LEXINGTON, Ky. - Topped by $4 million mare Twenty Eight Carat, the Keeneland November breeding stock sale concluded Thursday with steep declines from last year's edition.
The 2001 sale, compromised by the impact of mare reproductive loss syndrome, cataloged just 4,115 lots, down substantially from last year's record catalog of 5,111. The 2001 auction sold 2,506 lots for total revenue of $179,568,600 and an average price of $71,655. Last year, buoyed by dispersals of high-quality stock, 3,266 lots brought a total of $301,994,800 and a record average of $92,466.