New Record Top Price for Karaka Select Sale
1 February 2007
New Record Top Price for Karaka Select Sale
The success continued on Day Two of the three-day Select Sale today at Karaka, with�the aggregate already exceeding total takings�in 2006,�the average, median and clearance remaining ahead of previous figures, and a new record top�price posted for this Sale.
New Record Top Price for Karaka Select Sale
The success continued on Day Two of the three-day Select Sale today at Karaka, with�the aggregate already exceeding total takings�in 2006,�the average, median and clearance remaining ahead of previous figures, and a new record top�price posted for this Sale.
With one day to go, the current Select Sale aggregate is $13,754,500 up 7% from last year's final Select Sale aggregate of NZ$12,834,250 with 99 fewer lots sold. This means turnover for the week�already exceeds last year's final Sales Series aggregate of $65,721,500 by 7% at NZ$70,588,000, with one day of the Select Sale and the one-day Festival Sale still to come.
After 361 lots catalogued over the first two days of the Select Sale, 271 have now sold for an average of�NZ$50,755, a median of NZ$42,000�and a clearance of�82%. This reflects a huge 46% increase in average from NZ$34,687, and a 40% increase in median from $30,000.
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�Lot 600 with Little Avondale Stud's Sam Williams |
Lot 600 provided the early highlight of the day, with the colt by No Excuse Needed out of Centaine mare, Cymbidium, fetching NZ$230,000 to the bid of bloodstock agent, Michael Stedman. Previously the highest price at this Sale was NZ$190,000 for a Cape Cross colt out of Gardenia (Danehill) in 2004.
There have now been�26 lots sold for NZ$100,000 or more at this Select Sale, compared with a total of eight six-figure lots at this Sale in 2006.
So far West Australia bloodstock agent John Chalmers still heads up the buyers list with 12 yearlings�purchased from this session�for�NZ$647,000 including a top price of NZ$120,000 for�a Danasinga filly out of Ilacourt (Pompeii Court) from Waikato Stud.
Select Sale Statistics: Days One & Two
| Day�1 & 2�2007 | Overall 2006� | |
|---|---|---|
| Average | $50,755 | $34,687 |
| Aggregate | $13,754,500 | $12,834,250 |
| Lots Catalogued | 593 | 557 |
| Lots Sold | 271 | 370 |
| Clearance Rate | 81.9% | 75% |
| Median | $42,000 | $30,000 |
| 2007 Select Sale Top Price - Lot 600 Br.C No Excuse Needed x Cymbidium | $230,000 | |
| 2006 Top�Price - Lot 603 Stravinsky x Stilts | $130,000 | |
| 2006 Top Price - Lot 1040 Pentire x Our Lucy | $130,000 | |
Top Ten Lots
| Lot | Type | Breeding | Vendor | Purchaser | Price |
|---|---|---|---|---|---|
| 600 | �BR.C | No Excuse Needed / Cymbidium | LITTLE AVONDALE STUD | MICHAEL STEDMAN BLOODSTOCK (NSW) | $230,000 |
| 542 | �BR.C | Lucky Owners / Bright Beauty | TRELAWNEY STUD | KIERAN MOORE BLOODSTOCK (NSW) | $170,000 |
| 787 | �B.C | Montjeu / Little Gem | CHESTERFIELDS | MR D O'BYRNE (Ireland) | $160,000 |
| 820 | �B.C | Danasinga / Mi Centie | SHELBY PARK | MILESHAN NOMINEES LTD (VIC) | $155,000 |
| 668 | �B.C | Elusive City / Flying Finish | TRELAWNEY STUD | KIERAN MOORE BLOODSTOCK (NSW) | $150,000 |
| 464 | �C.C | Jungle Pocket / Wella | RICH HILL THOROUGHBREDS | DEAN HAWTHORNE BLOODSTOCK (VIC) | $140,000 |
| 562 | �B.F | Spartacus / Cattleya | LYNDHURST FARM | ROHAN J HUGHES THOROUGHBRED (VIC) | $140,000 |
| 620 | �B.C | No Excuse Needed / Disguised | WAIKATO STUD | ALL'S WELL THOROUGHBRED (Hong Kong) | $140,000 |
| 769 | �C.C | Captain Rio / Lady Paloma | WESTBURY STUD | BROOKBY STABLES (Auckland) | $140,000 |
| 819 | �C.C | Thorn Park / Message to My Girl | ESKER LODGE | WAIKATO BLOODSTOCK 2000 (Cambridge) | $140,000 |
Leading Buyers
| Purchaser | Bought | Aggregate | Average | Top Lot |
|---|---|---|---|---|
| JOHN CHALMERS BLOODSTOCK | 12 | $647,000 | $53,917 | $120,000 |
| PHIL CATALDO BLOODSTOCK | 8 | $627,500 | $78,438 | $130,000 |
| NEW ZEALAND BLOODSTOCK (as agent) | 13 | $575,500 | $44,269 | $92,500 |
| MICHAEL STEDMAN BLOODSTOCK | 6 | $545,500 | $90,917 | $230,000 |
| DEAN HAWTHORNE BLOODSTOCK | 5 | $353,000 | $70,600 | $140,000 |
Leading Sires by Average (3 or more sold)
| Sire | Sold | Average | Aggregate | Top Lot |
|---|---|---|---|---|
| Towkay | 4 | $81,875 | $327,500 | $135,000 |
| No Excuse Needed | 10 | $81,700 | $817,000 | $230,000 |
| Danasinga | 11 | $75,455 | $830,000 | $155,000 |
| Storm Creek | 3 | $70,833 | $212,500 | $92,500 |
| Captain Rio | 6 | $70,833 | $425,000 | $140,000 |
Leading Vendors by Average (3 or more sold)
| Vendor | Sold | Average | Aggregate | Top Price |
|---|---|---|---|---|
| LITTLE AVONDALE STUD | 6 | $121,667 | $730,000 | $230,000 |
| WESTBURY STUD | 5 | $94,200 | $471,000 | $140,000 |
| LYNDHURST FARM | 3 | $89,167 | $267,500 | $140,000 |
| TRELAWNEY STUD | 7 | $75,214 | $526,500 | $170,000 |
| WAIKATO STUD | 12 | $74,625 | $895,500 | $140,000 |
Leading Vendors by Aggregate
| Vendor | Sold | Aggregate | Average | Top Price |
|---|---|---|---|---|
| WAIKATO STUD | 12 | $895,500 | $74,625 | $140,000 |
| LITTLE AVONDALE STUD | 6 | $730,000 | $121,667 | $230,000 |
| ESKER LODGE | 12 | $598,500 | $49,875 | $140,000 |
| CURRAGHMORE STUD | 10 | $585,000 | $58,500 | $120,000 |
| TRELAWNEY STUD | 7 | $526,500 | $75,214 | $170,000 |
