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Street Sense colt tops Magic Millions day four

THE fourth session at the Magic Millions Gold Coast Yearling Sale saw 85 per cent of lots sold, with the running clearance rate now standing at  81 per cent.
The top lot of the day was a Street Sense colt offered by Highgrove Stud and purchased by Hong Kong-based Thomas Li for A$440,000. He is set to remain in Australia in the hands of trainer Peter Moody

The colt is out of the Listed-placed Danehill mare Aristocracy, herself a half-sister to Australasian Group 1 winners Bluebird The Word and Porto Roca, the latter being the dam of last year's King Edward VII Stakes winner Monterosso.

The running aggregate now rests at A$62,657,500 million, with 502 yearlings having sold for an average of A$124,816, down 3.5 per cent on last year, while the median at $90,000 is currently five per cent down on 2010.
Magic Millions managing director Stephen Silk said: "The sale has gone very much in line with our expectations. We were cautiously optimistic that the salewould be around the figures of last year - and we went close with the average and gross figures falling only slightly
"The clearance rate tonight of almost 85 per cent was excellent and we're thrilled with the overall clearance rate of over 81 per cent for the sale. The high Australian dollar was obviously an issue with a number of international buyers - but we still had strong interest and activity from our clients who flew in from abroad.”




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