A Strategic – Passerine filly brought Aust$30,000 ($30,895 in U.S. funds) Jan. 17 to top the sixth and final session of the Magic Millions Gold Coast yearling sale in Australia. Dayle Grieves purchased her from Lyndhurst Stud Farm, agent.
The results for the session included a gross of Aust$423,650 ($436,283) for the 75 horses that were sold. The average price was Aust$5,649 ($5,817) and the median price was Aust$3,000 ($3,089). The clearance rate was 84.3%.
A racehorse sale also was held and Embarrassed was the most expensive horse at Aust$57,000 ($58,700). Kim Loxton bought the 5-year-old gelded son of Exceed and Excel from Sheikh Mohammed's Darley operation.
Produced from the Redding mare Flushed, Embarrassed has won three of his 10 career races. He has finished second twice and third once.
"It's been a big week of selling on the Gold Coast and the entire sale has been a great success," said Magic Millions managing director Vin Cox. "As was the case over the first five sessions of the yearling sale, it was really pleasing to see the clearance rate for both sessions today so strong.
"The racehorse sale later this afternoon was quite strong with buyers from around the country competing for a lovely lineup of top prospects," Cox added.