12/14/2001 12:00AM

Record price at Hong Kong sale

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A $576,931 Danehill colt topped Friday's Hong Kong Jockey Club's Piaget International sale and set a record as the auction's most expensive sale topper.

The one-night auction, conducted in Hong Kong by Keeneland, sold 38 juvenile colts and geldings without reserve for total revenue of $7,224,452 (American). The auction's average price, as would be expected from an increase in catalog size, dropped 31 percent in local currency and was $190,117 when converted to American currency.

The 2001 sale topper is out of the Darshaan mare Caraniya. He is a half-brother to Irish Group 3 winner Cajarian and to French stakes-placed winner Dancer and Son.