Keeneland's January horses of all ages sale got off to a solid start on Monday. The number sold, gross revenue, and average price all experienced big increases from last year's first session. The buy-back rate declined significantly. And the second-highest price in the auction's history was recorded when Breeders' Cup Sprint (gr. I) winner Desert Stormer (in foal to Kris S.) sold for $3.6 million.
Keeneland's January horses of all ages sale begins on Monday (Jan. 7) with 1,392 lots cataloged for the four-day auction. Sessions start at 10 a.m. (ET) daily.
Keeneland's 2002 January horses of all ages sale will be 30% smaller than it was in 2001. The catalogue has 1,392 lots compared to this year's record total of 1,992. The auction's 2002 edition will run for four days, Jan. 7-10. In 2001, the sale was six days long.
Gross sales totaled $39,657,700 for 1,207 horses during Keeneland's six-day January Horses of All Ages Sale which ended Saturday afternoon. It was the fifth highest total in the history of the auction but short of the $60,951,200 paid for 1,239 horses and two stallion shares a year ago in January. This year's average was $32,856 compared to $49,183 in 2000.
Advanced Edition, a stakes-placed 4-year-old, brought a top price of $115,000 during Friday's session of Keeneland's January Horses of All Ages Sale. Harold Loewenstine, Jr. bought the bay colt by Bertrando out of Irish Anthem by Kleven. Advanced Edition finished third in the Hawthorne Juvenile Stakes as a 2-year-old and second in the Kentucky Colonel Stakes last year at three.
Queen of Norway, a 5-year-old chestnut mare by Woodman out of Qena, by The Minstrel, was purchased by agent John Warren for $400,000 as the top price during Wednesday's session of Keeneland's January Horses of All Ages Sale. At the halfway point of the six-day auction, 628 horses have been sold for $33,034,200, an average of $52,602.
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