Fasig-Tipton Midlantic Sale Posts Record Gross; Silver Deputy Filly Sells for $450,000
Updated: Wednesday, June 2, 2004 2:25 PM
Posted: Tuesday, May 18, 2004 4:46 PM
Photo: Lydia Williams
Silver Deputy filly gets top price for juvenile at Fasig-Tipton sale.
The two-day Fasig-Tipton Midlantic 2-year-olds in training sale ended Tuesday with a record gross and increase in average price. The sale's final numbers were helped by record price for a juvenile when bloodstock agent Buzz Chace went to $450,000 for a daughter of Silver Deputy
Fasig-Tipton reported that 354 horses were sold for a gross of $13,227,800, an average of $37,367, and a median of $22,000.Compared to the results from 2003, the gross increased 35%, while the average increased 23%. The median remained unchanged. Last year 322 horses were sold for $9,805,300, an average of $30,451.
The buy-back rate decreased from 29% last year to 23% this year.
"This is an example of the continuation of the tremendous 2-year-old market that we've seen all year," said Boyd Browning, executive vice president and chief executive officer of Fasig-Tipton. "The nicest thing about this sale was the interest at every level. That is very encouraging."
Chace purchased the filly for long-time clients Charles and Marianne Hesse. Dan Pride of Darely at Jonabell, bidding on behalf of international bloodstock agent John Ferguson, was the immediate underbidder. Ferguson purchases horses on behalf of Sheikh Mohammed.
"She was the star of the sale, and just an overall nice horse," Chace said. "She looked like a forward kind of filly, very professional. Silver Deputy foals can really run and she certainly looks the part."
Chace said the filly is headed to Belmont Park with trainer Todd Pletcher.
The filly was consigned by Niall Brennan Stables, agent. Mike Ryan had originally purchased the filly for $75,000 at the 2003 Keeneland September yearling sale.
"I really didn't know she would bring that much," Brennan said. "I knew she was really special and breezed really well (:21 3/5). When you have a filly that breezes like that combined with her pedigree you have a lot of confidence."
Liberation Farm and Oratis Thoroughbreds bred the filly in Kentucky from the Jolie's Halo mare Livia, who is a daughter of Peruvian group I winner La Chaposa, and from the family of grade I winner and sire You and I and grade I winner Chaposa Springs.
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