09/23/2016 9:13PM

Keeneland September: New-look Book 5 slows in pace


Following an impressive showing through the first four books of the Keeneland September yearling sale, a new setup for Book 5 was a factor in the declines from that portion of the catalog.

When Keeneland expanded this year’s September sale from 12 days to 13, it added an extra session to Book 5, which last year comprised just one day. The returns from Friday’s second Book 5 session played closer to last year’s Book 6, producing lower returns.

The two days that comprised Book 5 saw 561 yearlings sold for $10,522,100. The average sale price for Book 5 saw a 19 percent decline to $18,756, from $23,014 in the comparable session last year. The median fell 41 percent to $10,000 from $17,000.

The buyback rate finished at 22 percent, compared with last year’s Book 5 figure of 19 percent.

Leading the trade in Book 5 was a $210,000 Into Mischief colt purchased during Thursday’s first session by J.J. Crupi, as agent under his New Castle Farm banner.

A total of 262 horses sold during Friday’s Book 5 finale, the 11th session of the sale overall, for revenues of $3,749,400. That marked a 24 percent increase from last year’s 11th session, the Book 6 opener, when 216 yearlings brought $3,017,000. Friday’s average sale price rose 2 percent to $14,311 from $13,968, while the median declined 3 percent to $8,750 from $9,000. The buyback rate for Friday’s session finished at 27 percent, up sharply from 13 percent last year.

Leading trade on Friday was a first-crop Point of Entry colt who sold to Brad Anderson for $100,000.

The dark bay or brown colt is out of the unplaced Pulpit mare My McIntosh, whose three foals to race are all winners. He is from the family of Grade 1 winner Senor Pete and Grade 2-placed runners Miss Mary Apples and Dr. Diamond’s Prize.

Larry and Karen Doyle’s KatieRich Farms bred and sold the colt. He is the first foal out of Ms. McIntosh to bring six figures at public auction.

Majestic Warrior was Friday’s leading sire by gross, with seven yearlings selling for a combined $175,000. The former resident of Ashford Stud now stands in Japan. First-crop stallion Animal Kingdom was the leading sire by average sale price, with three by the Darley sire changing hands for an average price of $50,667.

Lane’s End finished as the session’s leading consignor, with 26 horses sold for $370,900. The consignment handled the day’s second-most expensive offering, an Artie Schiller filly sold to Eisaman Equine for $80,000.  Eisaman was the day’s leading buyer, with three purchases totaling $175,000.

After 11 days of trade, a total of 2,477 yearlings have sold for $270,363,600, down 3 percent from the same point in 2015 when 2,575 yearlings brought $279,977,300.

The cumulative average sat at $109,150, up 0.4 percent from $108,729, while the median was down 12 percent to $50,000 from $57,000. The buyback rate was slightly up to 26 percent from 25 percent.

Book 6 of the Keeneland September sale begins Saturday, and the auction concludes on Sunday, with both sessions starting at 10 a.m. Eastern.

For hip-by-hip results, click here.