Numbers Still Strong As Keeneland November Sale Rolls Along

Numbers Still Strong As Keeneland November Sale Rolls Along
Photo: Anne M. Eberhardt
Consignors enjoy the success of Keeneland Breeding Stock sale.
The crowd appeared to thin out a bit at Wednesday's session of the Keeneland November Breeding Stock sale, but it wasn't any easier for buyers to get a foot in the door. A number of potential buyers were still getting shut out of the bidding for broodmares and weanlings as the 11-day sale wrapped up its third day.

The gross and average price for the third session were up at least 10% from the 2002 figures, and the overall sale is up 24% in average compared to this point last year. On Wednesday, 240 horses sold for $25,448,000, for an average of $106,033, with a median of $86,000. A total of 76 horses did not meet their reserve, which equaled 24.1% of the 316 horses offered Wednesday.

On the same day last year, 245 horses sold for $23,084,500, averaging $94,222, with a median of $70,000. The biggest gain this year was in the median category, with a 22.9% jump from the 2002 figure, but average on this day rose 12.5% from last year and gross was up 10.2%.

"I think we came in a couple of days too early," said Chris Bernhard of QuestRoyal Stable. "We typically like to buy in the $35,000 to $75,000 market and the horses in these early sessions are not in our price range. I don't think we've gotten within $25,000 to $35,000 of being able to purchase a horse. I was anticipating the market to be very strong and solid at the top but not like this. On the other side, we sold a colt yesterday for $500,000 and we have a couple more babies to sell. It's tough for us to buy, but I am glad we are selling with the market this good."

"It's a good sale, if you're selling," said Mike Robbins of M.R. Thoroughbreds. Robbins was looking for weanlings in the $25,000-$50,000 range. "So far they're bringing $25,000 more than what they have in the past, some more than that. We're just going to have to find more money or buy less horses, but I'd rather see this than no interest."

Wednesday's high price of $425,000 paid by WinStar Farm for Red n'Gold, a 5-year-old stakes-winning daughter of Tabasco Cat. She was consigned by Taylor Made Sales Agency, as agent, and was sold as a racing or a broodmare prospect. The mare made all 33 of her starts for Alan Braun and Kenneth English. She won the 2002 and 2003 runnings of the Pippin Stakes at Oaklawn Park, and is a half-sister to stakes winner Debit My Account.

The second-highest price was $340,000 paid by Robert B. Trussell Jr. for Storm Runner, a 10-year-old daughter of Miswaki who is the dam of stakes winner Windward Passage (by Captain Bodgit). The mare, who was consigned by Margaux Farm, agent, was in foal to Awesome Again.

The highest-priced weanling Wednesday was a son of High Yield and the Dehere mare Here Comes Chelsie. Gerry Dilger's Dromoland Farm and Robbie and Susie Lyon's Hartwell Farm paid $335,000 for the colt, who has stakes winners Coax Chelsie and Chelsie's House in his pedigree. Fred Seitz consigned the colt on behalf of his breeder, Elmer Miller.

The three-day totals for the sale are up in all categories from the 2002 figures. This year's gross of $165,541,000 is up 22.7% from last year's total after three days, $134,944,000. The average is up 24.1%, from $220,137 in 2002, to a current $273,170, and the median has risen 22.8% to $135,000, from $110,000 at this point in 2002.

The sale continues through Nov. 13.

Leading Consignors -- Cumulative, 3 Sessions

Consignor -- Number of Head Sold -- Average -- Gross
1. Taylor Made Sales Agency -- 65 -- $424,861 -- $27,616,000
2. Mill Ridge Sales -- 21 -- $1,104,523 -- $23,195,000
3. Three Chimneys Sales -- 45 -- $468,577 -- $21,086,000
4. Lane's End -- 60 -- $195,850 -- $11,751,000
5. Eaton Sales -- 50 -- $213,940 -- $10,697,000
6. Denali Stud -- 17 -- $538,235 -- $9,150,000
7. Fred Seitz/Brookdale Farm -- 23 -- $328,913 -- $7,565,000
8. Hill 'n' Dale Sales Agency -- 24 -- $258,041 -- $6,193,000
9. Paramount Sales -- 20 -- $176,500 -- $3,530,000
10. Middlebrook Farm -- 5 -- $635,400 -- $3,177,000

Leading Buyers -- Cumulative, 3 Sessions

Buyer -- Number of Head Sold -- Average -- Gross
1. John Ferguson Bloodstock -- 5 -- $2,730,000 -- $13,650,000
2. ClassicStar LLC -- 14 -- $734,642 -- $10,285,000
3. John Magnier -- 2 -- $4,550,000 -- $9,100,000
4. Dromoland Farm -- 3 -- $2,603,333 -- $7,810,000
5. Shadwell Farm LLC -- 2 -- $3,150,000 -- $6,300,000
6. WinStar Farm, Agent -- 4 -- $1,087,500 -- $4,350,000
7. Dell Ridge Farm -- 4 -- $797,500 -- $3,190,000
8. Courtlandt Farm -- 1 -- $3,150,000 -- $3,150,000
9. Gaines-Gentry Thoroughbreds -- 10 -- $291,500 -- $2,915,000
10. Aaron U. Jones & Marie D. Jones -- 1 -- $2,900,000 -- $2,900,000

Results, catalog, additional information from Keeneland

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