Strong Results for NZB South Island Sale
8 August 2008
The South Island took centre stage today with strong results recorded at New Zealand Bloodstock's annual South Island Sale of Two-Year-Olds and Mixed Bloodstock at the Canterbury Agricultural Park in Christchurch.
Significant growth was evident with this year's two-year-old average reaching NZ$16,215 compared to last year's NZ$14,430. Even more pleasing was a staggering 41% increase in the median price to NZ$12,000, up from NZ$8,500 last year.
The unique Sale of untried two-year-olds also featured yearlings, broodmares, unraced stock and racehorses. The highest priced lot of the Sale was the stakes-placed racemare Royal Ambition. �The five-year-old is by Royal Academy and out of Group 1 New Zealand One Thousand Guineas runner-up, Ambitious (Last Tycoon). On account of Chelandry Farm she was knocked down to Colm Santry Bloodstock for NZ$140,000.� She is to be bred to Coolmore's first season sire and champion racehorse Dylan Thomas.
The top price from the two-year-old section came early in the day at Lot 7. Leading Australian bloodstock agent John Foote bid to NZ$82,500 to secure the Pentire colt from the Personal Escort mare Grace the Bride. He's from the family of Group 1 Wellington Cup winner Hurrah and outstanding Hong Kong galloper Best Gift. He was sold by Ashburton-based vendors Robert and Jessica Thomas
All sessions combined to give total receipts of NZ$2,115,700 for 142 lots sold compared to last year's total of NZ$1,572,250 for 126 lots sold. The overall average price increased to NZ$14,899 with the clearance rate settling at 70%. As with the two-year-old section, the median showed a healthy increase, in this case from NZ$7,000 to NZ$10,000.
Edwina Morris and Alan Jones' Berkley Stud was the leading vendor for the day, selling 23 of their 30 lots for an aggregate of NZ$414,000 and an average price of NZ$18,000. The highlight of their draft being Lot 161, an impressive chestnut Bertolini colt who sold to New Zealand Bloodstock as agent for NZ$80,000.
General Manager Andrew Seabrook commented on the day's proceedings saying�"In light of the downturn in the economy it was very pleasing to see the market hold up extremely well.� We were thrilled with the international buying bench and it was great to see the domestic spend increase again.� The success of this Sale augurs well for the Ready to Run Sale at Karaka on November 18 & 19."
2008 South Island Sale Overall Statistics
| OVERALL� | 2008 | 2007 |
|---|---|---|
| Catalogued | 218 | 193 |
| Sold | 142 | 126 |
| Clearance Rate | 70% | �72% |
| Average Price | $14,899 | �$12,478 |
| Aggregate | $2,115,700 | �$1,572,250 |
| Median | $10,000 | �$7,000 |
| Top Price | $140,000 for Lot 210 | $70,000 for Lot 63 |
Two-Year-Old Statistics
| TWO-YEAR-OLDS� | 2008 | 2007 |
|---|---|---|
| Catalogued | 173 | 149 |
| Sold | 116 | 100 |
| Clearance Rate | 70% | �73% |
| Average Price� | $16,215 | �$14,430 |
| Aggregate | $1,880,900 | �$1,443,000 (100 sold) |
| Median | $12,000 | �$8,500 |
| Top Price | $82,500 for Lot 7 | $70,000 for Lot 63 |
Leading Lots
| Lot | Type | Breeding | Vendor | Purchaser | Location | Price |
|---|---|---|---|---|---|---|
| 210 | B.M | Royal Ambition | CHELANDRY FARMS | COLM SANTRY BLOODSTOCK | NEW SOUTH WALES | $140,000 |
| 7 | BL.G | Pentire / Grace the Bride | MR RAC & MRS JJ THOMAS | JOHN FOOTE BLOODSTOCK PTY LTD | QUEENSLAND | $82,500 |
| 161 | C.C | Bertolini / Endrita | BERKLEY STUD | NEW ZEALAND BLOODSTOCK | HAMILTON | $80,000 |
| 52 | BRB.C | Ishiguru / Morocco | LYNDHURST FARM | COURTCO RACING LTD | CHRISTCHURCH | $65,000 |
| 98 | BR.C | One Cool Cat / Sweetliner | TE MANIA THOROUGHBREDS | MR FH GILLESPIE | DARGAVILLE | $52,000 |
| 55 | B.C | Yamanin Vital / Nancy Wake | WHITE ROBE LODGE STUD | LISA LATTA RACING STABLES | PALMERSTON NORTH | $46,000 |
| 159 | BR.F | One Cool Cat / Elegance | GOODWOOD STUD | MR FH GILLESPIE | DARGAVILLE | $46,000 |
| 155 | B.C | Towkay / D'Pix | BERKLEY STUD | THE THOROUGHBRED TRADER LTD | HONG KONG | $45,000 |
| 162 | B.C | Rock of Gibraltar / Essenza | BERKLEY STUD | MR MR PITMAN | CHRISTCHURCH | $40,000 |
| 36 | B.C | Bertolini / La Voila | STONEY CREEK LODGE | MR SK KUEK | MALAYSIA | $36,000 |
| 81 | B.C | Yamanin Vital / Satin Finish | WHITE ROBE LODGE STUD | MR WN HAZLETT | INVERCARGILL | $36,000 |
| 112 | C.C | Sandtrap / Vincerla | THE PINES THOROUGHBREDS | MR RE LAING | VICTORIA | $36,000 |
Leading Purchasers by Aggregate
| Purchaser | Bought | Aggregate | Average | Top Price |
|---|---|---|---|---|
| NEW ZEALAND BLOODSTOCK (as agent) | 13 | $269,500 | $20,731 | $80,000 |
| COLM SANTRY BLOODSTOCK | 1 | $140,000 | $140,000 | $140,000 |
| COURTCO RACING LTD | 4 | $103,500 | $25,875 | $65,000 |
| MR FH GILLESPIE | 2 | $98,000 | $49,000 | $52,000 |
| THE THOROUGHBRED TRADER LTD | 4 | $91,500 | $22,875 | $45,000 |
Leading Vendors by Aggregate
| Vendor | Sold | Aggregate | Average | Top Price |
|---|---|---|---|---|
| BERKLEY STUD | 23 | $414,000 | $18,000 | $80,000 |
| STONEY CREEK LODGE LTD | 10 | $176,000 | $17,600 | $36,000 |
| CHELANDRY FARMS | 3 | $146,000 | $48,667 | $140,000 |
| THE PINES THOROUGHBREDS | 6 | $139,000 | $23,167 | $36,000 |
| WHITE ROBE LODGE STUD | 7 | $137,000 | $19,571 | $46,000 |
Leading Vendors by Average (3 or more sold)
| � | Sold | Average | Aggregate | Top Price |
|---|---|---|---|---|
| CHELANDRY FARMS | 3 | $48,667 | $146,000 | $140,000 |
| THE PINES THOROUGHBREDS | 6 | $23,167 | $139,000 | $36,000 |
| TE MANIA THOROUGHBREDS | 5 | $21,600 | $108,000 | $52,000 |
| WHITE ROBE LODGE STUD | 7 | $19,571 | $137,000 | $46,000 |
| ESKER LODGE LTD | 4 | $19,000 | $76,000 | $28,000 |
Leading Sires by Average (3 or more sold)
| Sire | Sold | Average | Aggregate | Top Price |
|---|---|---|---|---|
| One Cool Cat | 3 | $44,333 | $133,000 | $52,000 |
| Pentire | 3 | $32,500 | $97,500 | $82,500 |
| Bertolini | 8 | $26,563 | $212,500 | $80,000 |
| Yamanin Vital | 9 | $19,667 | $177,000 | $46,000 |
| Thorn Park | 3 | $17,167 | $51,500 | $30,000 |