Expectations Smashed in New Era of Selling
28 January 2021
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.
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 regan.donnison@nzb.co.nz or Kane Jones on +64 27 274 4985 or email kane.jones@nzb.co.nz.
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 mitch.davis@nzb.co.nz 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