Lower End of Market Also Strong at Keeneland
Updated: Saturday, September 23, 2006 8:37 PM
Posted: Saturday, September 23, 2006 8:02 PM
The top of the market was up, the middle market increased, and now the bottom end of the Keeneland September sale is showing signs of intense strength.
The 12th session of the 14-day sale was up - in gross, average, and median - and featured two horses that brought six figures.
The September sale, which already set a record as the highest grossing auction of any kind in history, saw 280 yearlings sold Saturday for $4,757,800, an average of $16,992 and a median of $11,000.
The average was up 14.2% and the median increased 10% from the corresponding 2005 session when 249 lots grossed $3,703,600 to post an average of $14,874 and a median of $10,000.
During the 12 days, Keeneland has sold 3,147 youngsters for $396,116,800, an average of $125,871 and a median of $55,000. Through 12 sessions last year, 3,168 yearlings had been sold for $380,801,000, an average of $120,202 ande a median of $47,000.
The top price Saturday was $170,000 for a colt by Hussonet out of the Wild Again mare Hancock. The colt is from the family of grade I winner and producer Weber City Miss.
Consigned by Gracefield, he was purchased by Bloodstock Management.
Gracefield also sold the second highest-priced yearling of the day, a colt by Zavata
out of the Wolf Power mare Tiwa Wolf E F. The colt's dam is a half-sister to stakes winner Exclusivengagement. He was purchased by Sam Semkin, agent for Jon Kelly.
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