A colt from the first crop of multiple group I winner Rip Van Winkle sold for the highest price of 230,000 guineas ($386,356 in United States funds) on the second day of Book 2 at the Tattersalls October yearling sale Oct 15.
The session followed on the strong trade the previous day with five horses sold for 200,000 guineas ($335,962) more and ended with a healthy clearance rate of 89.3%.
Overall, 200 of 224 horses offered were sold for 9,561,500 guineas ($16,061,493), a 2.8% increase from the same session in 2012.
The average price of 47,808 guineas ($80,308) rose 6.9% from last year's corresponding session and a median of 36,000 guineas ($60,473) was up 2.9%.
Paul Smith bought the Rip Van Winkle colt, who is out of the winning King's Best mare Shanghai Lily, from the consignment of breeder Cheveley Park Stud. Shanghai Lily has produced two winners from three to race and is from family of U.S. grade I winner Kiri's Clown.
"We are delighted to have got him," said Smith, who was with the Coolmore team of Paul Shanahan and M.V. Magnier. Smith is the son of Coolmore associate Derrick Smith, who owned a share in Rip Van Winkle during his racing career.
"We know the stallion well and he is proving very popular," Smith said. "This horse might run in my colors."
By Galileo, Rip Van Winkle posted five wins and four seconds from 14 career starts and posted three wins at the top-level: the 2010 Juddmonte International Stakes (Eng-I) and 2009 BGC Sussex Stakes (Eng-I) and Queen Elizabeth II Stakes (Eng-I). He also finished second in four other group I races for trainer Aidan O'Brien and launched his stallion career for Coolmore.
Smith has two runners this season with trainer Roger Varian, including Kingston Hill, a 2-year-old Mastercraftsman colt, who won the Autumn Stakes (Eng-III) three days ago at Newmarket.
The price of the session-topping colt is the third-best price for a Rip Van Winkle yearling, following 400,000 guineas and 300,000 guineas spent last week at Tattersalls' elite Book 1 sale.
Standing alongside prominent owner Alan Spence, bloodstock agent Charlie Gordon-Watson went to 200,000 guineas ($335,961) to acquire the session's highest-priced filly—a daughter of Invincible Spirit.
Offered by Ireland's Ridge Manor Stud on behalf of breeder Edward O'Sullivan, the filly is the first foal out of the winning Orpen mare White And Red, a half sister to German group III winner Wild Passion.
O'Sullivan, from Ratoath in County Meath, Ireland, also bred White And Red. The young filly is the only yearling he will offer at auction this fall.
"I have a younger full sister at home and sent the dam to Invincible Spirit because he suits her conformation," O'Sullivan said. "He is also a very good sire."
Last year's champion sire of 2-year-olds, Invincible Spirit stands at Irish National Stud. The 16-year-old son of Green Desert currently ranks among the top 10 sires by progeny earnings in England and Ireland.
The Book 2 phase of Tattersalls' October yearling sale continues with the third session Oct. 16 beginning at 10:30 a.m. at Park Paddocks in Newmarket.