10/18/2013 6:46PM

Tattersalls: Book 3 session posts improved results


Book 3 of the Tattersalls October yearling sale continued the upward trend of the sale’s first two segments, finishing with across-the-board improvements from last year.

Tattersalls reported 216 horses sold for revenues of 2,304,300 guineas (about $3.9 million), an improvement of 38 percent over last year’s total of 1,669,600 guineas (about $2.8 million) from 199 sold. Compared in guineas, the average sale price rose 27 percent to 10,668 guineas (about $18,100), while the median rose 15 percent to 6,900 guineas (about $11,700). The buyback rate was 17 percent.

“Record individual prices may have dominated the headlines last week, but it has been the sustained demand throughout the past two weeks which has been the real feature of the 2013 Tattersalls October yearling sale,” said Tattersalls Chairman Edmond Mahony. “While Book 3 caters for a different sector of the market, today's trade has mirrored the strength of Books 1 and 2 with significant gains in turnover, average and median and equally importantly, a clearance rate above 80 percent.”

Leading Book 3 was a Dutch Art colt, who was secured by Michael Carty for 57,000 guineas (about $96,750) The French-bred bay colt is out of the Warning mare Bye Bold Aileen, who is the dam of six winners from seven foals to race, including stakes winner Manston. Consigned by Trickledown Stud, the colt is related to Grade 2 winner John’s Gold and Grade/Group 3 winners Life at the Top and Alpine Garden.

Through the sale’s first three books, a total of 1,320 yearlings were moved for 109,006,800 guineas (about $185 million), up 8 percent from 100,811,100 guineas (about $171.1 million) last year from 1,405 sold. The average price was up 15 percent to 82,581 guineas (about $140,200), while the median of 42,000 guineas (about $71,300) rose 10 percent.

For complete results, click here.