The New York Breeders' Sales Co.'s inaugural yearling sale at the Yaddo show grounds in Saratoga Springs, N.Y. came to a close Friday evening, with 112 yearlings being reported as sold over the two-evening run for a gross of $1,254,800, good for an average of $11,204.
The second evening of the sale didn't match the fire power of the first night, which produced a $150,000 daughter of Not For Love
. The highest-priced offering Friday evening was $43,000 for a filly by Well Noted
. Out of the Cutlass mare Creed's Lass, the chestnut was purchased by Patrick Minogue. She was consigned to the sale by Monhill Farm, agent.
Friday night's totals, as reported by the NYBSC, were 53 yearlings sold for $424,200, which resulted in an average of $8,158 and a median of $4,500. There were 39 yearlings, or 40.9% of the total, reported as RNA'ed. The two-day total RNA rate was 40.4%.
"The ambiance was good, the people that came over seemed to enjoy it, and the horses that were marketable, commercial horses seemed to sell," said Harry "Chip" Landry, general manager and director of sales for the NYBSC. "We had some horses in the sale that were not bred to be commercial horses and would not have sold in any sale, but the ones that should be in a horse sale sold and sold well.
"You have to crawl before you walk but I think we got off to a rousing start," he said of the sale company's first venture into the yearling market. "Last night (Thursday night), any horse sale in the country would have been happy to have the money we had around the ring. I'm pleased with the turnout we had. Overall the results are rewarding."