The select portion of the Magic Millions national weanling sale ended its two-day run May 31 in Australia with increases of 14.2% in gross and 31% in average price from the previous year.
The gross and average price each rose 45.6% from the previous year during the opening session of the Magic Millions national weanling sale in Australia May 28. The clearance rate increased to 76% from 66% in 2011.
A colt by Duke of Marmalade topped the third session of the Magic Millions national weanling sale, bringing Aust$75,000 ($79,394 in U.S. funds) May 27.
A filly by Fastnet Rock topped the second and final select session of the Magic Millions national weanling sale May 26 in Australia. Offered by Coolmore Stud, the filly was knocked down to VCB/Garry Cuddy for Aust$185,000.
A Stratum filly, which is a half sister to New Zealand group I winner Anabandana, brought the top price of Aust$220,000 ($231,975 in U.S. funds) May 25 during the opening session of the Magic Millions national weanling sale.
The Magic Millions National Weanling Sale ended May 28 in Australia with increases of 66.7% in gross revenue and 71% in average price from a year ago during its third session.
The gross increased 66.6% from a year ago while the average price grew 68.4% during the first two sessions of the Magic Millions national weanling sale in Australia.
The Magic Millions national weanling sale got off to a rousing start in Australia May 26. The gross during the first session was up 93% from a year ago, and the average price rose 50.5%.
A More Than Ready colt brought Aust$240,000 (approximately $192,422 in U.S. funds) to top the second session of the Magic Millions national weanling sale on the Gold Coast of Australia June 1. Perth horseman Joe Byrne bought the colt on behalf of his Singapore-based client Ong Tiong Seng.
Officials of Magic Millions, an Australia-based auction firm, announced a new commission structure for the national weanling and broodmare sales. The weanling auction is scheduled for May 25-29, and the broodmare sale will be held June 1-5.
A Redoute's Choice weanling sold for Aust$1,150,000 (U.S. $943,000) Wednesday during the opening session of the Magic Millions National Weanling Sale Wednesday.
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