A filly by Darley sire Manduro and from the family of undefeated European champion Frankel sold for the highest price of Aust$500,000 ($482,259 in United States funds) at the opening session of the Magic Millions National yearling sale on the Gold Coast in Queensland June 4.
Offered in the Patinack Farm dispersal, the bay filly was bought by Magic Millions on behalf of an undisclosed client.
The session-topper is the first foal out of the Sadler's Wells mare Endless, a half sister to Kind, the dam of Frankel as well as group winners Bullet Train and Noble Mission , and a full sister to group I winner Powerscourt. Endless sold out of the Patinack consignment last week at the Magic Millions National broodmare sale to Sheikh Mohammed for Aust$1,050,000 ($1,010,637).
Manduro, and 11-year-old son of deceased sire Monsun, stands in France at Haras du Logis.
At last week's broodmare session, the dispersal of coal magnate Norman Tinkler's Patinack Farm dispersal drove increases on the first day of the four-day yearling session.
Magic Millions reported 165 of 224 horses offered as sold for Aust$6,565,500 ($6,335,000), up 68.2% from last year's corresponding session. The average price of Aust$39,791 ($33,647) rose 18.3%.
The clearance rate was 73.7%, compared with 69.9% at the first session in 2012.
A sale record 15 yearlings sold for six figures, but Magic Millions managing director Vin Cox described the market as "patchy."
"There were plenty of good sales, but vendors must realize the market is what it is," Cox said. "There's plenty of people here to participate and we look forward to the realignment of the market tomorrow."
Magic Millions, agent, also went to the second-highest price of the day, Aust$280,000 ($270,065), for a filly by More Than Ready out of the Danehill Dancer mare Danehill Smile, also from the Patinack dispersal.
The bay filly is the second foal out of Australian stakes winner Danehill Smile, whose first foal is a winner.
The day's top-priced colt was by Tale of the Cat and sold for Aust$160,000 ($154,319) to Hong Kong trainer Manfred Man.
The colt, offered by Coolmore Stud, agent, is out of the lightly raced High Rolling mare Casino Snip. He headed to Hong Kong, where he will join Man's stables.
The second session of the National yearling sale continues June 5, beginning at 10 a.m. local time.