10/14/2013 4:28PM

Tattersalls: Book Two section begins with sizable gains

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A High Chaparral colt sold for 275,000 guineas (about $461,500) to lead Monday’s first Book Two session of the Tattersalls October yearling sale, which followed last week’s record-setting Book One session and improved significantly on the first Book Two session of the 2012 sale in all major economic indicators.

Tattersalls reported 194 lots sold on Monday for gross revenues of 8,980,500 guineas (about $15,073,000). Measured in guineas, the first session gross was up 29 percent compared with the Book Two opener in 2012. The average price of 46,291 guineas (about $77,700) and the median of 38,000 guineas (about $63,775) rose 22 and 27 percent, respectively, compared with 2012. The buyback rate also improved to 16 percent, compared with 22 percent last year.

Coolmore representative M.V. Magnier signed the ticket for the session-topper, a bay colt consigned by Castlemartin Stud. The colt is out of the winning Dalakhani mare Middle Persia, and is from the family of Group 1 winner and prominent European sire Invincible Spirit as well as Group 1 winner Nayarra and several other group stakes winners.

The Tattersalls Book Two segment continues with three more sessions this week, ending Thursday.