Tattersalls Craven Sale Opens With Increases

The average price rises 2.1% while the median price advances 26.8%.

The Tattersalls Craven breeze up sale posted increases of 2.1% in its average price and 26.8% in its median price from a year ago during its opening session April 14 in England. The gross revenue fell 24.3%, but fewer juveniles were sold compared to 2009.

A Shamardal colt brought the highest price, selling for 210,000 guineas ($339,131 in U.S. funds) to Brook Stud’s Dwayne Woods. Tattersalls reported that Woods was acting on behalf of the Stobart Group’s Andrew Tinkler. Kilminfoyle House Stud consigned the chestnut 2-year-old. He is the first foal produced by the Fantastic Light mare Dream Shared, who finished second once in six career races in England. She is a half-sister to Into The Dark (by Rainbow Quest), who captured the 2004 Weatherbys Bank Stakes and the 2006 Pall Mall Stakes in England.

JC Stud had purchased the Shamardal colt for 48,000 guineas ($80,202) from Ash Hill Stud, agent, during the Book 1 portion of the 2009 Tattersalls October yearling sale.

The results for the Craven auction’s first session included a gross of 3,587,500 guineas ($5,793,490) for the 46 horses that sold. The average was 77,989 guineas ($125,945), and the median was 71,000 guineas ($114,659). During last year’s first session, the 62 horses that sold grossed 4,737,000 guineas and averaged 76,403 guineas. The median was 56,000 guineas.

The buy-back rate rose to 36.1% from  27.1% in 2009.