Australian Easter Yearling Sale Closes With a Bang

Australian Easter Yearling Sale Closes With a Bang
Photo:
Danehill, the sire of a record-setting filly at Inglis Easter sale.
The Australian Eastern yearling sale ended with a flourish Thursday as three horses each sold for more than $1 million (approximately $534,000 in U.S. funds). A daughter of Danehill equaled the record high price for the sale and set a new standard for a filly when she brought $1.5. million ($801,000).

Produced from the winning Assert mare Sommes Sound, the filly is a half-sister to Australian champion Assertive Lad (by Zeditave) and to Luskin Sound (by Luskin Star), a multiple group I winner in Australia. Irish veterinarian Demi O'Byrne purchased her from Brian and Judy Marheine's Stratheden Stud.

"Fillies like her just don't come along every day. She's awesome!" declared Judy Marheine, who was shaking with joy.

A Danehill---Verocative colt sold for $1.4 million ($747,600), and a Sunday Silence--Tinaca colt brought $1.1 million ($587,400). Gooree Stud purchased the Danehill colt from Ron Gilbert of Highgrove Stud. New Zealand bloodstock agent Rob McAnulty bought the Sunday Silence colt from Arrowfield Stud, agent.

"He;s a lovely colt, but honestly, I'm just so happy to get him here and in one piece," Gilbert said of the Danehill colt. "Million dollar horses are very rare, and I'm thrilled to have bred one of them."

The totals for the sale were 404 yearlings sold for gross revenue of $64,955,000 ($34,685,900). The average price was $160,780 ($85,857), and the median price was $110,000 ($58,740). The gross and average both were down by 3.8% from a year ago. The median was down by 8.3%. The buy-back rate was 19% this year compared to 13% last year. Four yearlings sold for $1 million ($534,000) or more. Five offspring of leading Japanese sire Sunday Silence sold for an average of $820,000 ($437,000).

"Amid all the high prices and a strong international presence, it was wonderful to see two of our smaller vendors producing the highest-priced colt and filly of the sale," said Reg Inglis, managing director of William Inglis & Son. "The huge success of the Sunday Silence horses has been a real highlight this year."

According to a press release issued by the sale company, the "tremendous finale has done much to raise confidence in the Australasian breeding industry following a somewhat hesitant start to the year."

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