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Upward Trends Continue At Adelaide Sale

The upward trend of Magic Millions' yearling sales in 2018 continued on the second day of the Adelaide Yearling Sale with increases across the board.

Upward Trends Continue At Adelaide Sale

The upward trend of Magic Millions' yearling sales in 2018 continued on the second day of the Adelaide Yearling Sale with increases across the board.

Vibrant selling helped the popular South Australian sale rise in gross, average, median and clearance compared to the strong sale held last year.

Book One grossed over $11.1 million for 331 lots sold at an increased average price of $44,115 and a healthy clearance rate of 84 per cent.


The median price of $35,000 was up from $30,000 last year. This year's gross is the highest achieved in Adelaide since 2007.

A colt by Zoustar presented by Baramul Stud was the top seller on Day 2, selling to leading Perth based bloodstock agent John Chalmers for $190,000.

Catalogued as Lot 269, he is the sixth living foal of the Sydney winning Danehill mare Amalienborg - a sister to Blue Diamond Stakes winner Danelagh, the dam of Group One winners Vengeance of Rain and Dizelle (dam of Pinot).

"Apart from being by Zoustar and he's the flavour of the month, he comes from a family well known to us in Western Australia.

“Palatious the second dam who won the Perth Cup and that whole family is one that Keith Biggs has made very, very successful," Chalmers said.

"He was a lovely colt and I thought he might even make a bit more than that."

Chalmers also signed for a Spirit Of Boom filly from the Dehere mare Animated who was offered as part of the Eureka Stud-Cornerstone Stud Partnership. She was sold for $100,000.

The Zoustar and Spirit of Boom purchases for Chalmers helped ease the frustration of Day One when he was the underbidder on both top lots - the $300,000 Spirit Of Boom colt and $210,000 Nicconi colt.

Chalmers' purchases were among eight lots today to sell for six figures to bring the sale total to 17 lots.

The Book 2 sale grossed $1,463,000 for 123 lots sold with a top price of $62,500 for Ambergate Farm's colt by Husson (Lot 361). The clearance rate was a high 90 per cent.

"We had our best ever buying bench here - the international buyers as well as the return of good friends of past years ensured for a really gratifying result," Magic Millions Managing Director Barry Bowditch said.

"The market probably strengthened today and we have a clearance rate of 84 per cent which is fantastic.

"The average of $44,000 is significantly up on last year and a gross which is up some $900,000.

"Vendors are extremely pleased and the results showed that buyers had great confidence in the sale.

“The new two day format worked extremely well with strong prices continuing through to the Book Two sale late in the afternoon."

"We've had some pleasing results through all of our sales this year and the trend continued here in Adelaide and we're looking forward to next week on the Gold Coast)."

The bloodstock industry focus now switches to Queensland where the Magic Millions Gold Coast March Yearling Sale will be held on Monday and Tuesday.

DAY 2 TOP LOTS

$190,000 - Zoustar-Amalienborg colt (Lot 269); Vendor: Baramul Stud / Buyer: John Chalmers Bloodstock (WA)

$140,000 - Bel Esprit-Arisma colt (Lot 280); Maluka Thoroughbreds (As Agent) / New Zealand Bloodstock (NZ)

$130,000 - Zebedee-Angel of Hope colt (Lot 274); Willow Grove Stud / Ryan Balfour (SA)

$115,000 - Adelaide-Concluding colt (Lot 324); Maluka Thoroughbreds (As Agent) / Greg McFarlane Racing/Feale Park Training (NSW)

$110,000 - Spirit of Boom-Coupe Express filly (Lot 327); Eureka Stud-Cornerstone Stud Partnership / Dan Meagher Racing (Singapore)

BOOK ONE STATISTICS

(2017 in brackets)

Lots Catalogued: 331 (333)

Lots Sold: 252 (250)

Lots Passed In: 49 (54)

Lots Withdrawn: 30 (29)

Sale Gross: $11,117,000 ($10,279,500)

Top Price: $300,000 ($190,000)

Average Price: $44,115 ($41,026)

Median Price: $35,000 ($30,000)

Sold %: 84 (82)

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