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Sizing Europe winning the AIG

Alan Ahern bought a €32,000 colt related to Sizing Europe (pictured)

  PICTURE: John Grossick  

Median improves as November Sale finishes

TATTS IRELAND NOVEMBER SALE OVERALL FIGURES (€)
Year Cat Offered Sold Agg Average Median
2009 1,332 1,149 633 6,79,350 10,737 7,000
2008 2,840 2,178 980 10,941,450 11,165 6,000
TATTS IRELAND NOVEMBER SALE MARES (€)
Year Cat Offered Sold Agg Average Median
2009 81 65 32 473,900 14,809 6,000
2008 292 198 66 1,018,800 15,436 7,400
TATTS IRELAND NOVEMBER SALE FOALS (€)
Year Cat Offered Sold Agg Average Median
2009 951 836 484 5,315,300 10,982 7,500
2008 1,754 1,385 692 7,542,450 10,899 6,000

 

A MUCH reduced Tattersalls Ireland November National Hunt Sale ended tonight after a solid week’s trade that produced a satisfactory set of figures which left the company happy with the performance of their largest sale of the year.

Reduced from 11 sessions to five and with a catalogue some 53 per cent smaller than last year's, the sale turned over nearly €7 million compared with almost €11 million in 2008, which represented a drop of 38 percent.

However, the median improved by 17 percent to €7,000 and the average of €10,737 was down just four percent on the corresponding figure from twelve months ago.

Overall the clearance rate rose from 45 to 55 percent and the much smaller catalogue helped to bring about improved clearance rates and more concentrated levels of demand in all categories. In the all-important foal market demand remained strong for the better foals with those buying for racing interests and those looking to resell finding that there was plenty of competition.

As expected, it was tough-going in the lower reaches of the market, but overall the sale performed creditably given how tough several of the major store sales proved to be during the summer and thatthe market at this sale is almost exclusively reliant on Irish and British interests.

"It is fair to say we are extremely pleased with the trade this week," reflected Tattersalls Ireland managing director George Mernagh. "The strong demand for foals has surpassed our most optimistic expectations. We were delighted to see the large presence of UK purchasers alongside Irish buyers.

"Whilst we are well aware of the difficulties in the broader economy, this sale can be viewed upon with immense satisfaction. Prior to the sale we were somewhat apprehensive as to how trade might be however we have witnessed strong demand for quality stock this week.

"The reduced catalogue has contributed to the competition for foals as has the pragmatic approach by vendors when setting reserves.

"Trading conditions will undoubtedly be challenging in the coming year however this week has given the National Hunt Business a renewed confidence and we can look forward to the 2010 Sales Season with cautious optimism.

"Looking to the future, the challenges for vendors and sales companies involved in the marketing of National Hunt horses remains how to present the traditional Irish store horse in a way that will encourage greater participation by jumps owners."

At €85,000 the Supreme Leader mare Supreme Serenade took centre stage on the final session which was given over to mares and foals. Sold by Simon Walford’s Knightsbrook on behalf of David Vann, Supreme Serenade always promised to be one of the stars of the day as the winner of the Grade 3 Sandown Handicap Hurdle and sold in foal to Presenting.

The final session was given over to foals and mares and it was the latter category the provided the biggest prices of the day.

Sold by Simon Walford's Knightsbrook on behalf of David Vann, Supreme Serenade always promised to be one of the stars of the day as the winner of a Grade 3 Sandown Handicap Hurdle and sold in foal to Presenting.

For much of the bidding it appeared as though Michael Hickey would secure the ten-year-old but he was unable to counter a late challenge from Paddy Doyle of Slaney River Stud.

Doyle has already enjoyed some notable success as a breeder having produced Colm Murphy's high class mare Megan's Joy and the smart Peter Bowen-trained chaser Valley Ride.

Just prior to this Paul Thorman had to give €65,000 for another daughter of Supreme Leader in foal to Presenting. Sold as partof the partial dispersal of the late John Fowler, the ten-year-old La Marianne proved herself a smart mare on the track with a number of black type placings.

"I've bought her for an existing client who is looking to upgrade and Ithink that she fits the bill," said Thorman. "She was a decent racemare sold with a good cover. She's young enough and there's plenty happening in the family. We were pleased to get her."

Earlier the foals were headed by a €40,000 son of Presenting who came to Tommy Wade after he saw off the attentions of John O'Byrne. The Thomas Horgan-consigned colt comes from the family of Waterloo Boy.

Much earlier in the day Martin Cullinane spent €33,000 on a Presenting colt belonging to Mags Melody. At the mare sale here 12 months ago the latter paid €65,000 for the mare Land Of Honour who was carrying this colt. Land Of Honour is a half-sister to Paul Nicholls' Cheltenham Gold Cup scorer See More Business.

"I've bought him for a friend of mine and it's quite likely that he'll be reoffered," commented Cullinane. "He's a good individual by a good sire and from a good family."

Alan Ahern then gave €32,000 for a son of Flemensfirth whose dam is a half-sister to the leading Arkle Chase contender Sizing Europe.

"He's a good colt and Sizing Europe is probably the main reason I've bought him,"reported Ahern. "He's a top class horse and looks like he could go all the way over fences. Hopefully he'll win on Sunday at Punchestown. We could sell him as a three-year-old."

Another €32,000 price tag came when John O'Byrne picked up a son of Old Vic out of the useful Supreme Touch from Rheindross Stud, while Eugene McDermott rounded off an industrious week by giving €30,000 for a Presenting colt consigned by Ennel Bloodstock on behalf of Prospect House.

"He's a good foal. It's the usual story, hopefully he'll be back here for the Derby Sale in a few years' time," commented the Kennycourt Stud owner.

 

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TOP TEN

STALLION £ TOTAL PRIZE
Galileo £7,253,742
Dark Angel £2,146,821
Dubawi £2,076,178
Kodiac £1,668,157
Nathaniel £1,528,047
Acclamation £1,474,007
Iffraaj £1,444,247
Sea The Stars £1,411,233
Frankel £1,318,633
Pour Moi £1,283,277