Premier Yearling Sale ends with across the board rise in figures
Tuesday's session topped by a son of Snitzel at A$625,000
The first part of the Melbourne Premier Yearling Sale ended its three-day run on Tuesday with records tumbling and a rise in figures across the board.
At the conclusion of trade, the average price of A$122,977 (£76,000/€89,000) was up 11 per cent, the median rose 18 per cent to A$100,000 (£62,000/€72,000) and the aggregate increased two per cent to A$52,880,000 (£32,710,000/€38,290,000). The clearance rate came in at a healthy 85 per cent.
Tuesday’s session was topped by a son of Snitzel who was snapped up by Sun Bloodstock for A$625,000 (£390,000/€453,000). Out of the unraced All Bar One mare Consistency, he is from the family of Group 1 heroine Snitzerland.
Offered by Rosemont Stud, Sun Stud’s purchase added to the Not A Single Doubt colt out of Rhodamine they bought for A$520,000 on Monday.
Sun Stud’s David O’Callaghan said: “We got the two colts we came to the sale to buy so we leave happy. The Snitzel’s got a good, fast pedigree, there’s plenty of speed there and that’s what we were looking for.
“This bloke is very good-looking, he’s by the right stallion, and we try to turn him into a stallion himself.”
Rosemont Stud’s Anthony Mithen added: “He’s sound, he’s healthy and he’s going to a great home in Sun Stud so I’m really pleased. Congratulations also to Ed McKeon of Palya Bloodstock who bred the colt.”
Inglis’ Victorian bloodstock manager Simon Vivian said: “The end results are so pleasing on every front. The vendors did a great job presenting the horses and were rewarded accordingly and the buyers bought very well with some extremely high quality yearlings in the catalogue.
“To have eclipsed last year’s gross with less horses offered is testament to the strength of that.”