A good-sized crowd of local breeders and owners, pinhookers, and curiosity seekers showed up for the first session of the inaugural New York Breeders' Sales Co.'s yearling sale Thursday night. The sale, which had a county fair-like atmosphere, was conducted under blue-and-white-striped tents at the Yaddo show grounds near Saratoga Race Course.
Final figures were unavailable after the session, but according to Todd Venetz, assistant director of sales, the gross was about $865,000 and the average was close to $16,000. Venetz said the RNA rate was in the mid-30% range.
The big horse of the night came about midway through the sale when Kentucky bloodstock agent Dick Lossen went to $150,000 to purchase a chestnut filly by Not For Love
. The New York-bred filly is the second foal out of grade III winner, grade I-placed, New York-bred champion older mare Pentatonic. She was consigned by McMahon of Saratoga Thoroughbreds, agent for Sheila and Herb Sherry.
The name of the buyer Lossen was representing was not disclosed.
"I loved her mother," Lossen said. "Her dam could run in open company and with the best fillies in New York. And I love Not For Love
. I think he's one of the better sires in the country for his stud fee. I looked at her on the farm last week and thought she was the best one there.
"Somebody else was pretty live, because I only made two bids," he said. "I came in at $140,000 and someone bid $145,000. That was my limit."
"There are some nice horses here," Lossen said of the sale. "I think the Wheelaway
's are really nice.
The second-highest price yearling was another filly. a Canadian-bred Orientate
chestnut filly sold for $85,000 at the start of the sale. Out of the Halo mare Glimmering Halo, the filly was consigned by Glenmalure Farm, agent for Anson Stud Farm.
The top-priced colt came toward the end of the session. Florida pinhooker Becky Thomas went to $80,000 to secure a son of Forestry
from the consignment of Glenmalure Farm, agent for Anson Stud. The Canadian-bred chestnut is out of the Miswaki stakes-winning mare Showering.
"He's a very nice colt, but an immature colt," Thomas said. "He's got some upside. I was happy with that."
"The sellers are really satisfied with the sales of their horses," Venetz said. "This catalogue is a lot stronger than the yearlings that we sold out of the sale last year.
"I think we'll have a bigger turnout tomorrow night," he said. "It was nice to see a couple of horses go for around a hundred to a hundred and fifty (thousand dollars).(Editor's Note: An earlier version of this story mistakingly identified Florida-based pinhooker Mike Mulligan as the purchaser of the Orientate -- Glimmering Halo filly).