Inglis Sale Sees Big Average Increase

Weanling auction in Australia up 31% in average.

The two-day Inglis weanling sale in Australia concluded June 27 with a significant rise in average and an RNA rate of only 20.8%.

The gross of $7.3 million saw an average of $32,291, an increase of 31% over a year ago.

The highest price on the second day of the sale was a colt by Encosta De Lago out of the Royal Academy mare Charmview. Consigned by Coolmore, the colt was bought by Blue Sky Thoroughbreds for $500,000.

The top price of the sale came on the first day when a More Than Ready  filly brought $596,248.

Coolmore was the leading consignor (and also bought the topper), selling seven of the top 10 lots during the select session.

Select Weanling Session

Catalogued 333
Sold 228 (79.2 %)
RNA 60 (20.8%)
Withdrawn 45 (13.5 %)
Gross $7,690,950
Average $33,732
Median $14,500
Top Price $625,000

General Weanling Session

Catalogued 64
Sold 47 (85.5 %)
RNA 8 (14.5 %)
Withdrawn 9 (14.1 %)
Gross $244,750
Average $5,207
Median $2,500
Top Price $24,000