News

Post Sale Service Provides Equal Sale Topper at Newmarket

3rd Jul 2008

A clearance rate of more than 90% highlighted today’s Inglis Winter Thoroughbred Sale, where more than $1million was traded.

Overall, 193 horses sold for $1,027,350, with a top price of $70,000 achieved twice throughout the day.

Grand Lodge mare Tiffin (ex G2 placed Discriminate, by Marauding) was sold in foal to Zeditave for that amount, carrying a three-quarter relation to her stakes winning half-siblings Major and Happen.

Three-year-old filly Burleigh Sky (Hurricane Sky-Alkimiyah, by Chromite) was the other $70,000 sale topper today after originally being passed in through the ring.

But the half-sister to this season’s dual stakes winner Litter was later sold using William Inglis’ Post Sale Service, where offers on passed in horses can be made online and sent to an Inglis agent.

Online bidding also played a big part in today’s sale, with 18% of the Lots attracting an online bid and 5% selling online.

Other highlights today included $67,500 for an Al Maher yearling filly from the Sir Tristram mare Abbotswood.

All yearlings sold today are eligible to enter the Inglis Race Series and contest the Scone Challenge.

“It was a very pleasing day of trading at Newmarket today, highlighted by the extremely high clearance rate, which underlines the strength of the market and demand for tried horses,” Inglis Managing Director Mark Webster said.

“It is also great to see buyers embracing the new technology we have implemented this year, with both online bidding and our new post sale service providing vendors with more opportunities to sell their horses.”

Attention now turns to the looming deadline for nomination into the 2008 William Inglis Yearling Sale series.

Breeders are reminded that nominations for the Classic, Premier, Easter and Autumn Yearling Sales close on August 1.

Entry forms for those sales can be downloaded HERE.

The next Inglis Sale is the Melbourne August Thoroughbred Sale at Oaklands in Melbourne, which has attracted an entry of more than 400 horses. Owing to the outstanding response, this sale will now be held over two days, beginning a day earlier on Thursday August 14 and concluding Friday August 15.

That sale will be followed by the Scone Broodmare Sale on August 29, with nominations for that sale closing on July 18.

Sale Statistics - Lots 1 to 251

Lots Catalogued

251

Gross Value

$1,027,350

Lots Sold

193

90.2 %

Top Price - Lot 13

$70,000

Lots Passed In

21

9.8 %

Average Price

$5,323

Lots Withdrawn

37

14.7 %

Median Price

$2,500