12/09/2013 6:20PM

Fasig-Tipton: Midlantic December sale posts improved figures

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The Fasig-Tipton Midlantic December mixed sale finished the North American auction calendar on a positive note Monday, with continued signs of market recovery on national and regional levels.

A total of 133 horses were sold during the one-day auction for revenues of $1,516,700, a 32 percent increase compared with last year’s gross of $1,150,200 from 140 sold. The average sale price of $11,404 marked a 39 percent improvement over $8,216 in 2012, while the median rose 25 percent, from $4,000 to $5,000. The buyback rate for Monday’s sale was 28 percent, keeping steady with last year’s figure.

Stakes winner Mystic Love, a 3-year-old Not For Love filly who sold to Greenmount Farm as a racing or broodmare prospect for $100,000, topped the sale. She was the only offering of this year’s Midlantic December sale to sell for six figures.

Mystic Love, who was consigned as agent by Bill Reightler, has won three of ten career starts for earnings of $196,310, highlighted by wins in the Selima Stakes at Laurel Park and the Dania Beach Stakes at Gulfstream. She finished third in her most recent start, missing by a neck in the Geisha Stakes on November 9 at Laurel.

Bred in Maryland by Dark Hollow Farm, Mystic Love is the first winner from three foals to race out of the winning Dixie Union mare Memories of Mystic, and she is the most expensive foal out of her dam to sell at public auction. She is from the family of champion Go For Wand and Grade 2 winners Discorama and Dance Spell.

Highclere Inc. purchased the highest-priced weanling of the sale, going to $92,000 for a Kitten’s Joy colt out of the winning E Dubai mare Right On It. The bay colt, bred in New York and consigned by McMahon of Saratoga Thoroughbreds, as agent, is from the family of Grade 1 winner and sire Slew City Slew, Grade 1 winner Weber City Miss, and Group 3 winners Toyo Seattle and Black Rock Desert.

For hip-by-hip results, click here.

Fasig-Tipton Midlantic December mixed sale final results:

Year Sold Gross Average Median Buyback
2013 133 (-5%) $1,516,700 (+32%) $11,404 (+39%) $5,000 (+25%) 28%
2012 140 $1,150,200 $8,216 $4,000 28%


 

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