A pair of colts by champion Arrowfield Stud sire Redoute's Choice colts starred on the opening day of the Magic Millions Gold Coast Yearling Sale today.

Strawberry Hill's colt from former crack juvenile I Got Chills and Baramul Stud's Miss Jakeo colt shared the top selling honours with both horses finding new homes for $450,000.

Leading Sydney horsewoman Gai Waterhouse in partnership with young bloodstock agent James Harron snapped up the Redoute's Choice-I Got Chills colt when he was offered as lot 36.

The colt is the second foal of I Got Chills, a daughter of General Nediym, who burst onto the scene with a pair of dominant stakes wins at two when prepared by David Hayes.

"You have got to be here to be buying these horses," Waterhouse said moments after snapping up the star colt.

"Every year I come here and look at the names on the barns and there are about a third of them we have bought."

"Seven Flight Stakes fillies have come out of this sale and the most we paid was $200,000."

"It is a most remarkable sale because the horse puts themselves here - not the vendor, the horse," she added.

Later in the day the Redoute's Choice-Miss Jakeo colt offered by Baramul Stud was purchased for Kevin Maloney's Segenhoe Stud.

Redoute's Choice-I Got Chills coltOriginally passed in, the colt was sold not long after and he will be seen on the racetrack in the colours carried to recent group success by Sister Madly.

All up today $14.75 million changed hands on 124 yearlings who sold at an average price of almost $119,000 - down slightly on last year's figures. The clearance rate of 75 per cent was identical to the corresponding session last year.

"We're pretty happy with how things are sitting after the first session," Magic Millions Managing Director Vin Cox said.

"People have been telling us that many of the better horses are still to come over the next couple of days so the figures will hopefully rise."

"The average price is down about 5 per cent - but last year we had a top price on day one of $850,000."

"One of the pleasing aspects was seeing the median price rise from $95,000 in session one last year to $100,000 today."

The second session of the sale will commence at 11am (Qld time) tomorrow.