MM Sale's 5th Day Posts Increase in Average

A Break the Vault filly topped the fifth session of the Magic Millions Gold Coast yearling sale with her Aust$200,000 price ($184,840 in U.S. funds) Jan. 10 in Australia. Magic Millions purchased her for a Queensland-based client from Eureka Thoroughbreds’ consignment.

The bay filly is out of the Special Dane mare Temple Spirit, who won eight races and finished third in the 2004 QRSE Just Now Fillies and Mares Quality Stakes in Australia. Temple Spirit’s other offspring include the winner Temple of Boom (by Piccolo), who was third in the 2009 Hardy Brothers Jewellers Golden Stakes, and Spirit of Boom (by Sequalo), who finished second in the 2009 McLean Glass & Aluminum Phelan Ready J. F. Meynink Stakes.

The session ended with a gross of $6,719,000 ($6,209,700) for the 159 horses that sold. The average price was $42,258 ($39,055) compared to $38,035 in 2009. And the median was $34,000 ($31,423) compared to $26,000 last year. The clearance rate was 83.2%.

"I couldn't be much happier with the results achieved today," said Magic Millions managing director David Chester. "There was spirited bidding throughout the sale. To have the average increase more than 10% on last year's figure is fantastic. There was a great buying bench on hand, and they competed for some top racetrack prospects. Also very pleasing was the clearance rate of more than 83%. A high clearance rate shows the right balance between vendors and buyers."

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