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Medaglia D Oro - Saratoga 2003

Medaglia d'Oro: a daughter of the leading young sire became the most expensive female thoroughbred sold at auction in Maryland at $650,000

  PICTURE: Horsephotos/NTRA 

 

Increases all-round at Fasig-Tipton Midlantic

AN increase in turnover of 23 per cent and a new auction record for a female thoroughbred sold in Maryland were the highlights of a strong Fasig-Tipton Midlantic Sale in Timonium, Maryland, on Monday.

The day saw 273 horses sell for a total of $13,099,500. The average leapt 14 per cent to $47,984 while the median rose eight per cent to $27,000. The clearance rate improved from 79 per cent to 87.5 per cent.

A daughter of Medaglia d'Oro offered by Eisaman Equine on behalf of the estate of the late Edmund Gann, who raced her Grade 1-winning sire, brought the highest price of the day when selling to Jess Jackson's Stonestreet Stable for $650,000.

Stonestreet Stable races Medaglia d'Oro's champion first-crop daughter Rachel Alexandra.

As well as being the most expensive female thoroughbred ever to sell in Maryland, the filly was also the second dearest horse to sell through public auction in the state.

Fasig-Tipton CEO Boyd Browning did the bidding on behalf of Jackson after taking instructions from Stonestreet advisor John Moynihan by phone. Agent Buzz Chace put in a spirited challenge by opening the bidding at $300,000 before pressing Stonestreet all the way.

The Kentucky-bred is the first foal out of the stakes-winning Valid Expectations mare Chit Chat Pam, and had breezed the co-fastest furlong of :10 1/5 seconds.

A grey son of Tapit was the most expensive colt of the day, selling to agent Steve Young for $450,000. Eddie Woods consigned the colt, who is out of the winning Cherokee Run mare Prall Street, on behalf of his breeders, Bill Graves and Dennis Lynch, both of whom are staff at Fasig-Tipton.

 

 

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