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Magic Millions Reaches Record Gross On Day 3

Agent James Harron continued his top end buying spree when he paid the top price for a colt by Written Tycoon on Day 3 of the 2019 Magic Millions Gold Coast Yearling Sale on Friday.

Magic Millions Reaches Record Gross On Day 3

Agent James Harron continued his top end buying spree when he paid the top price for a colt by Written Tycoon on Day 3 of the 2019 Magic Millions Gold Coast Yearling Sale on Friday.

The Sydney based bloodstock entrepreneur has secured the top lot on two of the first three days after paying $1.4 million for a Redoute’s Choice colt during the second session on Thursday.

He was again top of the buying sheet on Friday when he went to $900,000 for a colt by Written Tycoon from the stakes winning Blevic mare Golden Penny.


Written Tycoon x Golden Penny colt
Written Tycoon x Golden Penny colt Picture:Steve Hart

With three days of the sale completed the sale gross has reached a record $149.38 million with a healthy average price of $237,866 and impressive clearance rate of 87 per cent.

Book 1 will close with 83 lots to be offered on Saturday night after the Magic Millions race day. Book 2 follows on Sunday with 233 lots catalogued.

Harron has been a big player at Magic Millions sales for the last five years in pursuit of top grade colts and it was no surprise to see him bidding for the Written Tycoon colt.

His most notable Gold Coast purchase has been the Magic Millions Classic and Golden Slipper Stakes winner Capitalist, also by Written Tycoon.

Harron paid only $165,000 for Capitalist in 2015 when Written Tycoon was just an emerging stallion standing for only $19,800 with only one crop of racing age to that time. He now stands for $110,000.

Harron said Friday’s top priced colt, the second most expensive yearling by Written Tycoon sold at auction, had similar qualities to Capitalist who is now at stud himself.

"He's very strong and very mature. A bit like Capitalist, this guy looks precocious too - very mature, very forward and very strong so hopefully he can get up and run early," Harron said.

"He's got such a laid back attitude. There’s a lot to like about the horse."

Yarraman Park sire I Am Invincible’s colt from the G1 winner Hurtle Myrtle sold to Phoenix Thoroughbreds and Aquis Farm for $800,000.

The same Phoenix Thoroughbreds and Aquis Farm partnership also purchased the Snitzel x Fortune of War colt for $800,000 and went to $750,000 for the Zoustar x Igraine filly.

Snitzel x Fortune Of War colt
Snitzel x Fortune Of War colt Picture:Steve Hart

A Not A Single Doubt filly from Hussy By Choice was knocked down to the bid of Peachester Lodge for $725,000.

Despite the big spending by James Harron and the Aquis Farm group, the China Horse Club/Newgate Bloodstock partnership remains the leading buyer at the sale with an outlay of $5.32 million on 12 lots.

Harron Bloodstock has spent $5.2 million on 8 lots and Chris Waller Racing/Mulcaster Bloodstock have outlaid $5.095 million for 12 lots.

Redoute’s Choce remains the leading sire by average for three or more sold. His 14 lots sold have averaged $567,500.

SALE STATISTICS
(2018 in brackets)

Lots Catalogued: 795 (756)
Lots Sold: 628 (598)
Lots Passed In: 94 (84)
Lots Withdrawn: 73 (74)
Sale Gross: $149,380,000 ($137,392,000)
Top Price: $1,600,000 ($2,000,000)
Average Price: $237,866 ($229,753)
Median Price: $170,000 ($170,000)
Sold %: 87 (88)

DAY THREE TOP SELLERS

$900,000 - Written Tycoon-Golden Penny colt (Lot 624)
Vendor: Milburn Creek (As Agent) / Buyer: James Harron Bloodstock (NSW)

$800,000 - I Am Invincible-Hurtle Myrtle colt (Lot 665)
Segenhoe Stud Australia (As Agent) / Phoenix Thoroughbreds (II)/Aquis Farm (Qld)

$800,000 - Snitzel-Fortune of War colt (Lot 597)
Edinburgh Park (As Agent) / Phoenix Thoroughbreds (II)/Aquis Farm (Qld)

$750,000 - Zoustar-Igraine filly (Lot 675)
Gilgai Farm / Phoenix Thoroughbreds (II)/Aquis Farm (Qld)

$725,000 - Not a Single Doubt-Hussy By Choice filly (Lot 667)
Mill Park Stud (As Agent) / Peachester Lodge (Qld)

LEADING SIRES
(ranked by average - 3 or more sold)

$567,500 - Redoute's Choice - 14 sold
$511,667 - Medaglia d'Oro - 3 sold
$411,765 - I Am Invincible - 51 sold
$389,000 - Fastnet Rock - 15 sold
$382,222 - Snitzel - 27 sold

LEADING BUYERS
(ranked by total spend)

$5,320,000 - China Horse Club/Newgate Bloodstock - 12 lots
$5,200,000 - James Harron Bloodstock - 8 lots
$5,095,000 - Waller Racing/Mulcaster Bloodstock - 12 lots
$4,710,000 - Gai Waterhouse & Adrian Bott Racing - 17 lots
$4,500,000 - Phoenix Thoroughbreds (II)/Aquis Farm - 5 lots


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