The sixth session of the Keeneland November Breeding Stock sale closed Nov. 11 with double-digit growth in gross sales, average price, and median.
Keeneland sold 265 horses on Sunday for $10,740,300, up 21.3% from 2011 when 271 horses brought $8,852,700. Average price increased 24% from $32,667 to $40,529, while the median price of $32,000 rose 28% over last year’s $25,000.
Moro Tap, the final horse to sell in the session, brought the day’s top price of $350,000 from Terry Raymond and Skychai Racing. Consigned by Hill ‘n’ Dale Sales Agency, agent, the 2-year-old Tapit colt is the first foal out of the stakes-winning Silver Ghost mare Ghost Dancing. He was consigned as a racing or stallion prospect.
"I liked his race (the colt finished second in his first career start at Calder Casino & Race Course Oct. 12), and I’m a big fan of Tapit ," said trainer Mike Maker, who signed the ticket for Moro Tap. Maker trained champion Hansen, also by Tapit, of which Skychai Racing was part-owner.
Maker said Moro Tap will return to Florida and stay in training.
Bred in Virginia by Edward P. Evans, the colt had initially been purchased by the Off the Hook operation of Joe Appelbaum and Carlos Morales for $10,000 from the 2011 Keeneland September yearling sale consignment of Lane's End Farm, agent for the Estate of Edward P. Evans.
An effort by Off the Hook to pinhook Moro Tap the first time was unsuccessful when the colt was bought back for $100,000 out of this year's Fasig-Tipton Florida March sale of 2-year-olds in training.
Stakes winner Magnetic Miss, sold in foal to two-time Horse of the Year Curlin , brought the day’s second-highest price, going for $190,000 to Margaux Farm, agent. An 8-year-old mare by Artax out of the stakes-winning Deposit Ticket mare Deposit Express, Magnetic Miss is a half sister to stakes winners Royal Express and Hydro Power. She was consigned by Hidden Brook, agent for Stonestreet Thoroughbred Holdings.
Through six sessions of the 11-day sale, 1,202 horses have been sold for $124,586,900, for an average of $103,650 and a median of $50,000. During last year’s comparable period, 1,344 horses were sold for $189,163,900, for an average of $140,747 and a median of $60,000.
Cumulative totals from 2011 include two premier dispersals—the record dispersal of the estate of Edward P. Evans’ Spring Hill Farm, which sold 149 horses for $54,506,000, and the dispersal of Saud bin Khaled’s Palides Investments, which sold 20 horses sold for $16,813,000.
When dispersals are excluded from the 2011 cumulative numbers, 1,202 horses have been sold for $124,586,900, an increase of 5.7% from 2011 when 1,175 horses brought $117,844,900. Average price of $103,650 rose 3.4% from $100,294 last year, while the median of $50,000 remained unchanged.
The November Sale continues through Nov. 16. Sessions begin daily at 10 a.m. EST. The entire sale is streamed live at Keeneland.com.