09/28/2011 4:15PM

Gross up, average and median fall at Goffs Orby sale

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The Goffs Orby sale in Ireland saw gains in gross at its first two sessions, but the average and median fell in a tepid performance.

The sale-leader after selling Tuesday and Wednesday was a 350,000-euro New Approach filly that Sheikh Hamdan al-Maktoum’s Shadwell Estate Company bought from The Castlebridge Consignment. The price was equivalent to about $476,000. The chestnut filly is out of the Indian Ridge mare Posterity and is a half-sister to Group 3 winner Future Generation.

Shadwell also bought the second highest-priced horse so far, a 340,000-euro filly by Arch out of the Kris winner Princess Kris. Airlie Stud sold the U.S.-bred filly, a full sister to Grade 1 winner Prince Arch and a half-sister Group 1 winner Kingsfort. Her price was about $462,400 in American terms.

After Wednesday’s second of three sessions, the Orby sale had grossed about $27,871,840, resulting in an average of about $83,699 for the 333 horses sold. The median was about $57,120. Compared year to year in the auction currency of euros, gross was up 3 percent, but average and median dipped by 5 percent and 7 percent, respectively. Buybacks remained close to level with last year, falling just 1 percentage point, from 19 percent to 20 percent.