The Book 1 portion of Magic Million's Gold Coast yearling sale closed out Jan. 9 with a Fastnet Rock filly selling for Aus$1 million (US$695,300) to bring the number of seven-figure sellers to a record six for the four-day session.
Total receipts, average, and median prices for Book 1 also climbed into record territory with double-digit percentage increases across the board, while the clearance rate came in at an impressive 89%, compared with 86% last year.
Gross was up 25.8% to $115,806,000 ($80,519,911) on 592 horses sold, making Book 1 the highest grossing yearling sale in the Southern Hemisphere since 2008, Magic Millions managing director Vin Cox said.
The average price of $195,618 ($136,013) marks a 14.6% increase, while the median of $150,000 ($104,295) grew 15.4%.
"It really has been a very, very good sale," Cox said.
The day four session-topping Fastnet Rock filly, offered by Newgate Farm, is from the family of three-time leading Australian sire Redoute's Choice. She was bought by Victorian trainer Brent Stanley, teaming his Cloud 9 Thoroughbreds operation teaming with CB Bloodstock to land the filly, who is the second foal out of the unraced Rock of Gibraltar mare Ten Carat Rock. The dam is a three-quarters sister to Redoute's Choice and group I winner Platinum Scissors and a half sister to group I winner Manhattan Rain.
"She's a package racehorse," Stanley said. "You're not just buying a page... She's a top-shelf horse. She's a great mover—a great athletic horse with good bone and good muscle."
China Horse Club retained its place as the leading buyer at the Book 1 sale by total expenditures, with 21 lots purchased for $6.69 million ($4,651,557).
Exceed And Excel was the leading Book 1 sire (ranked by average for three of more sold) as 11 offspring sold averaged $364,545 (253,468).
Pierro was the leading first-season sire on average (three or more sold), with 37 of his 38 offpsring sold at an average of $262,568 ($182,563). Three yearlings by Central Kentucky shuttler Animal Kingdom sold at an average $250,000 ($173,825), while 31 by All Too Hard averaged $221,842 ($154,246).
The Magic Millions Gold Coast yearling sale continues Jan. 10 with a single-day Book 2 session and concludes Jan. 12 with Book 3.
[www.bloodhorse.com]
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