KARAKA 2006: Festival Sale Day 1 Summary

5 February 2006

The sixth day of selling at Karaka concluded today with Day 1 of the Festival Sale.

With 455 lots catalogued for sale, 102 withdrawals have left a much reduced catalogue over the two-day Sale. Today, from 227 catalogued, 129 sold for an average price of $11,321 representing a clearance rate of 73%, down from 76% at this stage in the Sale last year. Last year's Day 1 average was $12,455, with a final Festival Sale average of $11,415.

The median is $7,500, down from last year's Day 1 median of $10,000 and a final Festival Sale median of $9,000. The current aggregate is $1,460,400 down from $1,781,000 for 143 lots sold.

The top lot of the day was Lot 1272, a colt by Danske out of Yachtie mare, Dance on Deck, bought by Australian bloodstock agent, John Foote, for $52,500 from Gredan Farm. This has put the son of Danehill at the top of the sires tables for the day, with 7 sold for an average of $24,500.

The next top lot of the day was Lot 1201, a colt by first season sire Ustinov (by Seeking the Gold) from Western Symphony mare, Alastique. The colt, offered by Nick and Anne-Marie King's Brighthill Farm, was bought for $40,000 by New Zealand bloodstock agent, Robbie Hewetson.

Ustinov is also the leading first season sire for the day, with 5 sold for an average of $18,650.

Leading vendor by average with three or more sold, is Peter Setchell's Millfield Stud in Waharoa, with 3 sold for an average of $20,833. Millfield Stud's top Lot was sold for $29,000, a colt by Sandtrap out of Dance Hall Blues (Victory Dance), bought by Donna Logan at Lot 1271. Brighthill Farm was next leading vendor by average with 6 sold for an average of $20,500.

Leading individual buyer is Paul Moroney with a further 4 purchases, including a top priced lot early in the day of $31,000 at Lot 1088, a filly by City on a Hill out of Right Tune (Green Desert) offered by Gordon Cunningham's Curraghmore Stud. He adds these to 14 yearlings purchased in the Select Sale and 8 purchased at the Premier Sale.

The Festival Sale continues at Karaka with 228 yearlings catalogued for sale on Monday 6th February at 11am. This session will conclude the New Zealand Bloodstock National Yearling Sales Series 2006.

2006 FESTIVAL SALE: Day 1 Results

FESTIVAL SALE SESSION ONE AVERAGE $11,321
2005 Festival Sale Session One Average $12,455
FESTIVAL SALE SESSION ONE AGGREGATE (129 Lots) $1,460,400
2005 Aggregate after 143 Lots $1,781,100
FESTIVAL SALE SESSION ONE LOTS CATALOGUED 227
2005 Festival Sale Session One Lots Catalogued 221
FESTIVAL SALE SESSION ONE CLEARANCE RATE 73%
2005 Festival Sale Session One Clearance Rate 76%
FESTIVAL SALE SESSION ONE MEDIAN $7,500
2005 Festival Sale Session One Median $10,000
FESTIVAL SALE SESSION ONE TOP PRICE - Lot 1272 Danske x Dance on Deck $52,500
2005 Festival Sale Session One Top Price - Lot 1151 Skalato x Rouge Chaperon $36,000

TOP 10 LOTS

Lot Type Breeding Vendor Purchaser Location Price
1272 b.c Danske / Dance on Deck ESKER LODGE JOHN FOOTE BLOODSTOCK QUEENSLAND $52,500
1201 c.c Ustinov / Alastique BRIGHTHILL FARM ROBBIE HEWETSON BLOODSTOCK TAURANGA $40,000
1239 c.c His Royal Highness / Burnish LAMBOURN STUD LISA LATTA RACING STABLES PALMERSTON NORTH $38,000
1161 c.c Ustinov / Triscourt LYNDHURST FARM SURF COAST RACING VICTORIA $35,000
1294 b.c Spectatorial / Entrechat Douze HALLMARK STUD MR SD & MRS KJ ALEXANDER MATAMATA $34,000
1251 c.c Shinko King / Centenary BLOOMSBURY STUD JOHN FOOTE BLOODSTOCK QUEENSLAND $32,000
1088 c.f City on a Hill / Right Tune CURRAGHMORE STUD PAUL MORONEY BLOODSTOCK MATAMATA $31,000
1287 c.c Mellifont / Di's Folly DELAHUNTY FARM MR SB MARSH PALMERSTON NORTH $31,000
1119 c.f Riviera / Sky Mist FAIRDALE STUD MR SB MARSH PALMERSTON NORTH $30,000
1138 b.f Danasinga / Stuck Up KIRKWALL THOROUGHBREDS PAUL MORONEY BLOODSTOCK MATAMATA $30,000

LEADING BUYERS BY AGGREGATE

Purchaser Number Aggregate
New Zealand Bloodstock (as agent) 8 $93,500
Paul Moroney Bloodstock 4 $90,000
John Foote Bloodstock 2 $78,500
Surf Coast Racing 3 $69,000
Mr SB Marsh 2 $61,000

LEADING SIRES BY AVERAGE (3 or more sold)

Sire Sold Average
Danske 7 $24,500
Spectatorial 5 $20,800
Sandtrap 4 $19,375
Ustinov 5 $18,650
Shinko King 5 $17,450

LEADING FIRST CROP SIRES BY AVERAGE (3 or more sold)

Sire Sold Average
Ustinov 5 $18,650
Riviera 7 $11,214
Drama Critic 5 $6,700

LEADING VENDOR BY AVERAGE (3 or more sold)

Stud Sold Average
Millfield Stud 3 $20,833
Brighthill Farm 6 $20,500
Hallmark Stud 5 $19,200
Esker Lodge 4 $17,500
Curraghmore Stud 4 $14,250

LEADING VENDOR BY AGGREGATE

Stud Sold Aggregate
Brighthill Farm 6 $123,000
Hallmark Stud 5 $96,000
Esker Lodge 4 $70,000
Millfield Stud 3 $62,500
Curraghmore Stud 4 $14,250