The average price for the opening session was Aus$34,500 compared to an overall average of Aus$29,812 last year, representing a 16% increase. The gross revenue for the 199 horses sold was Aus$6,854,500. The clearance rate was 86%.
(Edited press release)William Inglis & Son's classic yearling sale got off to a strong start Sunday in Australia, with a record price of Aus$220,000 for a Redoute's Choice colt purchased by trainer Bart Cummings.Out Angel in Disguise, the colt is a three-quarter sister to Saintly, which Cummings saddled to win the 1996 Melbourne Cup (Aust-I). Edinglassie Stud's Mick Talty, who consigned the star colt, said the colt had proven so popular during presale inspections that he started to feel confident he would sell well."He was a big, strong, precocious colt, a beautiful walker out of a three-quarter sister in blood to Saintly," Talty said. "It is a great result for his breeder Bob Oatley, who has been in the industry a long time."Trainer Barbara Joseph, who saddled Aus$24,000 classic sale graduate Commands Nothin' to win Saturday's Aus$610,000 Inglis Classic, bought a Commands--Follow The Fashion colt for Aus$112,500. Thirty-four yearlings were sold above Aus$50,000 and 5 above Aus$100,000.