News

96% Sold At Melbourne December Sale

13th Dec 2013

Buyers took a liking to the pre-Christmas offerings at the Inglis Melbourne December Thoroughbred Sale on Friday snapping up 96 percent of the breeding and racing stock offered through the Oaklands ring.

“Quality racing stock are always in high demand and today we had a good class offering with four of the top five lots being geldings with racing potential,” said Inglis Melbourne Director Peter Heagney.

In total 156 lots were sold today at an average of $9,357, up 35 percent on last year. The median price of $4,500 was up 38 percent on the 2012 figure.

The top four priced lots were all sold from the ever popular Darley draft. Lot 98 Negociant (by Street Cry) provided the highest price when selling for $87,500 to a client of Inglis’.

Saltanitri Racing picked up Lot 82 Howdah (by Exceed And Excel) and Lot 105 Yulalona (by Dubai Destination) for $66,000 and $60,000 respectively. Pictured right is Yulalona winning the Group 3 ATC Summer Cup carrying Darley’s silks.

Rounding out Darley’s top four was Address (by Commands) which was purchased by T B Ooi of Malaysia for $60,000.

In all Darley’s 22 offerings were sold for $601,750, resulting in an average price of $27,352.

There was plenty of great buying amongst the breeding stock at this year’s December Sale. Adrian Hall picked up young Group 3 placed mare Testa Reale (by Testa Rossa) with a Duke Of Marmalade filly at foot for $35,000.

Total gross receipts for this year’s Melbourne December thoroughbred Melbourne August Thoroughbred Sale totaled $1,459,750.

Broodmares, yearlings, unbroken and racing stock that passed-in during the two day sale are available for purchase via the Inglis Make An Offer service.

Melbourne December Thoroughbred Sale

| 2013 | 2012 | Change : ----- | ------ | ----- | ----- : Lots Catalogued | 223 | 221 | +1% Offered | 163 | 193 | -16% Sold | 156 (96%) | 183 (95%) | Gross | $1,459,750 | $1,265,450 | +15% Average Price | $9,357 | $6,915 | +35% Median Price | $4,500 | $3,250 | +38% Top Price | $87,500 | $87,000

For more information or Inglis' sales dates for 2014 go to www.inglis.com.au