Tattersalls Autumn Sale Closes Impressively

The Tattersalls Autumn Horses In Training Sale record price of 525,000gns was equaled Thursday on the final day of the 2004 auction when progressive handicapper Kehaar (GB) (Cadeaux Genereux {GB}) was bought by John Ferguson on behalf of Godolphin.

The 3-year-old has won three of his four starts and equaled the price paid by Godolphin for Firebreak (GB) (Charnwood Forest) at this event in 2001.

Ferguson outbid California agent Emmanuel de Seroux as well as Irishman Hugo Merry for the colt.

Strong international demand helped the sale's 18.6 million gns aggregate beat last year's record by 21% while the 21,698gns average was up 7% and 12,000gns median jumped 9%.

"Last year's Autumn Horses in Training Sale produced phenomenal figures, with turnover up nearly 30% and the average up 25%," Tattersalls chairman Edmond Mahony commented. "This looked to be a tough act to follow, but this has been a very strong sale with record figures across the board for the third consecutive year.

"Obviously the individual highlight was Mikael Magnusson's smashing colt Kehaar, but we have also had more lots sell for 200,000gns and above than ever before, and fierce competition from start to finish between the huge numbers of overseas buyers and the British and Irish buyers both Flat and National Hunt.

"The real feature of the sale has been the consistency of the demand at every level of the market, top, middle and bottom. There have been no holes, and it is encouraging for owners that they can bring their horses in training to this sale and receive such good returns. Owners can have confidence that there is a good solid market for their horses which can only encourage continued participation in the sport."