Business Improves at Tattersalls Ireland Sale
by Blood-Horse Staff
Date Posted: 9/23/2010 2:45:16 PM
Last Updated: 9/24/2010 8:57:03 AM

The Tattersalls Ireland September yearling sale posted increases of 6.8% in the number of horses sold and 10.6% in gross revenue from a year ago during its two-day run, which ended Sept. 22. The average price and median price rose 3.6% and 18.2%, respectively.

“Prior to the sale we were quietly optimistic we would improve on the 2009 sale as a result of the success of our graduates on the racetrack, including Dick Turpin, Music Show, Paco Boy, and Snow Fairy,” said Tattersalls managing director George Mernagh. “We were also encouraged by the level of interest shown by buyers from the UK (United Kingdom) and European markets. The sale results have verified these predictions. We have always felt that we have the facilities and personnel here to sell quality stock at our flat sales and to attract a wide variety of buyers and those that supported us with a better class of yearling sold extremely well.”

The final results included a gross of €4,336,450 ($5,696,620 in U.S. funds) for the 426 yearlings that sold. The average was €10,179 ($13,372) and the median was €6,500 ($8,539). The clearance rate was 83.2%, up from 78.2% in 2009.

A Choisir – Filimeala filly and an Excellent Art – Jamrah colt sold for €70,000 ($91,956) apiece to top the auction. Nick Schutts purchased the filly from Norman Ormiston. Eddie Fitzpatrick bought the colt from Swordlestown Stud.
 



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