(Edited Magic Millions press release)
The Magic Millions national sale ended June 11 on Australia's Gold Coast with the final session for the yearling portion of the auction and a session for racehorses.
The 63 yearlings that sold grossed Aust$343,500 (approximately $276.717 in U.S. funds) and averaged Aust$5,452 ($4,392). The clearance rate was 79%.
A Canadian Silver --Northern Friends filly brought the top price of Aust$32,000 ($25,779). Max Lang, buying under the name of Silvertaire Lodge, signed the sale ticket for the filly, which was offered by Lyndhurst Stud Farm.
The 23 horses that sold during the racehorse session grossed Aust$231,000 ($186,089) and averaged Aust$10,043 ($8,090). The clearance rate was 88.5%.
An unraced 2-year-old son of Zabeel, consigned by Oakwood Farm, was the most expensive horse sold, bringing Aust$50,000 ($40,279) from Victorian trainer Peter Morgan. The colt is the third living foal out of the Thunder Gulch mare Thunder Hood, an unraced full sister to group I winner Shot of Thunder.
"It's been a big couple of weeks selling," said Magic Millions managing director David Chester. "Taking all things into account, I am happy with how the sale went, and, importantly, the clearance rates remained extremely strong. To have set an all-time Magic Millions record with the sale of Princess Coup for Aust$3 million ($2,416,740) in the current climate is a great result. Quality horses at the sale were the subject of strong interest from buyers across all sections of the sale."