Topped by a Danzig season sold for $280,000, Equine Spectrum.com bloodstock exchange kicked off its online auctions on a successful note Wednesday. Equine Spectrum, a venture formed by breeding farms and bloodstock agencies, reported 21 of the 24 listed nominations were sold. With more than 80 bidders from North American and Europe participating, the sale grossed $1,321,500 for an average price of $62,928. Nicoma Bloodstock was listed as buyer of the Danzig season.
"We proved that the Internet auction venue works when you have quality product and people from all over the world can participate on even footing," said Equine Spectrum executive director Tom Biederman.
An unnamed buyer paid second-highest price of $150,000 for a Fusaichi Pegasus season. A $324,000 bid for a Seeking the Gold season was rejected to top the three nominations that did not meet their reserve prices.
(Complete results, Equine Spectrum.com