Strong Results for NZB South Island Sale

Strong Results for NZB South Island Sale

The South Island took centre stage today with strong results recorded at New Zealand Bloodstock's annual South Island Sale of Two-Year-Olds and Mixed Bloodstock at the Canterbury Agricultural Park in Christchurch.

Significant growth was evident with this year's two-year-old average reaching NZ$16,215 compared to last year's NZ$14,430. Even more pleasing was a staggering 41% increase in the median price to NZ$12,000, up from NZ$8,500 last year.

The unique Sale of untried two-year-olds also featured yearlings, broodmares, unraced stock and racehorses. The highest priced lot of the Sale was the stakes-placed racemare Royal Ambition. The five-year-old is by Royal Academy and out of Group 1 New Zealand One Thousand Guineas runner-up, Ambitious (Last Tycoon). On account of Chelandry Farm she was knocked down to Colm Santry Bloodstock for NZ$140,000. She is to be bred to Coolmore's first season sire and champion racehorse Dylan Thomas.

The top price from the two-year-old section came early in the day at Lot 7. Leading Australian bloodstock agent John Foote bid to NZ$82,500 to secure the Pentire colt from the Personal Escort mare Grace the Bride. He's from the family of Group 1 Wellington Cup winner Hurrah and outstanding Hong Kong galloper Best Gift. He was sold by Ashburton-based vendors Robert and Jessica Thomas

All sessions combined to give total receipts of NZ$2,115,700 for 142 lots sold compared to last year's total of NZ$1,572,250 for 126 lots sold. The overall average price increased to NZ$14,899 with the clearance rate settling at 70%. As with the two-year-old section, the median showed a healthy increase, in this case from NZ$7,000 to NZ$10,000.

Edwina Morris and Alan Jones' Berkley Stud was the leading vendor for the day, selling 23 of their 30 lots for an aggregate of NZ$414,000 and an average price of NZ$18,000. The highlight of their draft being Lot 161, an impressive chestnut Bertolini colt who sold to New Zealand Bloodstock as agent for NZ$80,000.

General Manager Andrew Seabrook commented on the day's proceedings saying "In light of the downturn in the economy it was very pleasing to see the market hold up extremely well. We were thrilled with the international buying bench and it was great to see the domestic spend increase again. The success of this Sale augurs well for the Ready to Run Sale at Karaka on November 18 & 19."

2008 South Island Sale Overall Statistics
OVERALL 2008 2007
Catalogued 218 193
Sold 142 126
Clearance Rate 70% 72%
Average Price $14,899 $12,478
Aggregate $2,115,700 $1,572,250
Median $10,000 $7,000
Top Price $140,000 for Lot 210 $70,000 for Lot 63
Two-Year-Old Statistics
TWO-YEAR-OLDS 2008 2007
Catalogued 173 149
Sold 116 100
Clearance Rate 70% 73%
Average Price $16,215 $14,430
Aggregate $1,880,900 $1,443,000 (100 sold)
Median $12,000 $8,500
Top Price $82,500 for Lot 7 $70,000 for Lot 63
Leading Lots
Lot Type Breeding Vendor Purchaser Location Price
210 B.M Royal Ambition CHELANDRY FARMS COLM SANTRY BLOODSTOCK NEW SOUTH WALES $140,000
7 BL.G Pentire / Grace the Bride MR RAC & MRS JJ THOMAS JOHN FOOTE BLOODSTOCK PTY LTD QUEENSLAND $82,500
161 C.C Bertolini / Endrita BERKLEY STUD NEW ZEALAND BLOODSTOCK HAMILTON $80,000
52 BRB.C Ishiguru / Morocco LYNDHURST FARM COURTCO RACING LTD CHRISTCHURCH $65,000
98 BR.C One Cool Cat / Sweetliner TE MANIA THOROUGHBREDS MR FH GILLESPIE DARGAVILLE $52,000
55 B.C Yamanin Vital / Nancy Wake WHITE ROBE LODGE STUD LISA LATTA RACING STABLES PALMERSTON NORTH $46,000
159 BR.F One Cool Cat / Elegance GOODWOOD STUD MR FH GILLESPIE DARGAVILLE $46,000
155 B.C Towkay / D'Pix BERKLEY STUD THE THOROUGHBRED TRADER LTD HONG KONG $45,000
162 B.C Rock of Gibraltar / Essenza BERKLEY STUD MR MR PITMAN CHRISTCHURCH $40,000
36 B.C Bertolini / La Voila STONEY CREEK LODGE MR SK KUEK MALAYSIA $36,000
81 B.C Yamanin Vital / Satin Finish WHITE ROBE LODGE STUD MR WN HAZLETT INVERCARGILL $36,000
112 C.C Sandtrap / Vincerla THE PINES THOROUGHBREDS MR RE LAING VICTORIA $36,000
Leading Purchasers by Aggregate
Purchaser Bought Aggregate Average Top Price
NEW ZEALAND BLOODSTOCK (as agent) 13 $269,500 $20,731 $80,000
COLM SANTRY BLOODSTOCK 1 $140,000 $140,000 $140,000
COURTCO RACING LTD 4 $103,500 $25,875 $65,000
MR FH GILLESPIE 2 $98,000 $49,000 $52,000
THE THOROUGHBRED TRADER LTD 4 $91,500 $22,875 $45,000
Leading Vendors by Aggregate
Vendor Sold Aggregate Average Top Price
BERKLEY STUD 23 $414,000 $18,000 $80,000
STONEY CREEK LODGE LTD 10 $176,000 $17,600 $36,000
CHELANDRY FARMS 3 $146,000 $48,667 $140,000
THE PINES THOROUGHBREDS 6 $139,000 $23,167 $36,000
WHITE ROBE LODGE STUD 7 $137,000 $19,571 $46,000
Leading Vendors by Average (3 or more sold)
Sold Average Aggregate Top Price
CHELANDRY FARMS 3 $48,667 $146,000 $140,000
THE PINES THOROUGHBREDS 6 $23,167 $139,000 $36,000
TE MANIA THOROUGHBREDS 5 $21,600 $108,000 $52,000
WHITE ROBE LODGE STUD 7 $19,571 $137,000 $46,000
ESKER LODGE LTD 4 $19,000 $76,000 $28,000
Leading Sires by Average (3 or more sold)
Sire Sold Average Aggregate Top Price
One Cool Cat 3 $44,333 $133,000 $52,000
Pentire 3 $32,500 $97,500 $82,500
Bertolini 8 $26,563 $212,500 $80,000
Yamanin Vital 9 $19,667 $177,000 $46,000
Thorn Park 3 $17,167 $51,500 $30,000

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