OBS Mixed Sale Wraps Up on Positive Note
Updated: Friday, October 17, 2003 1:28 PM
By Ryan Conley
Posted: Thursday, October 16, 2003 8:00 PM
Bolstered by large final-session percentage increases in both average and median, the Ocala Breeders' Sales Company's Fall Mixed Sale ended Thursday with across the board increases in nearly every category except buy-back rate.
A total of 198 horses sold for $957,600 in the last of two open sessions held in the four-day sale, yielding increases in average of 28.7% to $4,836 and in median of 40.9% to $3,100 when compared to the same session last year.
Thursday's sale-topper was a Delaware Township weanling colt out of Kevin and Jessica Hartigan's Cashel Stud consignment. He was purchased for $39,000 by the partnership of Michelle Redding's Grey Dawn Stables and Ennis Ranch of Dade City, Fla. Cashel Stud also claimed the top-selling broodmare when the Known Fact mare Facts of Love, who is in foal to Trippi, sold to Raymond L. Buse, Jr. for $20,000.
The combined buy-back rate for the two open sessions dropped from 31.4% last year to 19.6% this year.
"People were moving horses," said OBS director of sales Tom Ventura. "The better weanlings did well whether they were in open or preferred."
The two open sessions followed a pair of consignor preferred sessions on Monday and Tuesday that produced a combined average of $16,710, an increase of 23.3% over last year, and a median price of $10,000, which was up 17.6% over last year.
Ventura said the strong performances by first- and second-crop stallions was the catalyst for the entire sale.
"Look at the sires of weanlings who did well," he said. " By and large, they were from new stallions, and they were well received here."
Included in that grouping of new stallion efforts was a $110,000 weanling filly who came from the second crop of Yes It's True, purchased by Take One Bloodstock, the leading buyer at the two preferred sessions with buys totaling $223,500.
Three other horses eclipsed the $100,000 mark, including the top overall sale price of $145,000 for a Tale of the Cat weanling filly purchased by agent Buzz Chace out of the Celebrity Farm consignment.
The top selling mare was Lori's Luck, who was sold in foal to Hennessy out of the Celebrity Farm consignment to Marion Montanari for $125,000. Stakes winner Sabre Dance, who was in foal to Montbrook, sold to Gainesway Farm for $105,000 out of The Acorn LLC consignment representing a complete dispersal for the estate of the late Alan Drey.
Next on the OBS agenda is the Winter Mixed Sale, scheduled for January 19-22, the Selected Sale of Two-Year-Olds at Calder on February 3, and the Week of Champions Races and Sale of Two-Year-Olds in Training, set for March 15-17.
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