Record Sale Rate at Iowa Yearling Auction

At Iowa sale, 49 of 58 yearlings sold for a record 84% rate.

Paced by two yearlings who sold for the second-highest price in sale history, the Iowa Thoroughbred Breeders and Owners Association yearling sale Oct. 20 registered its highest gross since 2004.

Also contributing to the success was a record sale rate of 84% as 49 of the 58 yearlings through the ring sold for a total of $314,250, and an average price of $6,413, reports the Iowa Thoroughbred Breeders and Owners Association.

The co-sales toppers were yearlings Colonel Ted (Colonel John—Shimmering Tale, by Wild Again) and an unnamed colt by Devil His DueDazzling Crypto, by Cryptoclearance. They both sold for $42,000, and the only yearling to sell for more at an ITBOA sale was Miss Abbey Lee, a $52,000 buy in 1998. 

For the first time, four Iowa-bred yearlings sold for $30,000 or more. Only 11 yearlings in the previous 24 years of sales had sold for that sum.