Gross Increases During Fasig-Tipton Midlantic Sale's First Session
Updated: Monday, December 5, 2005 8:58 AM
Posted: Monday, December 5, 2005 8:58 AM
The Fasig-Tipton Midlantic December mixed sale opened Sunday in Maryland with a gross that exceeded last year's first session total, but the average and median prices both suffered setbacks.
The 201 horses sold brought $1,759,400, which was up 18.6% from last year's figure of 1,483,800 when 149 horses were sold. The average price was $8,753, down 12.1% from $9,958 in 2004. The median dropped 28.8%, from $5,200 last year to $3,700 this year. The buy-back rate rose from 27.3% to 33.7%.
Your Out, a 7-year-old multiple stakes-winning daughter of Allen's Prospect, brought the top price of $140,000 while in foal to Lion Hearted
. John T. Crane Jr. purchased her from Country Life Farm, agent for Eugene Ford. Your Out was produced from the Fast Play mare Our Friend Hidayet, an added-money winner who is a half-sister to stakes winner Carrolls Favorite (by Allen's Prospect). Your Out is a half-sister to stakes-placed In the Cups (by Two Punch).
Approve, a half-sister to grade II winner Best of Luck (by Broad Brush), sold for the session's second-highest price of $100,000 while in foal to Two Punch. An 11-year-old daughter of Deputy Minister, she was purchased by Green Willow Farms from Walnut Green agent. Approve is the dam of stakes-placed Xtra Heart (by Favorite Trick
The second and final session of the sale is Monday.
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