Crimson Hope, a daughter of Forestry
, and a Came Home
filly each sold for $200,000 Monday to share top-priced honors during the upbeat opening session of the Fasig-Tipton Midlantic Eastern fall yearling sale at Timonium in Maryland. The number sold, gross revenue, average price, and median price all increased from a year ago. However, the buy-back rate rose significantly as more horses failed to find new homes.
Florida pinhookers Tony Bowling and Bobby Dodd purchased Crimson Hope from Bill Reightler, agent for Frank and Virginia Wright's Maryland farm, Huntingfields.
"I like Forestry, naturally, but I thought she was a big, 'scopey,' stretchy filly - especially for a Forestry," Bowling said. "There is a lot of residual value behind her. The broodmare prospects are impossible to buy at the sales. With this filly being that kind of well-bred filly, hopefully, she'll work as a pinhook. I think they (the buyers) even will come to the 2-year-old sales looking for broodmare prospects."
Produced from the 14-year-old stakes winning Conquistador Cielo mare Blue Sky Princess, who finished second in two graded events, Crimson Hope is a Maryland-bred half-sister to added-money winner Inner Harbour (by Capote/sr>).New Jersey bloodstock agent Buzz Chace bought the Came Home filly for Ernie Paragallo's Paraneck Stable. Gerald and Caroline Stautberg's Willow Oaks Farm in Maryland consigned her to the auction."She's a nice, big, stretchy racehorse-type of filly; she's gorgeous," Chace said. "And she has some pedigree. She's from a good family. He (Paragallo) will most likely race her (instead of pinhooking her). After I looked at all the horses around here, I thought she would be a sleeper. And she was a sleeper at $200,000."The Kentucky-bred chestnut filly is out of the 13-year-old unraced Easy Goer mare Fun Crowd and is a half-sister to stakes-placed Throng (by Silver Deputy). Fun Crowd is a half-sister to champion Vanlandingham and to other stakes winners Jenkins Ferry and Popular Tune (a grade III producer). Fun Crowd also is a half-sister to grade I producer Musicanti. Another member of the family is champion Temperence Hill.In all, 225 horses were sold for a gross of $5,574,900 (up 11.9%), an average of $24,777 (up 5.4%), and a median of $11,500 (up 7.0%). Last year, 212 horses grossed $4,983,700 and averaged $23,508. The median was $10,750. The buy-back rate advanced from 19.1% in 2005 to 30.1% this year.The auction continues through Wednesday, with selling beginning each day at 10 a.m. (EST).