Equine Spectrum's Wednesday Internet sale proved a disappointment when most of the 36 horses and six stallion seasons offered failed to meet their reserve prices.
"We will sort through the results," said Dan Kelliher, the company's executive director. "Obviously there is work to be done in order to put us back on track towards realizing sales averages of $64,000 and $142,000 that were achieved during previous events."
The four horses and one stallion season that sold grossed $64,000. The highest price was the $38,000 brought by the 4-year-old Argentine-bred filly Che Negrita (Ibero--Amaze Me Grace, by Explodent). She has won six of her 13 starts in Peru.
According to Kelliher, sellers may have set some reserve prices unrealistically high, but he remained optimistic that there is a place for online sales.
"We know that there is a place for Internet-based tools such as Equine Spectrum," Kelliher said. "For example we were thrilled to assist in the sale of Che Negrita from the racetrack in Peru to a buyer in Belgium."
The dams of current 3-year-old stakes winners Repent, Ethan Man and Request for Parole as well as siblings to Buddha, Harlan's Holiday, Mayakovsky, and Fonz's were cataloged in the sale.