Tattersalls Sale Enjoys Big Gains
Updated: Wednesday, July 19, 2006 2:43 PM
Posted: Saturday, July 15, 2006 10:46 AM
(Edited Tattersalls press release)
The Tattersalls July breeze-up sale concluded in England Friday with records across the board. The final day of trade saw 70 lots sold for a gross of 739,500 guineas, an average of 10,564 guineas, and a median of 6,250 guineas. Over the four days of the sale, 623 lots were sold for 12,188,100 guineas, a rise of 93% on the 2005 sale turnover, while the average rose 34% to 19,564 guineas and the median rose 19% to 10,750 guineas.
The top priced lot for the day was Lovely Hidenka, consigned from Clive Brittain's Carlburg Stables, who was knocked down to Newmarket-based agent Richard Frisby for 100,000 guineas. The 3-year-old daughter of Fusaichi Pegasus is out of the Mt. Livermore mare Eliza, who was North America's champion 2-year-old filly in 1992 and is a half-sister to the Santa Anita Derby (gr. I) winner Dinard.
Frisby secured the filly after seeing off the efforts of agents Dick O'Gorman and Dermot Farrington and indicated that she was purchased for Ptarmigan Bloodstock, the enterprise investment scheme company set up with David Loder. It has been a busy week for Frisby who purchased six lots in all for 578,000 guineas.
"The progress made by the July sale in recent years has been little short of phenomenal, and the trade this week has again exceeded all expectation," said Tattersalls chairman Edmond Mahony. "The turnover at this sale has rocketed in the last few years, and it is amazing to consider that only five years ago the sale aggregate was just over 2,500,000 guineas, and this year it has exceeded 12,000,000 guineas, almost double last year's record of 6,300,000 guineas.
"The key to the July Sale's progress has been the support of the vendors and their confidence in the sale has again been richly rewarded. This was the largest July catalogue ever and more than matched by the quality which has been reflected not only in huge rises in average and median, but also 20 six figure lots as opposed to three at the 2005 July Sale. The consignments from the major owner/breeders have again attracted buyers from throughout the world who have been active at all levels of the market, and the depth to the demand has been demonstrated by an impressive clearance rate of over 90%."
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