Sales Reports

Cracking trade at the DBS Festival Sales

08/09/2011

The DBS St Leger Festival Sales returned a set of figures on a par with those achieved in 2010, with an aggregate that increased by 17% to £757,400, an average of £9,966 and a median that matched that of last year at £8,000. The clearance rate also matched that of 2010 at 67%.

The sale was topped by a Sleeping Indian filly who was bought by Stephen Hillen for £35,000. Out of the Listed placed Vale Of Belvoir, the filly was consigned by Tweenhills Stud and attracted interest from Karl Burke before Hillen bought the filly, who shares her sire with the exciting Night Carnation, when stood in the sales pavilion with Kevin Ryan.

The Group 3 winning Lady Dominatrix was the dam of the next highest priced horses when the Bahamian Bounty colt was bought by owner C. R. Marks, who will have the horse in training with John Gallagher. The colt was a half brother to the Listed winning Janina.

Robin O’Ryan was responsible for a brace of higher Lots when purchasing a Green Desert colt from Oaks Farm Stables for £32,000 and an Elusive City colt from Norton Grove Stud for £31,000.

Follwing the conclusion of the sale, DBS Managing Director Henry Beeby said:

‘Tonight’s St Leger Festival Sales continued where last week’s Premier Yearling Sales left off with a solid trade for the good looking yearlings. Once again there was strong demand for the best individuals and healthy interest from start to finish although it is fair to say this is an unforgiving market of any perceived faults, whether of pedigree or conformation.

This sale acts as the perfect follow up to last week and is very similar in atmosphere to the old St Leger Yearlings Sales with a diverse crowd of racegoers and buyers. To record an identical clearance rate from a bigger number is an achievement in itself and the median has also held steady over the 12 months following a 33% rise last year whilst the average is within a bid of last year, again quite acceptable when considers that the sale recorded a record price of £65,000 last year resulting in the average jumping by 30%.

There is no doubt that both DBS Yearling Sales have started the Anglo/Irish circuit in a most positive fashion especially as the majority of the buyers have been home based. In the current climate that must give rise to some very real optimism

For now the DBS can pass the mantle to the Goffs team and I am really looking forward to 27 September as I fervently believe that this year’s Orby catalogue is the best for some time both in the flesh and on paper.’

Comparative Figures

 

Offered

Sold

Turnover (£)

Average (£)

Median(£)

2010

91

61 (67%)

649,300

10,644

8,000

2011

114

76 (67%)

757,400

9.966

8,000

 
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