Media Centre

Figures nosedive in OBS August sale finale

THE OBS August yearling sale concluded yesterday with a whimper, with only $38,000 required to secure to top lot, and the average and median both falling by more than 36 per cent.

An Abbie Road Farm-consigned filly from the first crop of A.P. Indy stallion Congrats was the sale topper. She was purchased by Vinery Stables at a value that was nearly 60 per cent less than last year's top price of $90,000.


Second best was a colt by Trippi – sire of dazzling Queen Mary Stakes winner Jealous Again – who was sent up by All Dreams Equine and purchased by All In Sales for $32,000.

Overall, 171 lots of the 230 offeredduring the fourth and final session of the sale sold, for a clearance rate of 74 per cent – which was actually better than on the same day last year, when 70 per cent of the offered horses sold.

However, the average in this year's final session plummeted by 39 per cent from $10,236 to $6,210, and the median dropped by 36 per cent from $5,500 to $3,500. The buyback rate stood at 27 per cent.

During the four days of the sale, 549 horses from 756 sold, at a clearance rate of 73 per cent. With 18 per cent fewer horses offered throughout the sale, turnover fell by 39 per cent from $6,341,700 to $3,879,900.

The average was down by 30 per cent, from $10,098 to $7,067, while the median fell by27 per cent from $5,500 to $4,000.

The next OBS sale will be its Fall Mixed Sale, which takes place on October 12 and 13.

 

Search

TOP TEN

STALLION £ TOTAL PRIZE
Galileo £8,190,648
Dark Angel £2,160,993
Dubawi £2,082,882
Kodiac £1,672,373
Nathaniel £1,530,896
Acclamation £1,475,918
Iffraaj £1,449,745
Frankel £1,436,589
Sea The Stars £1,411,449
Pour Moi £1,283,277