'Spectacular' Results at Magic Millions

Cumulative aggregate rose 50.3% and the clearance rate rose to a record level.

The winning Canny Lad mare Our Pride and Joy topped trading on the final day of the select portion of the Magic Millions National broodmare sale, which saw a sharp rise in overall total receipts and an unprecedented clearance rate.

Our Pride and Joy sold to Adrian Nicoll of BBA Ireland for Aus$600,000 (US$580,631) on a day of energetic bidding that led to a 50.3% increase in aggregate and a record 89.3% clearance rate for the two-day sale in Australia.

"What a spectacular sale from start to finish," Magic Millions managing director Vin Cox said. "To follow on from a successful weanling sale and to sell nine out of 10 horses through the ring is a clear indicator to the success of the sale."

The sale was boosted by the Patinack Farm dispersal that saw eight of the top 10 highest prices on opening day May 29, including a pair of seven-figure horses.

Magic Millions reported 416 horses sold over the two days for cumulative total receipts of Aus$29,847,500 (US$28,893,354), well up from last year. The cumulative average price of Aus$71,749 (US$69,455) marked an 8% gain.

The record clearance rate was up from 74% in 2012.

Consigned by Tyreel Stud, Our Pride and Joy is a half sister to stakes winners Varenna Miss, Silently, and this season's group II-winning juvenile Criterion. Out of group II winner Mica's Pride, by Bite the Bullet, she was bred last spring to Fastnet Rock's son Foxwedge, winner of the 2012 William Reid Stakes (Aus-I).

Nicoll said he purchased the mare for a partnership of Sir Andrew and Lady Lloyd Webber's Watership Down Stud in England and the Mitchell family's Yarraman Park from the Hunter Valley of New South Wales.

Stakes winner Paprika, by General Nediym and offered in foal to Sepoy, was the day's second top seller when knocked down to James Harron Bloodstock for Aus$550,000 (US$531,466). She was consigned by Yarraman Park Stud, agent.

Group I-winning mare Universal Queen, by Scenic, is headed to Coolmore after being purchased by Tom Magnier for Aus$480,000 (US$463,766) from the Strawberry Hill Stud consignment.

Harron also purchased the day's fourth-highest price horse, Song Street, by Shamardal, for Aus$450,000 (US$434,951) out of the Newgate Farm consignment. Closely related to champion Pierro, the mare is in foal to Pierro's sire, Lonhro.

Magnier bought the sale's overall highest price on opening day when going to Aus$1,550,000 (US$1,492,354) for group I winner Nechita, a Fastnet Rock filly.

The other seven-figure horse, also sold on day one, was the Sadler's Wells mare Endless, who is a half sister to the dam of undefeated European champion Frankel. She was bought for Sheikh Mohammed bin Khalifa Al Maktoum through Melbourne-based bloodstock agent Tim Stakemire.

The Magic Millions National broodmare sale continues May 31 with a general session, beginning at 10 a.m. Queensland time.