERAGE = $108,842
14% increase from same stage last year
14% increase from last year's Premier Sale final average
2003 Average at same stage (ie after 425 lots catalogued) = $95,263
2003 Final Premier Sale average = $95,291
1ST & 2ND SESSION AGGREGATE = $35,918,000
2003 Aggregate at same stage (i.e after 425 Lots catalogued) = $29,531,500
2003 End of Premier Sale Aggregate = $34,209,500
1ST & 2ND SESSION LOTS SOLD = 330
2003 1ST & 2nd SESSION LOTS SOLD = 206
1ST & 2ND SESSION CLEARANCE RATE = 82%
2003 1ST & 2ND SESSION CLEARANCE RATE = 84%
2003 Final Premier Sale Clearance rate =83%
1ST& 2ND SESSION MEDIAN = $72,500
2003 MEDIAN AT SAME STAGE = $67,500
2ND SESSION TOP PRICE = Lot 393 $750,000 Quest for Fame x Chimeara
1ST & 2ND SESSION TOP PRICE = Lot 159 $1,000,000 Danehill x Push A Venture
2003 1ST & 2ND SESSION TOP PRICE = Lot 190 $660,000 Zabeel x L'Quiz
1ST & 2ND SESSION LEADING BUYERS BY AGGREGATE =
1st = Rogerson Bloodstock 24 Lots for $2,750,000
2nd = New Zealand Bloodstock as agent 14 Lots for $1,792,000
3rd = BBA Ireland 3 Lots for $1,560,000
4th = Kieran Moore Bloodstock 8 Lots for $1,335,000
5th = Mr David Ellis 24 Lots for $1,320,000
TOP 10 LOTS OVERALL v = vendor p= purchaser
LOT 159 (DANEHILL X PUSH A VENTURE) $1,000,000
v=Curraghmore Stud/p=British Bloodstock Agency
LOT 393 (QUEST FOR FAME X CHIMEARA) $750,000 (Day 2)
V=Pencarrow Stud/p=Rob McAnulty
LOT 304 (ZABEEL X WAIHORA'S LASS) $600,000 (Day 2)