Tattersalls Sale Concludes With Increases

Gross, average, and median prices all increased at December Mare Sale.

The Tattersalls December Mare Sale concluded Dec. 2, with the British sales company reporting across-the-board increases in every significant category.

With 146 lots selling for a gross of 837,800 guineas ($1,371,679) during the final session, Tattersalls reported 644 lots sold for a total of 34,544,800 guineas ($56,558,623) during the four-day sale. The gross was up 4% over the same sale a year ago and the average rose 1% to 53,641 guineas ($87,817). The sale median of 17,000 guineas ($27,830) represented a 17% increase.

The two-week long December Sale, which was highlighted by dispersals from  Bloomsbury Stud and Pendley Farm, saw 1,398 lots sold for 55,610,800 guineas ($91,038,020) at an average of 39,799 guineas ($65,152) and a median of 17,000 guineas ($27,830). Tattersalls’ turnover for the year came in at 162,155,700 guineas ($265,428,703), down 4% from 2009 levels.

“At the end of last week’s December Foal Sale we referred to the continuing economic turbulence which has dominated the news in recent weeks and marveled at the extraordinary resilience of the foal market in the face of such uncertainty,” Tattersalls chairman Edmond Mahony said in a release. “I think it would be fair to say that the demand for broodmares and fillies this week has also exceeded expectations and that Europe’s premier breeding stock sale has, as ever, proved to be the focal point for thoroughbred breeders from all corners of the world.

“The feature of the sale, as with so many sales at Tattersalls, was the extraordinary level of participation from overseas buyers,” Mahony continued, noting that the sale included buyers from 40 different countries. “The global bloodstock industry, in common with so many others, continues to face challenges, but the Tattersalls December Sale has yet again given cause for a measure of optimism and a timely reminder that quality bloodstock remains as sought after as ever.”