Arqana Oct. Yearling Sale Holding Steady

The median price is the same as it was a year ago.

Part 1 of Arqana’s Deauville October yearling sale, which consisted of two sessions, turned in a steady performance in France. At its conclusion Oct. 18, the average price was up 1.7% from a year ago while the median price was the same.

A Danehill Dancer filly was the most-expensive horse sold during the second session, bringing €265,000 ($366,243 in U.S. funds) The Broadhurst Agency purchased the bay yearling from Haras Fresnay-le-Buffard.

The filly is a half sister to Tenth Star (by Dansili), who captured this year’s Golden Fleece Stakes in Ireland. Tenth Star also finished second in the Juddmonte Royal Lodge Stakes (Eng-II) and third in the Korean Racing Authority Tyros Stakes (Ire-III). Their dam, the unraced Rahy mare Alpha Lupi, is a half sister to 1999 Prix d’Arenberg (Fr-III) winner Moon Driver (by Mr. Prospector).

The yearling’s second dam is European champion East of the Moon (by Private Account) and her third dam is North American and European champion Miesque (by Nureyev).

The results for Part 1’s two sessions combined included a gross of €6,788,000 ($9,381,360) for the 178 yearlings that were sold. The average was €38,135 ($52,705) and the median was €28,000 ($38,697). Compared to last year, when 201 horses were sold, the gross as down 9.9%.

The clearance rate  was 71.5% compared to 79.8% in 2010.

“Both the average and median prices for the first two days are identical to those of 2010, showing that the new format, which had been very well received last year, is definitely settling down well,” said Arqana president Eric Hoyeau. “However, while the number of horses cataloged in Part 1 remained the same as last year, the clearance rate has slipped a bit as some individuals proved below the standard expected at a select session.”

During the second session, 90 yearlings were sold for a gross of €3,151,000 ($4,354,840). The average was €35,011 ($48,387) and the median was €26,000 ($35,933). The clearance rate was 73.8%.