09/15/2013 9:09PM

Keeneland September: Gains continue in Sunday's session


After the heavy hitters had their fun in Book 1, a second wave of buyers helped propel Book 2 to significant improvements over last year’s weekend sessions.

During Sunday’s sixth session, a total of 290 horses were sold for a total of $28,229,000, an increase of 31 percent over last year’s day six gross of $21,625,000. The average sale price of $97,341 was an improvement of 26 percent over $76,957 last year, while the median rose 33 percent from $60,000 to $80,000.

The buyback rate was 23 percent, which was consistent with last year’s figure.

Further displaying the improvement in this segment of the market, the number of horses that sold for $250,000 or more during the fifth and sixth sessions of the Keeneland September sale doubled last year’s amount during the same span, rising from 21 yearlings to 42. The number of horses to hammer for $150,000 or more nearly doubled, increasing 95 percent from 83 to 162.

“I think the weekend was very good, it was strong,” said Geoffrey Russell, Keeneland’s director of sales. “That is the magic of the sale. You keep on moving. That’s what makes September. There was a lot of nice horses sold today, and we hope there will be a lot of horses sold [Monday].”

Sunday’s session was led by a Medaglia D’Oro colt who went to Roy Jackson’s Lael Stable for $385,000.

The dark bay or brown colt is the first foal out of the winning Vindication mare Loving Vindication. Bred and consigned as agent by Anderson Farms, the Ontario-bred is from the family of Grade/Group 1 winners Mashaallah and Folk Art and Grade 3 winner Chimichurri.

Taylor Made Sales Agency was the leading consignor of the day by gross, with 34 yearlings moved for $3,793,000. Their group was led by full brother to Grade 3-placed stakes winner Amarish, by Scat Daddy, who sold to Mayberry Farm for $250,000.

A pair of leading pinhookers occupied the top two spots among buyers by gross: Nick de Meric, as agent, and Barry Eisaman’s Eisaman Equine. Top buyer de Meric secured 11 purchases for a total of $1.2 million, with his biggest ticket coming from a $180,000 Street Sense colt, who is the third foal out of the winning Halo’s Image mare Com Easy. Eisaman Equine bought 9 yearlings for $790,000.

First-crop sire Quality Road, a Lane’s End resident, was Sunday’s leader by gross sales, with 12 foals sold for a combined $1.34 million. His group was led by a $240,000 filly out of champion Xtra Heat who went to Kinsman Farm.

WinStar Farm stallion Tiznow was the leading stallion by average among those with three or more sold, with four yearlings bringing an average of $195,000. Castleton Lyons purchased the most expensive Tiznow foal of the session, going to $285,000 on a colt out of the Storm Cat mare Catalonian.

Through six days of selling, the Keeneland September sale has racked up revenues of $216,922,000 from 1,116 horses sold. That figure marks a 20 percent increase from the $180,269,000 generated from 1,232 yearlings sold in 2012. The six-day average price is $194,375, up 33 percent from $146,322, while the median in the same span of time is up 45 percent, from $100,000 to $145,000.

Book 3 of the Keeneland September sale begins on Monday at 10 a.m., Eastern, and the sale continues through Sept. 21.

For hip-by-hip results, click here.