Tattersalls: Gains continue during second Book 2 session

The second of four Book 2 sessions at the Tattersalls October yearling sale in Newmarket, England, concluded with across-the-board gains and a lower buyback rate than the comparable 2012 session. Although the gains were smaller than Monday’s opening Book 2 session, trade at the upper end of the market was more active, with five horses surpassing the 200,000-guinea mark compared with only one on Monday.

Tattersalls reported 200 yearlings sold on Tuesday for gross receipts of 9,561,500 (about $31,129,000). Compared in guineas, the gross increased 3 percent compared with 2012, when 208 lots sold for 9,300,500 guineas (about $15,722,600). Tuesday’s average of 47,808 guineas (about $80,270) rose 7 percent from last year’s second Book 2 session, and the median price of 36,000 guineas (about $60,450) increased 3 percent. The buyback rate for Tuesday’s session was 11 percent, compared with 13 percent in 2012.

The session topper on Tuesday, a colt from the first crop of Coolmore stallion and multiple Group 1 winner Rip Van Winkle, went to Paul Smith, son of Coolmore partner Derrick Smith, for 230,000 guineas (about $386,350). Consigned by Cheveley Park Stud, the colt is out of the winning King’s Best mare Shanghai Lily and is from the family of Grade 1 winner and Saratoga course record-setter Kiri’s Clown, Group 3 winner Jutland, and Group 1-placed Mystery Play.

Through two days of the Book 2 section, Tattersalls has moved 394 yearlings for a gross of 18,542,000 guineas (about $31,129,005), which is 14 percent ahead of the 2012 Book 2 section at the same point. Book 2 continues on Wednesday and concludes on Thursday.

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