Australia’s leading sire, Encosta de Lago zoomed to the top of the sires table at the National Yearling Sale on the Gold Coast with three of his youngsters topping the second session on Monday.

Patinack Farm bought the top lot of the sale - a colt from the Group One winning mare Ellicorsam - for $320,000.

Offered for sale by Willow Park Stud, the Encosta de Lago colt was one of the most admired lots of the auction and Patinack’s Rick Connolly was able to outbid local agent Grant Morgan.

“He’s a really nice colt,” Connolly said. “He’s got plenty of scope and we thought he was the top colt of the sale.”

“He’s from a Group One winner and could become a top sire prospect.”

“Overall he was a great mover and looked a top prospect and we’re delighted to be able to have bought him,” he summed up.

Earlier in the day Morgan tried to buy a filly by Coolmore’s son of Fairy King  from Golden Slipper winner Calaway Gal - again he missed out being the underbidder - this time to New Zealand’s David Ellis.

The Newgate Farm offering sold for $280,000.

“In life if you want to make a business out of buying horses the real goal is to buy a colt or filly by a champion sire or out of a champion mare that looks a real athlete,” Ellis told Greg Irvine.

“With this horse you get all three. She’s by the champion sire of the country and from a Golden Slipper winner.”

The filly will be sent across the Tasman and she will join the powerful Te Akau stable fronted by record breaking trainer Mark Walker.

Ellis said the National Sale had been a happy hunting ground for him over recent years.

“I’ve purchased two Group One winners from this sale in recent years - Princess Coup and Tell a Tale. We’ve also bought a couple of other handy ones.”

“It’s been a great sale for us and we enjoying coming over each year.”

Leading South African based bloodstock agent Andy Williams, buying under his World Wide Bloodstock outfit was busy again - taking his two day spend to over $1.34 million.

His feature purchase today was the half sister by Rock of Gibraltar to Group One winner Arlingtonboulevard for $100,000.

The strong selling and a record number of international purchases helped push the two day sale gross to over $10.4 million - up a staggering 89 per cent on last year’s figures.

The average price of $36,148 soared 63 per cent on the corresponding sale twelve months earlier.

And the clearance rate of 73 per cent yesterday, climbed to finish at 79 per cent for the entire sale with an over 80 per cent clearance today alone.

The top price of $400,000 wasn’t matched however Magic Millions Director David Chester was a happy man telling Irvine, “What an amazing two day’s selling,” 

 ”The figures achieved have exceeded my expectations - although they didn’t surprise me completely.”

“Our team spent so a lot of time trying to ensure we had a large number of clients across all levels of the market.”

“And when you cast your eyes over the results you’ll see what a broad cross section of buyers we have from right around the world.”

“It’s something I’m quite proud of - Magic Millions being a true international thoroughbred sales company.”

“Andy Williams (World Wide Bloodstock) from South Africa and Willie Leung (Magus Equine Ltd) from Hong Kong were exceptionally active and they secured some lovely youngsters.”

“We also had a number of well known Australia trainers amongst the buyers as well - it was great to see so many of our loyal clients at the sale picking up their next racetrack star,” Chester added.

SESSION TWO TOP SELLERS

$320,000 - Encosta de Lago-Ellicorsam colt
Vendor: Willow Park Stud (As Agent) / Buyer: Patinack Farm (NSW)

$280,000 - Encosta de Lago-Calaway Gal filly
Newgate Farm (As Agent) / David Ellis (NZ)

$220,000 - Encosta de Lago-Twyla colt
Newgate Farm (As Agent) / Dermot Farrington (Ireland)

$200,000 - Fastnet Rock-Storm Fille colt
Redbank North (As Agent) / Peter Moody Racing (Vic)

$140,000 - Stratum-Vahine colt
Yarraman Park Stud (As Agent) / Peter Morgan (Vic)

$120,000 - Anabaa-Clever Pins colt
Glenlogan Park (As Agent) / Magic Millions as agent (Qld)

$120,000 - Encosta de Lago-Heavenly Dreamer filly
Newgate Farm (As Agent) / Magic Millions as agent (Qld)

$110,000 - More Than Ready-Happy Play filly
Baramul Stud / Graeme Rogerson (NSW)

$105,000 - Dehere-Arid Miss colt
Emerald Thoroughbreds / Magic Millions as agent (NSW)

$100,000 - Rock of Gibraltar-Golden Bridge filly
Newgate Farm (As Agent) / World Wide Bloodstock (Sth Africa)

$100,000 - More Than Ready-Hazlanded colt
Vinery Stud (As Agent) / Shane Edwards (WA)

FINAL SALE STATISTICS

Lots Sold: 289 (249)
Sale Aggregate: $10,446,750 ($5,531,000)
Average Price: $36,148 ($22,213)
Top Price: $400,000 ($220,000)
Lots Withdrawn: 46 (82)
Lots Passed: 77 (69)
Lots Catalogued: 412 (400)
Sold %: 79 (78)
LEADING SIRES - (ranked by average - 2 or more sold)

$177,222 - Encosta de Lago - 9 sold
$124,333 - Fastnet Rock - 9 sold
$105,875 - Holy Roman Emperor - 4 sold
$73,571 - Flying Spur - 7 sold
$57,222 - More Than Ready - 9 sold
$54,250 - Danzero - 4 sold
$53,700 - Dehere - 5 sold
$50,667 - Testa Rossa - 6 sold
$50,273 - Stratum - 11 sold

LEADING BUYERS - (ranked by total spend)

$1,347,000 - World Wide Bloodstock (Sth Africa) - 20 lots
$907,500 - Magus Equine Ltd (Hong Kong) - 16 lots
$555,000 - Patinack Farm (NSW) - 4 lots
$400,000 - Richard Hui (Hong Kong) - 1 lot
$345,000 - David Ellis (NZ) - 2 lots
$320,000 - Graeme Rogerson (NSW) - 5 lots
$310,000 - Dermot Farrington (Ireland) - 3 lots
$300,000 - Peter Moody Racing (Vic) - 2 lots

Tags: Coolmore, Magic Millions, Yearling Sales
Permalink| Jun 8, 2010

Comments are closed.