Encosta to the Fore on Final Day of NZB National Sale

5 May 2010

The momentum continued right throughout the final day of New Zealand Bloodstock's National Weanling & Broodmare Sale today at Karaka with a host of highlights signalling a successful outcome to this year's Sale.

The top price of the day came at Lot 844 with the unnamed two-year-old by Encosta de Lago knocked down for $240,000. A trial winner in February, the colt from the Bluebird mare Lake Alexandrina was purchased by Tim Carter's Karapiro Bloodstock from Wellfield Lodge.

"He's an outstandingly built, muscular colt with a lovely temperament and is an exciting sprinting prospect," commented Tim. "I've bought him for Michael Chang in Hong Kong who wanted him for one of his clients, so the colt is headed to Michael's stable." �

With the bulk of the day dedicated to the broodmares on offer the session was highlighted by a 129% increase in average and 25% increase to the median.

The top priced broodmare came early in the day with the Sadler's Wells mare Starrystarrynight (Lot 613) fetching $180,000 to the bid of Gillovic Bloodstock Ltd. The mare from Trelawney Stud was bought in foal to Darci Brahma.

"This was the mare of the sale in my books and I'm very happy to have been able to get her for an overseas client," commented Brent Gillovic.

The bumper broodmare offering saw 236 of the 342 catalogued lots sell for $2,906,950, up 112% from last year's turnover of $1,369,450 for 15 fewer lots sold. �The final average for the broodmares was up 126% from $5,456 to $12,318, the highest since 2006. Following suit the median increased 25% to $3,000 from $2,400, with the clearance rate holding steady at a healthy 82%.

In the final analysis a total of 653 of the 908 catalogued lots changed hands for $7,454,900 - up a huge 85% from $4,034,950 for 585 sold in 2009 - at an average of $11,416 (up 66% from $6,897), with a median of $3,000 (up 9% from $2,750) and a clearance rate of 82%.

Co-Managing Director Petrea Vela said NZB is very satisfied with the outcome of this year's Sale.

"After a bit of a slow start on Monday morning trade picked up steadily to provide some pleasing results over the past three days.� The market has been solid today for the mares and after the tough market we faced here last year it's satisfying to see the results return to 2008 levels."

The leading vendor of the broodmare session was Philip & Peter Vela's Pencarrow Stud which sold its 30 entries for $843,500. The top price of their offering was $95,000 paid for the unraced Stravinsky mare Forpierre (Lot 760) by Trent Busuttin. She was bought carrying a positive test to Darci Brahma.

The overall leading purchaser of the Sale was Bruce & Maureen Harvey's Ascot Farm with three weanling purchases for $290,000. Amongst them was the top price of $220,000 paid for the colt by Encosta de Lago at Lot 300.

With four purchases Gillovic Bloodstock Ltd was the leading buyer of the broodmare session.

Gordon Cunningham's Curraghmore Stud retained top spot as leading overall vendor with two broodmares adding to the success of his large weanling draft. Amongst them was the $100,000 Marauding mare (Lot 625) sold in foal to gun sire High Chaparral.

Leading purchasers, vendors and sires across all sessions will be distributed separately. Click here to view Passed Lots from this Sale.

Combined National Weanling, Broodmare & Mixed Bloodstock Sale Statistics

2010 2009
Catalogued 908 768
Sold 653 585
Clearance 82% 86%
Aggregate $7,454,900 $4,034,950
Average $11,416 $6,897
Median $3,000 $2,750

Broodmare Session Statistics

2010 2009
Catalogued 342 333
Sold 236 251
Clearance 82% 85%
Aggregate $2,906,950 $1,369,450
Average 12318 $5,456
Median $3,000 $2,400

Broodmare Session Top Lots

Lot Type Name Vendor Purchaser Location Price
613 B.M Starrystarrynight Trelawney Stud Ltd Gillovic Bloodstock Ltd Hong Kong $180,000
728 B.M Delovely Brighthill Farm Rogerson Bloodstock Hamilton $110,000
625 B.M Sweet Pearla Curraghmore Stud Ltd NZB as agent Auckland $100,000
760 B.M Forpierre� Pencarrow Stud Mr TL Busuttin Cambridge $95,000
798 C.M Kim Possible Little Avondale Stud Mulcaster Bloodstock Auckland $85,000
610 BR.M Star Charm Pencarrow Stud Mr PA Newman Te Kuiti $82,500
772 B.M Halloween Mr TE Jamison Hallmark Stud Ltd Te Kauwhata $80,000
696 B.M Cassovia Haunui Farm Ltd Oira Road Investments Ltd Palmerston North $62,500
505 B.M Miller's Pride Pencarrow Stud Sheikh Mohammed Bin Khalifa Al Maktoum Victoria $60,000
513 C.M Miz Monroe Esker Lodge Ltd Westbury Stud Auckland $60,000
580 B.M Rosey Dane Cambridge Stud Westbury Stud Auckland $60,000
801 B.M Kwan Pencarrow Stud Ballybin Farm Ltd Christchurch $60,000

Leading Buyers by Aggregate

Purchaser Bought Aggregate Average Top Price
NZB as agent 22 $346,000 $15,727 $100,000
Gillovic Bloodstock Ltd 4 $208,000 $52,000 $180,000
Westbury Stud 5 $203,000 $40,600 $60,000
Rogerson Bloodstock 2 $139,000 $69,500 $110,000
Mr TL Busuttin 2 $125,000 $62,500 $95,000
Oira Road Investments Ltd 4 $94,500 $23,625 $62,500
Hallmark Stud Ltd 2 $90,000 $45,000 $80,000
Sheikh Mohammed Bin Khalifa Al Maktoum 2 $90,000 $45,000 $60,000
Mulcaster Bloodstock 1 $85,000 $85,000 $85,000
Mr PA Newman 1 $82,500 $82,500 $82,500

Leading Vendors by Aggregate

Vendor Sold Aggregate Average Top Price
Pencarrow Stud 30 $843,500 $28,117 $95,000
Trelawney Stud Ltd 11 $332,750 $30,250 $180,000
Haunui Farm Ltd 18 $216,700 $12,039 $62,500
Brighthill Farm 6 $200,800 $33,467 $110,000
Mr TE Jamison 18 $166,150 $9,231 $80,000
Little Avondale Stud 7 $158,900 $22,700 $85,000
Twin Pine Thoroughbreds Ltd 16 $137,100 $8,569 $28,000
Esker Lodge Ltd 6 $128,400 $21,400 $60,000
Curraghmore Stud Ltd 2 $102,750 $51,375 $100,000
Cambridge Stud 11 $96,200 $8,745 $60,000

Leading Broodmare Vendors by Average (3 or more sold)

Vendor Sold Average Aggregate Top Price
Brighthill Farm 6 $33,467 $200,800 $110,000
Trelawney Stud Ltd 11 $30,250 $332,750 $180,000
Pencarrow Stud 30 $28,117 $843,500 $95,000
Little Avondale Stud 7 $22,700 $158,900 $85,000
Esker Lodge Ltd 6 $21,400 $128,400 $60,000
Seaton Park Ltd 4 $12,250 $49,000 $27,000
Haunui Farm Ltd 18 $12,039 $216,700 $62,500
Bradbury Park 6 $11,967 $71,800 $52,000
Woodbine Farm 3 $11,867 $35,600 $30,000
Mr TE Jamison 18 $9,231 $166,150 $80,000

Leading Broodmare Sires by Average (3 or more sold)

Sire Sold Average Aggregate Top Price
Sadler's Wells 3 $81,667 $245,000 $180,000
Cape Cross 3 $33,833 $101,500 $82,500
Encosta de Lago 3 $29,367 $88,100 $80,000
Stravinsky 5 $28,580 $142,900 $95,000
Zabeel 4 $28,450 $113,800 $62,500
Shinko King 3 $24,300 $72,900 $60,000
Danehill 4 $18,000 $72,000 $44,000
Black Minnaloushe 5 $14,060 $70,300 $30,000
Volksraad 13 $11,038 $143,500 $85,000
Montjeu 4 $10,750 $43,000 $36,000