KARAKA 2010: New Record Price at Karaka Festival Sale

7 February 2010

Continuing on from the outstanding results recorded by the Premier and Select sessions last week, spirited bidding continued at Karaka today with key indicators up on last year's Festival Sale including a new record price.

Lot1321

Lot 1321, the Elusive City colt that fetched the highest price at the Karaka Festival Sale today at $90,000.

Entering the ring at Lot 1321, the imposing bay colt by Elusive City from the Star Way mare Strawberry Affair, fetched $90,000 and was a successful pin hook by John Hay, who purchased him at the National Weanling, Broodmare and Mixed Bloodstock Sale back in May for just $12,000 and sold him today under his Tamika Lodge banner.

His Auckland-based purchaser, David Cole, commented on the colt, "He's a rangy type of Elusive City with a lot of scope and a lovely shoulder and top line. He'll make a great late two-year-old/early three-year-old and will be trained by Wexford Stable's Andrew Scott in Matamata."

Heading the sire by average list, Elusive City offspring proved hot property today with seven selling for an average of $37,571. The son of Elusive Quality stands at Haunui Farm, who also had a successful day as the leading vendors, selling ten lots for total receipts of $325,500.

Following on from their great results in the Select Sale, Mark and Denny Baker's Hallmark Stud again hold top spot as the leading vendors by average at $34,167.

Hong Kong agent Justin Bahen has been prominent at Karaka throughout the week and purchased another five lots today to add to his seven Select and two Premier sale purchases.

With one day of selling left, the Festival Sale statistics currently sit on an average of $16,154, up 35% from $11,997 last year with a $1,000 increase in the median at $11,000. Over the day 169 yearlings have traded hands for $2,730,050 with 260 lots left to sell tomorrow from 11am.

The Festival Sale will again be able to be viewed live online. Click here to see�today's passed lots.

2010�Festival Sale Day 1�Statistics

2010 2009
Average $16,154 $11,997
Aggregate $2,730,050 $4,498,700
Catalogued 519 526
Sold 169 375
Clearance Rate 72% 81%
Median $11,000 $10,000
2010 Festival Sale Top Price - Lot 1321 B.C Elusive City x Strawberry Affair $90,000
2009 Festival Sale Top Price - Lot 1636 B.C Elusive City x Contemplate $77,500

Top Lots

Lot Type Breeding Vendor Purchaser Price
1321 B.C Elusive City / Strawberry Affair TAMIKA LODGE MR DR COLE (AUCKLAND) $90,000
1262 B.C Ishiguru / River Cat FERN LEAF THOROUGHBREDS MR PA WILLETTS (AUCKLAND) $80,000
1168 B.C Golan / Mi Gazelle MRS JE COUPER NZB AS AGENT (WA) $72,500
1128 B.C Don Eduardo / Let's Enjoy HAUNUI FARM� BAHEN BLOODSTOCK (HONG KONG) $60,000
1299 B.C Strada / Snapwood ENDSLEIGH THOROUGHBREDS WEXFORD STABLES (MATAMATA) $60,000
1329 B.C Elusive City / Sunshine Gold HAUNUI FARM� NZB AS AGENT (CAMBRIDGE) $60,000
1315 B.C Keeper / Star Trek WALNUT HILL FARMS� LISA LATTA RACING STABLES (P NORTH) $52,000
1129 B.C Keeper / Libra Belle HAUNUI FARM� BAHEN BLOODSTOCK (HONG KONG) $50,000
1167 B.C Don Eduardo / Midnight Walk HAUNUI FARM� BAHEN BLOODSTOCK (HONG KONG) $46,000
1229 G.C Gallant Guru / Pernella WHITE ROBE LODGE STUD MR KT MYERS (MARTON) $45,000
1246 G.C Bachelor Duke / Qui Richfield RICHFIELDS THOROUGHBRED FARM TJ MCKEE (AUCKLAND) $45,000

Leading Purchasers by Aggregate

Purchaser Bought Aggregate Average Top Price
NZB as agent 18 $381,000 $21,167 $72,500
BAHEN BLOODSTOCK 5 $222,000 $44,400 $60,000
WEXFORD STABLES� 7 $218,500 $31,214 $60,000
MR DR COLE 1 $90,000 $90,000 $90,000
MR PA WILLETTS 3 $87,100 $29,033 $80,000
TJ MCKEE� 4 $76,000 $19,000 $45,000
ROGERSON BLOODSTOCK 2 $60,000 $30,000 $40,000
MR TG WILLIAMS 2 $58,500 $29,250 $37,500
LISA LATTA RACING STABLES 2 $57,250 $28,625 $52,000
MR RB MARSH 2 $57,000 $28,500 $40,000

Leading Vendors by Aggregate

Vendor Sold Aggregate Average Top Price
HAUNUI FARM� 10 $325,500 $32,550 $60,000
POPLAR LODGE� 7 $142,000 $20,286 $30,000
TOTARA PARK STUD 8 $113,000 $14,125 $38,000
ENDSLEIGH THOROUGHBREDS 4 $109,500 $27,375 $60,000
HALLMARK STUD� 3 $102,500 $34,167 $40,000
ESKER LODGE� 5 $102,000 $20,400 $30,000
TAMIKA LODGE 1 $90,000 $90,000 $90,000
SEATON PARK� 5 $88,900 $17,780 $37,500
FERN LEAF THOROUGHBREDS 2 $83,500 $41,750 $80,000
NEWMARKET LODGE STUD 4 $77,000 $19,250 $26,000

Leading Vendors by Average (three or more sold)

Vendor Sold Average Aggregate Top Price
HALLMARK STUD� 3 $34,167 $102,500 $40,000
HAUNUI FARM� 10 $32,550 $325,500 $60,000
ENDSLEIGH THOROUGHBREDS 4 $27,375 $109,500 $60,000
WINDSOR PARK STUD� 3 $24,167 $72,500 $37,500
ESKER LODGE� 5 $20,400 $102,000 $30,000
POPLAR LODGE� 7 $20,286 $142,000 $30,000
NEWMARKET LODGE STUD 4 $19,250 $77,000 $26,000
ARCHER PARK 3 $18,667 $56,000 $20,000
RICHFIELDS THOROUGHBRED FARM 4 $17,875 $71,500 $45,000
SEATON PARK� 5 $17,780 $88,900 $37,500

Leading Sires by Average (three or more sold)

Sire Sold Average Aggregate Top Price
Elusive City 7 $37,571 $263,000 $90,000
Keeper 5 $26,100 $130,500 $52,000
Shinko King 4 $24,625 $98,500 $40,000
Don Eduardo 7 $24,500 $171,500 $60,000
St Reims 5 $23,700 $118,500 $37,500
Golan 4 $23,375 $93,500 $72,500
Ishiguru 7 $22,286 $156,000 $80,000
Spartacus 4 $21,000 $84,000 $30,000
Bachelor Duke 4 $20,500 $82,000 $45,000
Falkirk 5 $18,300 $91,500 $37,500