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Gross, Average Increase Sharply at American Equine's Juvenile Auction
Date Posted: 6/6/2002 1:50:57 PM
Business increased sharply at American Equine Sales' juvenile auction, which was conducted on Tuesday at the Alameda County Fairgrounds in Pleasanton, Calif. The 36 horses sold grossed $483,400 and averaged $13,428. The median was $10,250. Compared to a year ago, the gross, average, and median were up by 61.8%,34.8%, and 28.1%, respectively. This year's buyback rate was 40%, with 24 of the 60 horses offered failing to find new homes.Smokette, a daughter of Smokester, brought the high price of $39,000. Consigned by Blue Sky Training Center, agent, she was purchased by Rancho San Miguel. Smokette was produced from a half-sister to grade III winner Black Jack Road.
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