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Average drops at tough Emperors Palace Sale

A 25 PER CENT drop in average marred this year's renewal Emperors Palace National Yearling Sale in South Africa, which concluded its three-day run on Sunday.

With a number of yearlings who would have been catalogued to this sale in previous years selling at the inaugural Cape Premier Yearling Sale in January, there was always a chance that this sale could suffer. And even though 88 per cent of yearlings offered changed hands, the aggregate dropped 29 per cent to R115,310,000 (£10,347,369/€11,757,414) while the average sunk to R244,301 (£21,919/€24,909).

"These prices are a realistic reflection of the economy," said Jan Naude, CEO of the South African TBA. "There was plenty of good money for the top horses, but the middle market struggled."

Day three was topped by a R2million (£179,447/€203,917) daughter of Giant's Causeway from the family of top-class two-year-olds Fasliyev and Misty For Me who was bought by Markus Jooste.

Sunday's session also saw the only Dubawi yearling catalogued, a filly out of Amber Shore, sell for R550,000 to Sean Tarry Racing Stables.

In all, 16 yearlings sold for seven figures led by a daughter of champion sire Jet Master out of stakes winner Jalberry, who topped the sale at R3.2 million. Her sale marked the highlight of an exceptional three days for Jet Master, who ended the sale as leading sire by average with 35 sold at an average of R609,286.

Form Bloodstock was the leadingbuyer, paying a total of R10.2 million for 20 yearlings.

 

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TOP TEN

STALLION £ TOTAL PRIZE
Galileo £11,597,622
Dark Angel £3,704,206
Dubawi £3,194,696
Frankel £2,708,934
Kodiac £2,231,181
Acclamation £2,090,548
Iffraaj £2,067,853
Sea The Stars £1,923,734
Nathaniel £1,880,694
Invincible Spirit £1,699,882