Prices Decline!

Prices Decline!

Auction 3560 – The prices this week did not hold a candle to those from last week and although more horses were consigned the average was down by over a hundred thousand dollars.  Only nine horses went for over a million dollars and all the 2 YOs that were entered met or exceeded their reserves.  The Computer stable continued to be the leading buyer and took home almost a hundred more horses this week than last and nine older horses sold for over a dollar including one 8 YO mare, #59931 Mighty Mackavian, who sold for $250,000. 

Auction Stats 3553

Horses Entered – 797 (Last week – 787) +  

Horses Sold For More Than $1.00 – 209 (Last week – 340) –  

Horses Not Sold or RNA (Reserve Not Attained) – 62 (Last week – 54) +

Horses Sold For $1.00 – 199 – (Last week -145) +  

Two Year-olds – Entered – 33 – (Last week – 48) –  

Two Year-olds – Sold – 33 – (Last week – 41) –

Two year-olds – Not Sold or RNA – 0 – (Last week – 7) –

Total Sales – $31,443,223.00 – (Last week – $92,324,809.00) +

Average Sale Price – $77,066.72 – (Last week – $190,360.43) –

Leading Buyer – Computer Stable – 327 – (Last week – 248 horses) +  

Sale Topper – # 14308 Sherlock – $3,930,001.00 – (Last week – $6,139,217.00) –

The Millionaires – There were only nine horses selling for more than a million dollars this week and the top five that I have covered were all legitimate sales as best as I can determine.  So without further ado….

Lenny consigned a bunch of nice horses this week including the top three of the sale this week.  Leading the way from his Lenny12 division was Sherlock # 14308 a very bad tempered 4 YO colt by Sadler’s Wells out of the stakes placed mare Elemantary by Spinning World.  Elementary won seven of 28 starts and was stakes placed herself before being retired.  She has two foals to race and both of them are winners.  Sherlock is a long distance specialist and has won a total of four races over both surfaces from 17 starts with his last being in February of this year when he took an allowance race.  Narrowly avoiding some rather large horse teeth, Pigeon9 still liked what he saw and opened his checkbook to the tune of $3,930,001.00 to take home this stakes placed angry bay colt.

Lenny also had the reserve sale topper with # 107682 Bulland Park from the Lenny7 division.  The nice looking big brown mare is a 5 YO by Ecton Park out of the stake’s winning mare More Surpass by AP Indy.  More Surpass has produced three foals to race and they have all been winners with the worst only being stakes placed. The other two have gone on to be stakes winners and one is graded stakes placed.  Wonder4 paid $3,300,002.00 for this 10 time winner who even though she has not won since last September, has not been off the board since.

Pigeon and Lenny combined again on the third high priced seller, # 57445 Scout This, a pretty copper chestnut by Atticus out of Barb’s Tre Fres by Forty Niner.  Lenny6 sent this nine time winner to Pigeon1 for $3,300,001.00.  Scout This has started 32 times and was graded stakes placed in January of 2007.  Her last win was in late February of this year and she is the only winning foal of three to race for Barb’s Tre Fres.

Blackswan6 consigned the blaze faced light chestnut filly Street War # 135043.  She is by Street Cry out of Equinic’s Flyer by War Chant and is still a maiden after five starts.  She has improving speed figures and Lazyriver felt that along with her breeding there was enough of an upside to warrant spending $2,350,000.00 to take her home.  Her dam, Equinic’s Flyer, was injured shortly after her maiden win and was retired, producing one winner from two foals to race.

Rock Cutter # 23105 trumpeted his way into the ring and certainly got everyone’s attention, including Tazenshag who was the high bidder at $2,325,003.  The dark bay 6 YO stallion by Giant’s Causeway out of an AP Indy mare is a multiple stakes winner including the Grade III Northern Derby in 2005.  Liblelady3 consigned this nice horse   who has won nine of his 26 starts, the last being in December of last year.

The Stc:  The Stc trainers were pretty active this week with Tslstcstc purchasing four for a total of $242.00.  All in all, there were 18 horses purchased by Stc trainers for a total of $823,688.00.  Most of that came from one purchase by conditioner Stckaif who went to $768,680.00 to take home Usage # 135584, a 3 YO bay colt by Red Ransom, a Bigears consignee.  Usage comes with lots of conditions having won only one race from 10 starts but that can be handy in a competition like this one.  The average sale price paid by the trainers was $45,760.44.

Auction Seen:  If you were sheltered from the blustery wind it was actually pretty pleasant as far as the weather went this week in Kentucky.  The sale’s barn is thankfully enclosed although it wasn’t too long ago that we stood in an enclosed area with just a roof over our heads.  You had to be pretty hardy back then so when ever I get upset about the conditions now – I just try to remember how it used to be.  Even Fabman has to admit this change to indoors was good 

The plane schedules are impossible nowadays and it seems like it is just getting harder for one to get from one place to another.  I guess I should be glad that I arrived on the same day I left and my luck held as I managed to catch a cab in short order.  A few short minutes later I was at the sale’s barn.  I ran into Fatattack and Lenny as I walked in and they were discussing this year’s Derby and the possibility of attending it as well as Mike’s annual party.  It is always fun to see them, even if it has only been a week, as they always have something up their sleeves and you know me… I love to be in on ‘whatever’ it might be.  Sometimes I can tell and sometimes I can’t – at least if I want to remain friends.  This week they were both pretty busy and so after a brief conversation I went on inside and made my way towards the bar to get a drink.  I said hello to Hazelton who was studying the catalog while sitting at the bar, and after getting my Pepsi, I headed towards my table looking around to see who was there.   

I said hello to Yoyo36, who was at a table with Eddie07 and Pedro1975.  What is it with these numbers?  It sort of reminds me of when people put their names on their belts.  I guess they need help distinguishing themselves from others.  Maybe that’s why some people just use two names.  Jasonjohn, Alroman, and Jimwill are all instantly recognizable as one of a kind and I had a nice visit with them.  I wanted to stop and talk with Gwolf, but he was very busy waving his arms and signing slips.  He must have some sort of code only he knows, because trying to read his catalog with all the black circles, slashes, check marks and big black “No”s all over it, would be impossible for an outsider.

I finally made it to my table and I had hardly seated myself before I was set upon by the Crabs, Apple and Blue.  They were selling and buying and having a wonderful time in spite of their names.  Nutz4bucks spent some money on Candyland and they were sitting at the table to my left while Seaslew and Grenfall, I used to have one of his halters in my tackroom for a very long time, were seated to my right.  Kindnews tried to slip in and was caught by Quicksand but that darn Cowhorse worked him away towards Gone2hell and that nice Idahofarm.  Maybe I can catch up with them next time.  I guess that’s it for this week, it must have been a good one as it went by so quickly. 

Good Luck with all your auction purchases.