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Losses Moderate at Arqana Yearling Sale

The Arqana December yearling sale in Deauville, France, enjoyed a victory of sorts when it suffered moderate losses in gross revenue and average price instead of experiencing the huge setbacks that have plagued many other recent auctions. The gross was down 12.3% from a year ago, and the average fell 10.7%. However, the median price dropped 33.3% Dec. 9.

 Tuesday, December 09, 2008