Market Improves at OBS Spring Sale

Silver Deputy colt brings $220,000 to top second session.

A Silver Deputy colt, which brought $220,000, was the most expensive horse sold Tuesday during the second session of the Ocala Breeders’ Sales Co. (OBS) spring sale of 2-year-olds in training in Central Florida. The market rebounded from Monday’s slump as the session’s gross revenue, average price, and median price all enjoyed upswings from 2007’s results.

Satish and Anne Sanan’s Padua Stables purchased the bay colt, which is the first foal out of the 8-year-old winning Kris S. mare Kris Star, who is a full sister to 2003 Miller Genuine Draft Cradle Stakes winner and Lane’s End Breeders’ Futurity (gr. II) runner-up Tiger Hunt.

Parrish Farms, as agent, consigned the colt, which worked a quarter mile in :21 3/5. He was purchased for $72,000 by G. Ray Trisler, Mays Farm, and G.W. Parrish at the 2007 Keeneland September yearling auction.

A bay filly by from the first crop of Toccet brought the session’s second-highest price of $210,000. Her buyer was Hal Earnhardt, who, with his wife Patti, races homebred champion Indian Blessing.

Murray Smith, as agent, consigned the Toccet filly, which breezed a quarter in :21 2/5. She is out of the 12-year-old winning Jade Hunter mare Hunting Jade, who is a half-sister to the stakes winners Misnomer (by Miswaki) and Darling Danzig (by Time for a Change). Another family member is Canadian champion Pennyhill Park.

Smith bought the Toccet filly for $100,000 last September at Keeneland.

OBS reported that 202 horses were sold during the Tuesday’s session for a gross of $6,196,200. Their average was $30,674, and their median was $21,000. The buy-back/no bid rate was 25.5%, with 69 of the 271 horses offered failing to find new homes.

Compared to last year’s second session, the number sold declined 3.8% from 210, but the gross rose 7.7% from $5,751,700. The average increased 12.0% from $27,389, and the median grew 10.5% from $19,000.

The auction’s cumulative results through two sessions were 390 horses sold, a gross of $11,063,600, and an average of $28,368. The buy-back/no bid rate was 28.0%, with 152 of the 542 juveniles offered failing to find new homes.

Compared to 2007, the number sold fell 5.6% from 413 and the gross declined 5.5% from $11,703,700. But the average was just about the same, increasing less than 1% from $28,338.

The spring sale continues through Thursday, with each session beginning at 10:30 a.m. (EDT).