A daughter of Oratorio and a son of Blackfriars shared the top-priced honor during the Magic Millions Perth yearling sale’s final session, each bringing Aust$110,000 ($117,971 in U.S. funds) Feb. 16. They also were the most expensive horses that were sold during the three-session auction, which had a new format.
Trevor Andrews, bidding on behalf of Craig Thompson’s Mt. Hallowell Stud purchased the Oratorio filly from Mungrup Stud. Produced from the winning Flying Spur mare Klazig, the yearling is a half sister to the winner Full Circles (by Right Wing).
Neville Parnham bought the Blackfriars colt from Durham Lodge. The yearling is the first foal out of the winning Scenic mare Crossed Wires.
The results for the sale included a gross of Aust$5.4 million ($5,791,280) for the 225 horses that were sold. The average price was Aust$24,000 ($25,739) and the median price was Aust$20,000 ($21,449). The clearance rate was 69.2%.
Magic Millions reported that the gross was “almost Aust$300,000 ($321,738) higher” than 2011’s total.
“The premier and select sale sessions have concluded and overall they went well,” said Magic Millions managing director Vin Cox. “Quality yearlings attracted good interest and accordingly sold well with a strong buying bench.
“There’s a reason behind most of the passed in (bought back) lots and breeders need to reassess where they are at with that style of horse. Those who presented quality lots were rewarded and the buyers who were at the sale competed strongly for them. There was good demand for quality over all the sessions.”