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Record smashed as National Sale grosses A$144 million

That figure was up 35 per cent on last year

Magic Millions: Paul Perry went to A$100,000 to secure an untried three-year-old Stratum filly
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Records were smashed as the curtain brought down on the 2017 Magic Millions National Sale on the Gold Coast on Thursday.

The final day of selling - comprising of yearlings and racehorses - grossed over A$1.56 million to post a new record for the premier breeding stock sale.

The total aggregate for the sale was A$144,344,750 for 1,636 lots sold, a record which smashed last year's aggregate by A$37 million or 35 per cent.

The average price for every lot sold across the National Weanling, Broodmare, Yearling and Racehorse Sales is A$88,230 – up almost 15 per cent on last year when less lots were offered.

Thursday's top seller was an untried three-year-old filly by Stratum out of Melbourne Rose who sold for A$100,000 to trainer Paul Perry.

Stock from Godolphin proved extremely popular at the National Racehorse Sale with that draft's top sellers including Saxophone (A$65,000 to Rosemont Stud), Divine Sanction (A$65,000 to Australian Bloodstock) and Fanfaron (A$50,000 to Rosemont Stud).

"It was great to see such strong competition on the racehorses today. It proves that live auction is the most effective way to market racehorses," noted Vin Cox, managing director of Magic Millions.

Cox said the overall event had been an incredible success with records broken across the board.

"The National Sale has closed out with a gross of over A$144 million – which all but equalled the gross from our record breaking January Yearling Sale of A$146 million and far surpassing the A$107 million of the 2016 National Sale.

"We started selling 15 days ago and in that time we've seen many people come and go. Everyone has played a significant part in what has been an outstanding couple of weeks on the Gold Coast."

It proves that live auction is the most effective way to market racehorses
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