Strong Results Flow to Festival Sale
4 February 2007
The pace picked up over the course of the day at the final session of the 81st National Yearling Sales Series at Karaka, with the Festival Sale posting a record median plus increased average and clearance.
With the catalogue reduced this year to just 310 lots compared with 435 last year, the one-day Sale saw 222 sold at a clearance rate of 81%, up from 79% last year. The average rose 11% from NZ$11,313 to NZ$12,593 with the Sale posting a record median of NZ$10,000 up 18% from NZ$8,500 in 2006.
Turnover for the Sale was NZ$2,795,700 down from NZ$3,122,250 with 120 fewer lots catalogued this year.
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Sale Topper - Curraghmore Stud's Lot 1307 |
The top price of the day came when Lot 1307 was knocked down to New Zealand trainer, Lance O'Sullivan, for NZ$63,000. The Daggers Drawn colt out of Russian Dancer (Zephyr Ace) was offered by Gordon Cunningham's Curraghmore Stud. This was O'Sullivan's sole purchase of the session, but joins the total of 13 yearlings he has bought over the course of the week, including a top price of NZ$300,000 for Lot 183, a Volksraad filly out of Guinevere (Fairy King) at the Premier Sale.
Curraghmore Stud also claimed top spot as leading vendor by average for this session, with four sold for an aggregate of NZ$102,500 and an average of NZ$25,652.
The leading vendor by aggregate was Mark and Denny Baker's Hallmark Stud, with 11 sold for an aggregate of NZ$231,750 and an average of NZ$21,068. This included a top priced lot of NZ$40,000 for Lot 1159, a colt by first season sire, Chianti (Danehill), out of Fortelo (Armidale), bought by William Stretton from Auckland.
Leading individual buyer of the Festival Sale was New Zealand bloodstock agent, Phill Cataldo, with five yearlings bought this session including a top price of NZ$36,000 for Lots 1176 and 1185, the first a colt by first season sire, Gold Mine (Mr Prospector) out of Graphite (Bigstone) from Hallmark Stud, and the second a colt from Te Runga Stud by Strategic Image out of Honeyimhome (The Commander).
Cataldo was also the second leading individual buyer at the Select Sale, with 12 purchases for NZ$877,500, bringing his total outlay for this Sales Series to just over NZ$1 million.
The second leading buyer was Ruakaka trainer, Donna Logan, who bought eight yearlings for NZ$101,000 including a top price of NZ$24,000 for a colt by first season sire, Danroad (Danehill) out of Lutaana (O'Reilly) offered by Alison and Bryan Henry's Maara Grange in Cambridge.
Cataldo and Logan headed up a predominantly domestic buying bench that also included buyers from Australia, Philippines, Singapore and Korea.
All yearlings sold over the past week at Karaka have 30 days to enter the new one million dollar graduates race - the Karaka Million - scheduled for 27 January 2008. For information and conditions of entry contact Petrea Vela (petrea@nzb.co.nz).
2007 Festival Sale Statistics
| Overall 2007 | Overall 2006 | |
|---|---|---|
| Average | $12,593 | $11,313 |
| Aggregate | $2,795,700 | $3,122,250 |
| Lots Catalogued | 310 | 456 |
| Lots Sold | 222 | 276 |
| Clearance Rate | 81% | 79% |
| Median | $10,000 | $8,500 |
| 2007 Festival Sale Top Price - Lot 1307 Ch.C Daggers Drawn x Russian Dancer | $63,000 | |
| 2006 Top Price - Lot 1272 Danske x Dance on Deck | $52,500 | |
Top 10 Lots
| Lot | Type | Breeding | Vendor | Purchaser | Price |
|---|---|---|---|---|---|
| 1307 | C.C | Daggers Drawn / Russian Dancer | CURRAGHMORE STUD | MR LA O'SULLIVAN (Matamata) | $63,000 |
| 1110 | B.C | Pure Theatre / Choir of Angels | MR KP O'HARA | MCVEAN / DUNCAN (Te Awamutu) | $50,000 |
| 1160 | B.C | Danroad / Foxy Boss | MARTINDALE STUD | J & I BLOODSTOCK (Cambridge) | $46,000 |
| 1118 | B.C | Captain Rio / Country Life | MR GF GRAHAM | MR CJ WOOD (Cambridge) | $45,000 |
| 1213 | C.C | Sandtrap / Kia Pupukes Sister | MR MD & MRS LK DROMGOOL | PATELLA BLOODSTOCK (Cambridge) | $45,000 |
| 1159 | B.C | Chianti / Fortelo | HALLMARK STUD | MR WJ STRETTON (Auckland) | $40,000 |
| 1196 | B.C | Howbaddouwantit / Island Girl | FAIRDALE STUD | MR CR MCCARROLL (Cambeidge) | $38,000 |
| 1344 | BR.C | Chianti / Taupaki Girl | TE RUNGA STUD | KARAPIRO BLOODSTOCK (Cambridge) | $38,000 |
| 1176 | B.C | Gold Mine / Graphite | HALLMARK STUD | PHILL CATALDO BLOODSTOCK (Auckland) | $36,000 |
| 1185 | C.C | Strategic Image / Honeyimhome | TE RUNGA STUD | PHILL CATALDO BLOODSTOCK (NSW) | $36,000 |
Leading Purchasers by Aggregate
| Purchaser | Bought | Aggregate | Average | Top Lot |
|---|---|---|---|---|
| NEW ZEALAND BLOODSTOCK (as agent) | 13 | $144,200 | $11,092 | $32,000 |
| PHILL CATALDO BLOODSTOCK | 5 | $131,000 | $26,200 | $36,000 |
| MRS DM LOGAN | 8 | $101,000 | $12,625 | $24,000 |
| KARAPIRO BLOODSTOCK | 4 | $99,500 | $24,875 | $38,000 |
| MR CJ WOOD | 3 | $96,000 | $32,000 | $45,000 |
| J & I BLOODSTOCK LTD | 2 | $74,000 | $37,000 | $46,000 |
| MR LE CHRISTENSEN | 3 | $71,500 | $23,833 | $27,500 |
| MR LA O'SULLIVAN | 1 | $63,000 | $63,000 | $63,000 |
| PAUL MORONEY BLOODSTOCK | 4 | $55,000 | $13,750 | $20,000 |
| MR LJ GLYN | 3 | $53,000 | $17,667 | $35,000 |
Leading Sires by Average (3 or more sold)
| Sire | Sold | Average | Aggregate | Top Price |
|---|---|---|---|---|
| Danroad | 4 | $24,000 | $96,000 | $46,000 |
| Chianti | 5 | $22,200 | $111,000 | $40,000 |
| Captain Rio | 4 | $20,750 | $83,000 | $45,000 |
| Daggers Drawn | 8 | $19,375 | $155,000 | $63,000 |
| Strategic Image | 8 | $18,344 | $146,750 | $36,000 |
| Ishiguru | 4 | $16,750 | $67,000 | $31,000 |
| Sandtrap | 8 | $16,438 | $131,500 | $45,000 |
| Gold Mine | 7 | $16,179 | $113,250 | $36,000 |
| Ustinov | 5 | $16,000 | $80,000 | $21,000 |
| Howbaddouwantit | 4 | $15,875 | $63,500 | $38,000 |
Leading First Season Sires by Average (3 or more sold)
| Sire | Sold | Average | Aggregate | Top Price |
|---|---|---|---|---|
| Danroad | 4 | $24,000 | $96,000 | $46,000 |
| Chianti | 5 | $22,200 | $111,000 | $40,000 |
| Captain Rio | 4 | $20,750 | $83,000 | $45,000 |
| Ishiguru | 4 | $16,750 | $67,000 | $31,000 |
| Gold Mine | 7 | $16,179 | $113,250 | $36,000 |
| Occidental Tourist | 5 | $15,000 | $75,000 | $22,000 |
| Le Bec Fin | 5 | $14,400 | $72,000 | $32,000 |
| Rusty Spur | 11 | $10,227 | $112,500 | $21,000 |
Leading Vendor by Aggregate
| Vendor | Sold | Aggregate | Average | Top Price |
|---|---|---|---|---|
| HALLMARK STUD | 11 | $231,750 | $21,068 | $40,000 |
| TE RUNGA STUD | 12 | $224,750 | $18,729 | $38,000 |
| TOTARA PARK STUD | 19 | $156,050 | $8,213 | $21,000 |
| NEWMARKET LODGE STUD | 10 | $135,500 | $13,550 | $35,000 |
| BRIGHTHILL FARM | 9 | $124,500 | $13,833 | $28,000 |
| FAIRDALE STUD | 6 | $103,250 | $17,208 | $38,000 |
| CURRAGHMORE STUD | 4 | $102,500 | $25,625 | $63,000 |
| SEATON PARK | 6 | $83,750 | $13,958 | $27,000 |
| WOODRIDGE FARM | 7 | $77,500 | $11,071 | $28,000 |
| MARTINDALE STUD | 2 | $76,000 | $38,000 | $46,000 |
Leading Vendor by Average (3 or more sold)
| Vendor | Sold | Average | Aggregate | Top Price |
|---|---|---|---|---|
| CURRAGHMORE STUD | 4 | $25,625 | $102,500 | $63,000 |
| HALLMARK STUD | 11 | $21,068 | $231,750 | $40,000 |
| BLOOMSBURY STUD | 3 | $20,333 | $61,000 | $30,000 |
| TE RUNGA STUD | 12 | $18,729 | $224,750 | $38,000 |
| MR PJB & MRS BC SMITH | 3 | $18,667 | $56,000 | $24,000 |
| FAIRDALE STUD | 6 | $17,208 | $103,250 | $38,000 |
| SEATON PARK | 6 | $13,958 | $83,750 | $27,000 |
| JK FARM | 4 | $13,875 | $55,500 | $23,000 |
| BRIGHTHILL FARM | 9 | $13,833 | $124,500 | $28,000 |
| NEWMARKET LODGE STUD | 10 | $13,550 | $135,500 | $35,000 |