Goffs Ends 5-Day Selling Run With Big Gains

Gross and average increase 42% and 31%, respectively.

The series of November sales conducted by Goffs ended a five-day run in Ireland Nov. 19 with increases for the combined figures of 42% in gross, 31% in average price, and 25% in median price from a year ago, according to the auction company.

The final figures for the 1,062 horses that were sold were a gross of €21,583,800 ($29,151,900 in U.S. funds), an average of €28,067 ($37,908), and a median of €15,000 ($20,260). The clearance rate was 72%, up from 66% in 2010.

The final figures for the two-day sale of breeding stock, which ended the series of sales, included a gross of €6,948,300 ($9,384,520). The average was €26,520 ($35,819), and the median was €10,000 ($13,506). The clearance rate was 66%, compared to 62% in 2010.

Weanlings and yearlings also were sold.

Group II-winning 3-year-old Banimpire set a Goffs record for a female racing prospect, broodmare prospect, or broodmare when she brought €2.3 million ($3,099,370). A Sea The Stars – Affianced colt established a Goffs mark for a weanling when he commanded €850,000 ($1,147,050).

“The modern day Goffs was established to sell the best Irish horses to a global audience and this week has ensured that goal was achieved in some style,” said Goffs chief executive Henry Beeby. “To establish one record at a sale is always a big deal, but to smash both the foal and filly/mare records in successive days is very special. The atmosphere in the auditorium for the top lots was something quite unique as we sold in front of a full house that came to see some truly world-class lots come under the Goffs hammer.”