A filly by Musket (Redoute’s Choice) topped the 2012 Magic Millions Tasmanian Yearling Sale that ended with a record clearance rate in Launceston on Tuesday.¬†Almost 80 per cent of the 111 lots offered were sold, headed by the Musket filly at $60,000.
Offered for auction by Alva Stud, as agent for breeder Geoff Hillier, the filly was purchased by local buyer Semba Pty Ltd.¬†She is first living foal of the Tasmanian Guineas winner Di’s Angel – a daughter of Racer’s Edge who earned over $177,000 during her racetrack career.
Another first season sire, Belong to Me’s Group One winning son Bon Hoffa, provided the day’s second top seller – the filly from Antonia’s Gold.¬†Star Thoroughbreds’ Denise Martin, bidding on the phone through David Chester, purchased the chestnut filly from the Brooklyn Lodge draft for $55,000.
The sale grossed $1,024,500 on 88 lots sold at an average price of $11,642, both those figures slightly down on 2011.
“The success of a sale can be seen through the clearance rate,” Magic Millions Managing Director Vin Cox reported.”It was an extremely good day’s selling and for the clearance to rise from under 64 per cent to almost 80 is phenomenal.”
“Traditionally this sale has returned lower selling rates – but today it was different with a healthy buying bench from around Tasmania and the mainland competing for some top racetrack prospects.”
“The breeders and vendors did a great job presenting the yearlings on offer and there was spirited bidding on a number of lots.¬†Credit must go to the Tasbreeders – in particular Angela Armstrong who was representing that organisation for the first time.”
“The Magic Millions team headed by Tim Brown and Tony Williams and auctioneers David Chester and Grant Burns also should be congratulated.”
“All in all it’s been a great day’s selling and everyone who played their part should be duly recognised and thanked,” Cox said.
SALE STATISTICS
(2011 in brackets)
Lots Catalogued: 115 (160)
Sale Gross: $1,024,500 ($1,243,250)
Average Price: $11,642 ($12,558)
Median Price: $7,000 ($10,000)
Top Price: $60,000 ($62,000)
Lots Sold: 88 (99)
Lots Withdrawn: 4 (5)
Lots Passed In: 23 (56)
Sold %: 79.3% (63.9%)