A Dutch Art colt sold Oct. 18 for 57,000 guineas ($96,765 in United States funds), the top price at the Book 3 session of the Tattersalls October yearling sale, which ended a two-week run underpinned by sustained demand.
The colt was offered by Paul and Sara Thorman's Trickledown Stud and bought by Michael Carty's Kilmoney Cottage Stud as a breeze-up sale prospect.
The session topper is out of the Warning mare Bye Bold Aileen, a half sister to group winner and stakes producer Life At the Top and U.S. stakes winner Sound Reasoning. The bay colt is a half brother to listed stakes winner Manston. Second dam Bold Flawless is a half sister to U.S. multiple graded stakes winner and sire John's Gold.
There were 216 sold during the single-day Book 3 session for total receipts of 2,304,300 guineas ($3,911,849), an average of 10,668 guineas ($18,110) and a median of 6,900 guineas ($11,714). Revenue was up double percentage points at 38% on the corresponding session last year, while average and median also showed healthy gains at 27.2% and 15%, respectively.
"While Book 3 caters for a different sector of the market, today's trade has mirrored the strength of Books 1 and 2 with significant gains in turnover, average, and median and equally importantly, a clearance rate above 80%," Tattersalls chairman Edmond Mahony said.
The elite Book 1 sale last week kick-started the steady demand-driven market with record-setting yearlings the first two days, both by Coolmore's leading European sire Galileo.
A Galileo colt, a full brother to Investec Epsom Oaks (Eng-I) runner-up Secret Gesture
out of the stakes-placed Danehill
, sold on day one, Oct. 8, for 3.6 million guineas ($6,084,666) to Coolmore's M.V. Magnier, the price being a European record for an auction yearling.
The Galileo filly out of stakes-placed Alluring Park, by Green Dancer, and thus a full sister to 2012 Epsom Oaks (Eng-I) winner Was sold for a 5 million guineas ($8,443,575 in United States funds), a world-record price for a filly, to Qatari Sheikh Joaan Al Thani on day two, Oct. 9.
For the two-week long sale, 1,320 of 1,628 horses offered were sold for 109,006,800 guineas ($185,053,213), and more than 110,000,000 guineas ($186,739,300) after private sales were factored in. It was a rise of 8.1% on the total from 2012. The average rose 15% to 82,581 guineas ($140,191) and the median increased 10.5% to 42,000 guineas ($71,300).
The overall clearance rate was 81.1%, an improvement from 80.4% last year.
"More than 110 million guineas has been spent on yearlings at the 2013 Tattersalls October yearling sale over the past two weeks, comfortably surpassing last year's record and yet again exceeding expectations," Mahony said.
"As ever, we are enormously grateful to our vendors who have brought the cream of the British and Irish yearling crop to Tattersalls. Their confidence in the Tattersalls October yearling sale has been matched by the buyers, who have flocked to Park Paddocks from all corners of the world.
"Record individual prices may have dominated the headlines last week, but it has been the sustained demand throughout the past two weeks which has been the real feature of the 2013 Tattersalls October yearling sale."