Sales lingo explained: breaking down the key terms used at Tattersalls Book 1

It's Book 1 sale week at Tattersalls and lots of bloodstock terms are being used regularly. If you are new to the bloodstock game, here is an explainer of words which are everyday speak for those in the industry

• Join Kitty Trice on our Book 1 blog for day two at Tattersalls

Pinhook Buying foals between six to eight months old and selling them within the year as yearlings 

Consignor The person or company offering the horse for sale, be it a foal, yearling, broodmare, store or horse in training

Lot The number of the horse being sold at auction

Vendor buy-back A lot of consignors will place what is termed as a 'reserve' on their horses, particularly if they have smart pedigrees. If the horse doesn't meet said price then it is deemed a vendor buy-back.

Guineas A guinea is the former currency commonly used in sales, with a guinea worth £1.05 in modern currency.

Black type Group or Listed races. Black type refers to the system of printing in bold type within sales catalogues that name horses who have won or been placed in Group/Graded/Listed races. This is designed to highlight quality performers in a horse’s family tree.

Pattern Group races, the highest tier contests established by racing jurisdictions to discover the best horses of each generation

Read more . . .

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