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International and domestic money strengthen Tattersalls

Tattersalls Autumn HIT comparative results (gns)

 Year  Cat  Off  Sold  Aggregate  Average  Median
 2009  1,533  1,063  903  17,457,800  19,333  9,000
 2008  1,709  1,186  935  19,690,300  21,059  8,000

BUYERS from over 30 different countries combined with strong domestic flat and jumping demand to help produce figures close to their 2008 equivalents by the time Tattersalls' Autumn Horses In Training Sale finished in Newmarket yesterday evening.

It will be reassuring for many that - while they may have concerns about domestic prize money levels - form horses from Britain, Ireland and France still have a major resale value both at home and abroad.

The sale's 19,333gns average price was eight per cent lower than last year but the 9,000gns median rose by 13 per cent. The 17,457,800gns turnover dropped by 11 per cent while the clearance rate improved from 79 per cent to 85 per cent.


Nothing approached Tuesday's sale-topping price of 400,000gns yesterday, a session when vendors paid only a £300 entry fee compared to £475 on the first three days, and the standard of horse dropped accordingly.

The top lot proved to be two-year-old Rezwaan. Offered a fortnight after winning a Nottingham nursery for Ed Dunlop, he changed hands for 55,000gns after Gloucestershire agent Geoffrey Howson outbattled Dunlop's one-time assistant William Knight to get the gelding on behalf of Gallagher Equine.

"He's going back to Pat Gallagher's farm in Kent and then he'll decide on a trainer," said Howson. "He's a lovely looking horse who vetted well and should make a nice three-year-old."

David Myerscough's three-time winner Miss Minnies was another in demand, selling for 35,000gns to a Saudi buyer, while Mr Udagawa - who recently broke his duck for Ralph Beckett in a Nottingham maiden - will join Glamorgan trainer Bernard Llewellyn after making 28,000gns.

As ever at this sale there were buyers frustrated by the number of late withdrawals, while others suggested that it is time that - in line with other sales companies - Tattersalls include ratings and basic form in their catalogue, something that would be more pertinent to purchasers at this event than extended pedigrees.

But company chairman Edmond Mahony was happy with the four-day sale by the time business finished last night.

"Our 2009 yearling sales outperformed expectations and this week's sale has continued in a similar vein," said Mahony. "The Autumn Horses In Training Sale is a unique fixture and yet again it has attracted a uniquely diverse crowd of buyers all of whom have contributed to a sale which has produced a significant increase in the median as well as a higher clearance rate than last year.

"The sale was perhaps a touch short of obvious stars and, considering the strength of the market, the handful of high-profile withdrawals was a little disappointing, but overall this has been another week which has provided encouragement for the industry.

"Quality horses have sold particularly well with buyers from all corners of the world providing stern competition for the domestic buyers from both the Flat and National Hunt fraternities."

He continued: "As ever our Middle Eastern buyers have had a massive impact on the sale and it has been equally gratifying to have seen the success of past graduates from the sale attracting an unprecedented number of Australian buyers.

"The key to the enduring success of the Autumn Horses in Training Sale is its ability to attract buyers in numbers at all levels of the market and our promotional visits to emerging markets throughout Europe and further afield, many of them in conjunction with British Bloodstock Marketing, continue to bring new faces to the sale."




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