The Fasig-Tipton Midlantic December mixed sale, like many other auctions lately, suffered significant downturns in business. Compared to 2007, the gross plunged 43.1% Dec. 8 in Timonium, Md. However, the average price and median price experienced less severe losses, dropping 12.3% and 14.3%, respectively.
It was more of the same during the second session of the Fasig-Tipton Midlantic Eastern fall yearling sale Sept. 30 at the Maryland State Fairgrounds in Timonium, Md., as gross, average, and median took dives while the buy-back rate climbed.
If two words could sum up the thoughts of the consignors and sale company officials on the eve of the 2008 Fasig-Tipton Midlantic Eastern Fall yearling sale, those words could be 'cautiously optimistic.' The sale kicks off its three-day run Sept. 29 at the Maryland State Fairgrounds in Timonium, Md., with sessions beginning at 10 a.m.
The Fasig-Tipton Midlantic December mixed sale got off to a fast start Sunday, with the gross revenue, average price, and median price all sprinting ahead of last year's pace during the opening session at Timonium in Maryland.
A Silver Deputy colt set a record for a horse sold at public auction in Maryland when he brought $500,000 Tuesday during the second and final session of the Fasig-Tipton Midlantic Eastern fall yearling sale at Timonium.
Fasig-Tipton Midlantic's July sale of 2-year-olds in training and older horses of racing age will not be held this year.
The Fasig-Tipton Midlantic December mixed finished its two-day run in Maryland Monday with increases in gross revenue, average price, and median price.
The gross revenue and average price suffered sharp declines, but the median price held steady during the Fasig-Tipton Midlantic December mixed sale, which ended its two-day run on Tuesday in Maryland.
The Fasig-Tipton Midlantic Eastern fall yearling sale got off to a solid start Monday when 10 horses brought individual prices of $100,000 or more.
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