A Tale of the Cat
yearling filly brought $72,000 Tuesday as the Barretts January mixed sale ended with downturns in gross revenue and average price.
During the two-day run in Southern California, 493 horses were sold for a gross of $3,214,300, an average of $6,520, and a median of $3,500. Compared to a year ago, when 517 horses were sold, the gross and average fell 20.8% and 16.9%, respectively, while the median remained the same. In 2004, Taste of Paradise sold for a sale record high price of $425,000 and horses from The Thoroughbred Corp., owned by the late Ahmed Salman, also helped pump up the figures.
The buy-back rate dropped from 17.8% last year to 15.4% this year.
The Tale of the Cat filly was the highest-priced horses sold this year at Barretts. She is the second foal out of the 9-year-old stakes-winning Katowice mare One Number Short, who is a half-sister to Panamanian added-money winner Reuka. Sheehy Brothers Ireland bought the sale topper from Mary Knight, agent.
The results for Tuesday were 240 horses sold for a gross of $1,529,800, an average of $6,374, and a median of $3,000.