Expectations Smashed in New Era of Selling

28 January 2021

Lot 826 (Wandjina x Home Alone) purchased for $150,000.

New Zealand Bloodstock’s 95th National Yearling Sale Series exceeded all expectations after a buoyant atmosphere continued to play out in the final session of Book 2. 

The market remained competitive throughout the last session, with key sale indicators tracking well ahead of last year’s final figures.

After the final lot went under the hammer, 212 lots sold for a total turnover of $8,853,500. The average soared to $41,759 from $35,012 while the median closed at $30,000 from $25,000 and the clearance rate reached 76%. 

NZB’s Managing Director Andrew Seabrook was ecstatic as the gavel fell on the final lot at Karaka 2021.

“The amazing success in Book 2 illustrates the increasing confidence in the New Zealand domestic market.”

“Book 2 figures usually mirror Book 1, so to see the significant increase in average and median over the past two days is very encouraging going forward.”

“We are very thankful for the support we have received from our domestic market on the ground here at Karaka, as well as our international markets who were active via our online bidding platform.”

“We must give full credit to our vendors who took things to the next level this year, allowing buyers to have full confidence in our Sale,” Seabrook added.  

NZB Director and Business Development Manager Mike Kneebone commented on New Zealand’s stability in the international market over the past week of selling.

“It was all hands on deck with the international buyers this year.”

“It was about relationships that have already been built over so many years here in New Zealand and it was great the way the buyers and vendors operated together.

“Our Ready to Run Sale set the benchmark for online sales and when the time came for our international clients to bid at Karaka 2021, they used the platform magnificently,” Kneebone said.

The two highest priced lots of Day Two in Book 2 were both purchased for $150,000 and are destined for stables based on kiwi soil and offshore.

Wexford Stables purchased Lot 826, a colt by Wandjina out of Home Alone (NZ) (O’Reilly) sold on account of H. E. Richardson, while Mr J Pang purchased Lot 908, a Satono Aladdin colt out of My Hope (NZ) (Howbaddoyouwantit) from Ardsley Stud’s draft. 

Lot 908 (Satono Aladdin x My Hope) purchased for $150,000. Photo: Trish Dunell

With 200 less horses catalogued in this year’s Book 2 Sale, a total of 15 lots we sold for an amount of $100,000 or more, compared to last year’s total of 14.  

The leading vendor at the conclusion of Book 2 was Sam and Catriona Williams’ Little Avondale Stud, selling 12 horses for a total turnover of $778,000.

The leading vendor by average was Cameron and Eva Heron’s Highline Thoroughbreds, selling six lots averaging $101,667.

Little Avondale’s resident stallions also topped the sires tables, with Per Incanto averaging $81,333 for nine lots sold and first season sire Time Test averaging $58,400 for 10 lots sold.

The attention now turns to our National Online Yearling Sale held on NZB online subsidiary Gavelhouse Plus. Bidding will open on Friday 29 January at 9AM (NZT), with the Sale closing on Wednesday 3 February at 7PM (NZT).

The next physical sale to be hosted at NZB’s Karaka Sales Centre is the National Weanling Sale on Friday 14 May 2021.

View the full Book 2 results here.

To enquire about Passed Lots contact Regan Donnison on +64 21 512 466 or email [email protected] or Kane Jones on +64 27 274 4985 or email [email protected].

Catch the highlights and Lot-by-Lot footage from Book 2 here.

All horses purchased at Karaka are eligible for the lucrative Karaka Million Series with two $1 million races available for graduates as two and three-year-olds, plus the CollinsonForex Karaka Cup for the duration of their career. To nominate your yearling, email [email protected] or call +64 298 0055. Entries close Monday 1 March 2021 at 5PM (NZT).

2021 Book 2 Sale Statistics

 

2021 BOOK 2 TOTAL

2020 BOOK 2 TOTAL

AGGREGATE

$8,853,000

$9,873,500

AVERAGE

$41,759

$35,012

MEDIAN

$30,000

$25,000

CLEARANCE

76%

69%

CATALOGUED

339

473

SOLD

212

282

TOP LOT

Lot 725 Churchill - Astrid (Ch.F) $200,000

Lot 859 Vadamos - Silke Top (B.C) $185,000

 

2021 Book 2 Top Lots

Lot

Type

Breeding

Vendor

Purchaser

Price

725

Ch.F

Churchill / Astrid

Berkley Stud

Mr RA James / Mr R Wellwood (Waikato)

$200,000

713

Ch.C

Proisir / All Can Party

Highline Thoroughbreds

Kaipira Lodge (Waikato)

$180,000

735

B.F

Per Incanto / Bellerama

Little Avondale Stud

Mr GE Harding (Waikato)

$170,000

664

Ch.C

Per Incanto / Special Draw

Highline Thoroughbreds

Mr G Cremendes (Manawatu-Whanganui)

$155,000

826

BB.C

Wandjina / Home Alone

H. E. Richardson

Wexford Stables (Waikato)

$150,000

908

B.C

Satono Aladdin / My Hope

Ardsley Stud Limited

Mr J Pang (Singapore)

$150,000

843

BR.C

Belardo / Keepabreak

Little Avondale Stud

Upper Bloodstock / Legends Bloodstock / Regal Farm / Phill Cataldo Bloodstock (BAFNZ) (Hong Kong)

$140,000

710

B.C

Time Test / Affrettando

Wainui Ltd

Paul Moroney Bloodstock / Ballymore Stables NZ (Waikato)

$130,000

721

B.C

Belardo / Arnina

Haunui Farm

Mr LL Lee (Hong Kong)

$130,000

785

BR.C

Per Incanto / Enyanna Marie

Ardsley Stud Limited

Upper Bloodstock / Phill Cataldo Bloodstock (BAFNZ) (Victoria)

$130,000

 

2021 Book 2 Leading Purchasers by Aggregate

Buyer

Bought

Aggregate

Average

Top Price

Top Lot

Wexford Stables (Waikato)

5

$350,000

$70,000

$150,000

826

Paul Moroney Bloodstock / Ballymore Stables NZ (Waikato)

6

$297,500

$49,583

$130,000

710

Kaipira Lodge (Waikato)

3

$277,500

$92,500

$180,000

713

Upper Bloodstock / Phill Cataldo Bloodstock (BAFNZ) (Hong Kong)

3

$220,000

$73,333

$130,000

785

Phill Cataldo Bloodstock (BAFNZ) (Taranaki)

5

$210,000

$42,000

$95,000

890

Mr RA James / Mr R Wellwood (Waikato)

1

$200,000

$200,000

$200,000

725

Chris Rutten Bloodstock (BAFNZ) (Wellington)

3

$197,500

$65,833

$115,000

626

Mr LL Lee (Hong Kong)

2

$197,500

$98,750

$130,000

721

Lisa Latta Racing (Manawatu-Whanganui)

5

$191,500

$38,300

$50,000

821

Mr GE Harding (Waikato)

1

$170,000

$170,000

$170,000

735

 

2021 Book 2 Leading Vendors by Aggregate

Vendor

Sold

Aggregate

Average

Top Price

Top Lot

Little Avondale Stud

12

$778,000

$64,833

$170,000

735

Haunui Farm

16

$681,500

$42,594

$130,000

721

Highline Thoroughbreds

6

$610,000

$101,667

$180,000

713

Highview

21

$511,500

$24,357

$80,000

690

Westbury Stud

14

$492,500

$35,179

$55,000

612

Mapperley Stud

12

$481,000

$40,083

$90,000

589

Ardsley Stud

8

$474,500

$59,313

$150,000

908

Rich Hill Stud

11

$363,000

$33,000

$57,500

647

Grangewilliam Stud

16

$349,000

$21,813

$56,000

732

CH Bloodstock

6

$306,000

$51,000

$100,000

711

 

2021 Book 2 Leading Vendors by Average (three or more sold)

Vendor

Sold

Average

Aggregate

Top Price

Top Lot

Highline Thoroughbreds

6

$101,667

$610,000

$180,000

713

Berkley Stud

4

$75,500

$302,000

$200,000

725

Little Avondale Stud

12

$64,833

$778,000

$170,000

735

Kilgravin Lodge

3

$64,000

$192,000

$100,000

847

Ardsley Stud

8

$59,313

$474,500

$150,000

908

Valachi Downs

3

$54,667

$164,000

$100,000

717

CH Bloodstock

6

$51,000

$306,000

$100,000

711

Highden Park

5

$49,200

$246,000

$70,000

784

Wentwood Grange

3

$46,333

$139,000

$95,000

890

Woburn Farm

6

$45,583

$273,500

$67,500

657

 

2021 Book 2 Leading Sires by Average (three or more sold)

Sire

Sold

Average

Aggregate

Top Price

Top Lot

Per Incanto

9

$81,333

$732,000

$170,000

735

Time Test*

10

$58,400

$584,000

$130,000

710

Proisir

12

$56,667

$680,000

$180,000

713

Sacred Falls

7

$56,429

$395,000

$95,000

890

Belardo

17

$52,382

$890,500

$140,000

843

Contributer

5

$52,200

$261,000

$100,000

717

Satono Aladdin*

11

$51,955

$571,500

$150,000

908

Tivaci

4

$51,875

$207,500

$110,000

794

Zacinto

4

$49,750

$199,000

$100,000

847

Charm Spirit

11

$40,000

$440,000

$86,000

883

*First Season Sire