Arqana’s revamped autumn sale ended its two-day run Nov. 15 in Deauville, France with a session of yearlings. The session replaced the December yearling sale, which had followed the company’s breeding stock auction. In addition, the autumn sale was moved from its former site, Saint-Cloud.
The 164 yearlings that were sold grossed €1,332,500 ($1,826,420 in U.S. funds) and averaged €8,125 ($11,137). The median was €5,000 ($6,853). The clearance rate was 65.1%.
In addition, seven yearlings were sold privately, grossing €12,250 ($16,791).
A Sharmardal colt brought the top price of €72,000 ($98,688). Sylvain Vidal purchased him from Haras de la Perelle.
The colt is the first foal out of the winning Oasis Dream mare Afya, who finished third in the 2008 Prix de Bagatelle.
“I think the results are satisfactory for a third book of yearlings, particularly the clearance rate, which has improved compared to last year’s December yearling sale,” said Arqana president Eric Hoyeau. “The synergy with the horses in training has worked well, as shown by the active presence today of buyers such as Highflyer, Margaret O’Toole, Harold Kirk, and Nick Willimas, as well as of investors from Central and Eastern Europe, who bought horses of both categories. However, I think that there would have been more potential if we had been able to offer a larger number of quality individuals with NH (National Hunt) profiles. We shall be working in this direction for next year.”
The auction began Nov. 14 with a session for horses in training and stores. The combined results for the two days included a gross of €5,197,500 ($7,124,060) for the 300 horses that were sold. The average was €17,325 ($23,747), and the median was €7,000 ($9,575). The clearance rate was 70.4%.
In addition, 12 horses were sold privately for €128,250.