WinStar Consignment Helps Boost Keeneland's Ninth Session
Updated: Wednesday, November 16, 2005 8:50 AM
Posted: Tuesday, November 15, 2005 7:05 PM
At the close of the Keeneland Breeding Stock Sale's ninth session Tuesday, the Lexington, Ky., sales company reported gross receipts of $281,046,100 surpassing last year's 12-day sales total of $279,680,200.
According to Keeneland Sales Director Geoffrey Russell, the session was boosted by WinStar's consignment of three racing prospects which brought the session's three highest prices, $290,000, $280,000, and $265,000.
"In discussing the placing of these horses, it was very important to WinStar and Elliott Walden that they were sold on a dark day because they are race horses, which is slightly different than what we normally sell," Russell said. "We purposely put them on Tuesday so we could have the trainers come up yesterday to inspect them and buy them today.It obviously worked very well with the top three prices being the WinStar consignment. It was a good exercise."
The numbers for Tuesday were:
--Gross receipts of $6,653,700 for the 239 horses sold represented a 2.7% decrease over the $6,839,600 gross when 256 horses were sold during the corresponding session in 2004.
--The average price of $27,840 was up 4.2% over the 2004 session average of $26,717.
--The median increased 9.1% to $18,000, compared with $16,500 in 2004
--The 77 horses which did not sell represented an RNA rate of 24.4%, compared with a rate of 22.7% when 75 went unsold last year, up 7.5%.
The cumulative figures for the sale were:
--The gross of $281,046,100 for 2,147 sold is up 3.5% over the $271,498,900 figure for 2,200 sold through the same period one year ago.
--The average price of $130,902 represents a 6% increase over the 2004 figure of $123,409.
--The median price of $50,000 is up 6.4% over the 2004 median of $47,000.
Not included in the reported figures above were three stallion shares sold for a gross of $3,500.
Will He Shine, a 3-year-old son of Silver Deputy
out of the Star de Naskra mare Christmas Star, brought the session's top price. Saverio Pugliese purchased the chestnut colt who is a half-brother to grade I winner Cuvee (by Carson City). Bred by Verne Winchell in Kentucky, Will He Shine won two of three career starts this year, earning $60,715.
Warrior Song, sold for $280,000, the second highest price of the session. Mike Machowsky, as agent, bought the 3-year-old colt by Unbridled's Song
out of grade I stakes winner La Gueriere. The colt is a half-brother to grade II stakes winner Lasting Approval.
Naveed Chowhan paid the third-highest price for At the Knees, a 3-year-old son of champion Anees. Out of the Compliance mare Pitchunia, At the Knees placed second in his first career start this year. He was bred in Maryland by Coolree Bloodstock, Josh Taylor, and Dr. Charles Haugh. At the Knees brought $160,000 at the 2004 Fasig-Tipton February sale.
Moving into the final three days of the sale, Russell said: "I think the sale is moving along nicely. The last horse in the ring tonight brought $140,000 and people keep saying how difficult it is to buy a nice horse. Nice foals are still bringing their premium."
The sale will continue at 10 a.m. daily through Friday.Hip-By-Hip Results from Keeneland
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