Buoyant Results at the 2007 National Weanling Sale
6 May 2007
A busy day of selling at Karaka today saw 188 of the 252 lots on offer sell for $2,335,150 with an average of $12,421 and a pleasing 85% clearance rate.
The results reflected improvements on last year's Sale right across the board, with the average up 9% from $11,406, the median up 17% from $6,000, the clearance rate up from 84%, and turnover up from $2,304,000 with 14 fewer horses sold this year.
Marketing Manager Petrea Vela confirmed it was buoyant trade throughout the day. "We are very pleased with the solid day of selling we've had at Karaka today. Good quality horses were consistently commanding good money and combined with the increased median and healthy clearance rate has meant a very successful result for the industry."
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Sale topping filly by Elusive City out of Zabelette. |
Just a few lots later was the second highest price of the day, with Lot 17 fetching $75,000. The colt, also from the Curraghmore Stud draft, is by Danehill's dual Group 1 winning son in Spartacus whose oldest New Zealand-bred crop are just yearlings. Out of Zabeel mare Alpine, the colt is a half-brother to stakeswinner Vercors (Catbird) and current performer Huluava (Pins).
The first season sires making their sale ring debut included:
Savabeel with a top price of $57,500 (Lot 131 ex La Charea), One Cool Cat with a top price of $55,000 (Lot 219 ex Splash of Beauty), Johar with a top price of $44,000 (Lot 239 ex There's No Doubt), King's Chapel with a top price of $41,000 (Lot 8 ex Wychwood Lass), Handsome Ransom with a top price of $36,000 (Lot 180 ex Panache), Scaredee Cat with a top price of $12,500 (Lot 77 ex Entrechat Douze) and Hawkeye with a top price of $8,000 (Lot 105 ex Hayizah).
A large crowd of predominantly domestic buyers competed hotly for the wide selection on offer with Joe Barnes's J & I Bloodstock Ltd the leading individual buyer of the day with five weanlings bought for $147,000. He paid a top price of $60,000 for Lot 46, a Pins colt out of unraced Centaine mare, Centaine Gu Li.
The leading vendor for the second year in a row was Gordon Cunningham's Curraghmore Stud which sold 17 weanlings for an aggregate of $495,900 and an average of $29,171, in addition to laying claim to the top two lots of the Sale.
Gordon Cunningham was delighted the day's results. "It was a strong market today from top to bottom and the prices reflected that across the board. The level of interest was certainly up on last year which is an expression of confidence in our yearling market and another encouraging step for the industry."
This is just the second year that the weanlings have been offered at a dedicated Sale with New Zealand Bloodstock's National Broodmare & Mixed Bloodstock Sale now conducted in July. Entry forms for this Sale are now available from New Zealand Bloodstock, with entries closing on Friday 25 May.
Tomorrow Karaka will play host to the Bloomsbury Stud NZ Dispersal Sale, with broodmares, weanlings, yearlings and racehorses offered from 1pm.
Sale Statistics
| 2007 | 2006 | |
|---|---|---|
| Catalogued | 252 | 271 |
| Sold | 188 | 202 |
| Clearance | 85% | 84% |
| Average | NZ$12,421 | NZ$11,406 |
| Median | NZ$7,000 | NZ$6,000 |
| Aggregate | NZ$2,335,150 | NZ$2,304,000 |
Top Ten Lots
| Lot | Type | Breeding | Vendor | Purchaser | Price |
|---|---|---|---|---|---|
| 11 | B.F | Elusive City / Zabelette | CURRAGHMORE STUD | NZB as agent | $115,000 |
| 17 | C.C | Spartacus / Alpine | CURRAGHMORE STUD | NZB as agent | $75,000 |
| 3 | C.C | Volksraad / Wedding Band | WINDSOR PARK STUD | DR KC TAN (Singapore) | $60,000 |
| 46 | Br.C | Pins / Centaine Gu Li | LITTLE AVONDALE STUD | J & I BLOODSTOCK (Cambridge) | $60,000 |
| 131 | B.F | Savabeel / La Charea | WALNUT HILL FARMS | BRUCE PERRY BLOODSTOCK (Masterton) | $57,500 |
| 219 | Br.F | One Cool Cat / Splash of Beauty | MRS JL EGAN | NZB as agent | $55,000 |
| 173 | B.C | Cape Cross / Osmolite | HAUNUI FARM | MAARA GRANGE (Cambridge) | $48,000 |
| 239 | B.C | Johar / There's No Doubt | CURRAGHMORE STUD | MAARA GRANGE (Cambridge) | $44,000 |
| 227 | B.C | Black Minnaloushe / Subject Matter | WINDSOR PARK STUD | J & I BLOODSTOCK (Cambridge) | $42,000 |
| 8 | C.C | King's Chapel / Wychwood Lass | WINDSOR PARK STUD | MR BJ DYKE (Cambridge) | $41,000 |
Leading Purchasers by Aggregate
| Purchaser | Bought | Aggregate | Average | Top Price |
|---|---|---|---|---|
| NEW ZEALAND BLOODSTOCK as agent | 16 | $374,750 | $23,422 | $115,000 |
| J & I BLOODSTOCK | 5 | $147,000 | $29,400 | $60,000 |
| MAARA GRANGE | 2 | $92,000 | $46,000 | $48,000 |
| LEGACY LANDS | 3 | $90,000 | $30,000 | $41,000 |
| BRUCE PERRY BLOODSTOCK | 3 | $80,000 | $26,667 | $57,500 |
Leading Sires by Average (3 or more sold)
| Sire | Sold | Average | Top Lot |
|---|---|---|---|
| Elusive City (USA) | 5 | $40,650 | Lot 11: ex Zabelette $115,000 |
| Spartacus (IRE) | 3 | $36,167 | Lot 17: ex Alpine $75,000 |
| Pins (AUS) | 3 | $32,667 | Lot 46: ex Centaine Gu Li $60,000 |
| King's Chapel (AUS) | 4 | $26,800 | Lot 8: ex Wychwood Lass $41,000 |
| Handsome Ransom (AUS) | 4 | $21,300 | Lot 251: ex Bionic Eagle $38,000 |
| Black Minnaloushe (USA) | 14 | $19,232 | Lot 227: ex Subject Matter $42,000 |
| Van Nistelrooy (USA) | 5 | $18,200 | Lot 34: ex Blissful Dawn $27,000 & Lot 124: ex J.V. Thoughtful $27,000 |
| Thorn Park (AUS) | 5 | $15,800 | Lot 125: ex Kanga $21,000 |
| Captain Rio (GB) | 3 | $14,583 | Lot 205: ex Shaadhu $24,000 |
| Viking Ruler (AUS) | 4 | $12,750 | Lot 85: ex Fiddle de De $26,000 |
Leading First Season Sires by Average (2 or more sold)
| Sire | Sold | Average | Top Lot |
|---|---|---|---|
| Savabeel (AUS) | 2 | $48,750 | Lot 131: ex La Charea $57,500 |
| One Cool Cat (USA) | 2 | $40,500 | Lot 219: ex Splash of Beauty $55,000 |
| Johar (USA) | 2 | $35,000 | Lot 239: ex There's No Doubt $44,000 |
| King's Chapel (AUS) | 4 | $26,800 | Lot 8: ex Wychwood Lass $41,000 |
| Handsome Ransom (AUS) | 4 | $21,300 | Lot 251: ex Bionic Eagle $38,000 |
Leading Vendors by Aggregate
| Vendor | Sold | Aggregate | Top Price |
|---|---|---|---|
| CURRAGHMORE STUD | 17 | $495,900 | $115,000 |
| WINDSOR PARK STUD | 10 | $288,000 | $60,000 |
| HAUNUI FARM | 10 | $202,750 | $48,000 |
| LITTLE AVONDALE STUD | 15 | $150,200 | $60,000 |
| HALLMARK STUD | 10 | $132,250 | $30,000 |
Leading Vendors by Average (3 or more sold)
| Vendor | Sold | Average | Top Price |
|---|---|---|---|
| CURRAGHMORE STUD | 17 | $29,171 | $115,000 |
| WINDSOR PARK STUD | 10 | $28,800 | $60,000 |
| HAUNUI FARM | 10 | $20,275 | $48,000 |
| PHOENIX PARK | 7 | $14,821 | $24,000 |
| HALLMARK STUD | 10 | $13,225 | $30,000 |
