Equestrian Excellence: The Astonishing Horse That Sold for Almost $6 Million(Video)
The colt was originally listed as an RNA, but in a statement to the press Pope explained that there was an error in entering the reserve price, and that she initially believed that the colt had been sold when he exited the ring. She announced that he is still for sale privately. More details available here.
Overall, the second session sold 119 yearlings for $37,959,000, a decline of 12 percent from the 142 sold for $42,965,000 in the second session in 2015. Both this year’s average and median prices were up from the comparable session in 2015, with the average up five percent to $318,983 from $302,570 and the median up 18 percent to $290,000 from $245,000.
“In addition to the $1.2 million session topper, today we had 25 yearlings that sold in the $500,000 to $900,000 rangecompared to 18 during last year’s second session,” Keeneland Director of Sales Operations Geoffrey Russell said. “There is great strength at that level, and it is nice to see.
“We have a healthy market,” he continued. “We have a diversity of buyers. The buying bench is deep and spread out between international and domestic participants. That is very positive.”
The buyback rate for the second session finished at 31 percent, a bit better than the same session last year, at 32 percent.
The leading sire by both gross and average (three or more yearlings sold) was Tapit. Taylor Made was the second session’s leading consignor by gross, with Baccari Bloodstock leading the session by average. The leading buyer by both gross and average (three or more yearlings purchased) was Shadwell.
