Gross, Average Rise in Open Session at OBS

The gross revenue and average price were up Wednesday during the first open session of the Ocala Breeders' Sales Company's winter mixed sale in Florida. However, the median suffered a significant decline when compared to a year ago.

OBS reported that the 187 horses sold grossed $870,700, an increase of 8.1% from 2002's first open session. The average of $4,656 represented an advance of 11.5%. The median fell 22.2% to $2,100. The buy-back rate rose slightly, from 21.9% to 22.4%.

Honorably, a winning Star de Naskra mare in foal to Aptitude, was the most expensive horse sold Wednesday, attracting a $55,000 bid from Harvey Peltier III. An 11-year-old, Honorably was produced from the grade III winner Grateful Friend (by Teddy's Courage). Honorably is a half-sister to Friendlier (by Naskra), the dam of Brazilian group III winner Faro Alto (by Choctaw Ridge). Lambholm South consigned Honorably as agent.

Two consignor-preferred sessions preceded Wednesday's open session. Through the first three of the auction's four sessions, 509 horses were sold for a gross of $6,965,400 and an average of $13,684. The sale's final session, an open affair, is Thursday, beginning at 11 a.m. (EST).