01/29/2015 8:44PM

Average up, gross and median down at OBS winter mixed sale


The 2015 Ocala Breeders’ Sales Co. winter mixed sale closed Thursday with declines from a significantly smaller group of offerings.

The two-day sale finished with 337 horses sold for revenues of $4,798,800, down 24 percent from the 2014 auction when 461 horses sold for a combined $6,326,500. However, it is important to note that the catalog featured 37 percent fewer entries than the previous renewal, which clearly affected the gross.

The average sale price saw an increase of four percent from $13,723 to $14,240, while the median dipped 15 percent from $8,500 to $7,200. The buyback rate finished at 18 percent, down significantly from the 2014 winter mixed sale, which closed with a 27 percent buyback rate.

Six horses sold for $75,000 or more during the 2015 OBS winter mixed sale, one more than the number to reach that threshold in 2014.

A newly-turned yearling filly from the first crop of The Factor topped the sale, and was the auction’s only six-figure horse, going to George Bolton and Peter Leidel for $190,000 during Wednesday’s opening consignor-select session.

The gray or roan filly is out of the winning Cobra King mare Viva Vega, whose six foals to race were all winners, including Grade 3-placed stakes winner Southern Dude. The transaction made her the most expensive filly out of Viva Vega to sell at auction.

Bred in Louisiana by Summer Grove Farm and Terry Gabriel, the filly is from the family of Grade 3-placed stakes winners Follow Me Home and She’s Offlee Good. She was consigned by Kim Harrison, as agent.

Euro Exchange, an unraced 3-year-old Exchange Rate colt, topped the second day of selling and the horses of racing age session, going to Jim Stackpoole for $90,000.
The gray or roan colt is the second foal out of the unplaced Rahy mare Merciful, who is the dam of one foal to race. Bred in Kentucky by Three Chimneys Farm and J. V. Shields Jr., Euro Exchange’s extended family includes Grade 3 winner Proctor.

Cutting Edge Equine, acting as agent, consigned the colt, who was one of five horses to turn in the fastest three-furlong time of the pre-sale under-tack show for horses of racing age, covering the distance in :33 2/5 seconds.

Harris Training Center secured the sale’s most expensive broodmare, Pyrite Final, for $80,000 during Wednesday’s session.

The 9-year-old unplaced daughter of Formal Dinner sold in foal to Kantharos and is the dam of two winners from two foals to race, including stakes-placed Morgans Harbour. Boutte Sales consigned the mare as agent.

Bred in Ohio by Dr. D W Frazier, Pyrite Final is out of the winning Green Forest mare Pink Forest, making her a half sister to stakes winners Pyrite Springs, Forest Picnic, and Rose Colored Lady. The latter became the dam of Grade 2 winner and sire Too Much Bling, as well as three additional stakes winners and the dam of Grade 2 winner El Kabeir. Her extended page includes French champion Baiser Vole.

Top Line Sales finished the OBS winter mixed sale as the leading consignor by gross with 26 horses sold for a combined $456,800, led by Euro Exchange, the sale’s most expensive offering during Thursday’s horses of racing age session.

Bolton and Leidel were the auction’s leading buyers, based on the sole purchase of the sale-topper.

The open session that kicked off Thursday’s session saw 141 horses change hands for $1,088,100, which marked a 38 percent drop from 2014, when 209 horses sold during the open portion for $1,754,900. The average sale price fell eight percent from $8,397 to $7,717, and the median declined 20 percent from $4,000 to $5,000.

The horses of racing age portion of the market followed the trend of the overall OBS winter mixed sale market, posting decreases in gross and median with a mild gain in average. A total of 70 horses were sold during the session for $1,200,700, down 25 percent from last year, when 98 horses brought $1,608,900. The average rose four percent from $16,417 to $17,153, while the median fell 27 percent from $10,000 to $7,350.