LEXINGTON, Ky. - Fasig Tipton Kentucky's winter mixed sale ended its two-day run here Monday with a $270,000 sale-topper bought by Eugene Melnyk.
The auction offered more horses this year, prompting company officials to expand it from one to two days. This year's 285 lots sold for $3,160,900, up 12 percent from last year, when 248 sold. The average and median prices declined slightly, the average 2.7 percent from last year's $11,408 to $11,091, and the median from $5,200 to $5,000. The buy-back rate rose from 18 percent in 2002 to 27 percent this year.