11/25/2013 12:56PM

Numbers soar at Goffs November auction


The Goffs November sale concluded on Saturday with across-the-board increases and strength in both the foal section and the breeding stock section, the latter of which was fueled by a record-priced filly.

Overall, the six-day sale, which featured a small yearling auction as well as the larger foal and breeding stock sections, finished with revenues of over 31.3 million Euros (about $42.3 million in U.S. funds), an average of 30,552 Euros ($41,250), and a median of 16,000 Euros ($21,600). Those figures rose 35 percent, 15 percent, and 19 percent, respectively, from last year’s auction. The cumulative buyback rate was 16 percent, compared with 25 percent in 2012.

Irish Oaks winner Chicquita topped the auction, fetching a price of 6 million Euros (about $8.1 million), a record for a filly or mare at auction in Europe. The filly was sold on Friday as part of the dispersal of Paul Makin’s breeding stock under his Paulyn Stables banner. Peter and Ross Doyle’s operation purchased the 3-year-old Irish-bred Montjeu filly, who also finished second in the French Oaks this year and is out of the stakes-winning Dansili mare Prudenzia.

The Paulyn Stable dispersal also featured such horses as Group 1 winner Fleeting Spirit (sold for 1.1 million Euros), and Song, a Sadler’s Wells full sister to Irish 1000 Guineas winner Yesterday and Group 1 winner Quarter Moon, offered in foal to Frankel (sold for 1 million Euros). The Paulyn horses, offered by the Castlebridge Consignment, went through the Goffs sales ring on Friday and amassed gross receipts of over 12.7 million Euros (about $17.2 million), posting an average of 530,583 Euros ($783,940) and a median of 220,000 Euros ($297,000). With those numbers removed, the gross from the two-day breeding stock section at Goffs still exceeded 2012 receipts by 60 percent, with a 44 percent jump in average and a 32 percent rise in median.

The foal section, held last Monday through Thursday, tallied gross receipts of over 18 million Euros, a 23 percent increase over the 2012 foal sale. The average of over 26,000 Euros improved by 2 percent, and the 17,000-Euro median climbed 13 percent. The highest-priced foal went to David Redvers for $420,000 (about $567,000). The bay colt, from the second crop of multiple Group 1 winner Rip Van Winkle, was consigned by Jockey Hall Stud.