A colt by Fastnet Rock topped the second and final day of the 2010 Magic Millions National Horses in Training Sale at the Gold Coast today.
Local bloodstock agent Grant Morgan went to $150,000 to secure the colt who was offered for sale by the Nolen Racing team.
“He’s a beautiful walker,” Morgan said of the well bred youngster. “He was a lovely mover in the breeze up and he had a lot going for him.”
“The sire is going so well and he’s from a top family – it’s great to be able to buy him.”
Morgan, who syndicated and part owns the top Fastnet Rock sprinter Faster Son, said his latest purchase would be prepared by Trevor Bailey.
“A number of clients who part own Faster Son will take a share in this colt,” Morgan summed up.
Another Queensland based buyer, Edward O’Dwyer was in the thick of the action today when he went to $135,000 to buy a Testa Rossa colt from the draft of Washpool Lodge.
“He was my pick of the sale,” O’Dwyer said. “He’s very athletic and has proven speed.”
“It’s a pleasure to be able to buy a horse from such a professional vendor as Washpool Lodge. You know it’s been well educated and very sound.”
Over the past two days of selling over $8.3 million was traded on 216 lots at an impressive average price of $38,493 – up 11 per cent on last year’s figures.
The overall clearance rate rounded at at 71.3 per cent – a figure that compares favourably with last year’s sale when 72 per cent of those offered were sold.
Yesterday 15 prospects sold for at least $100,000 – today another 10 sold in the six figure bracket.
Magic Millions Managing Director Stephen Silk said his team was delighted to see yesterday’s encouraging results flow on today.
“It was nice to see the clearance rate increase today as the quality lots of the auction attracted good interest from buyers,” Silk reported.
“We had a strong buying bench from around Australia and overseas and there’s no doubt they have snapped up some great value purchases.”
“This sale has great attraction to our Asian clients thus to have finished the sale with an increased gross and a higher average price is a great result considering the high Australian dollar.”
“Last year’s figures were boosted with the sale of Seriously Good for $360,000 – so to have such positive figures with a $180,000 top priced lot is impressive.”
The Magic Millions team is now busily preparing the catalogues for their upcoming feature yearling sales at the Gold Coast as well as in Perth, Adelaide and Tasmania.
SESSION TWO TOP SELLERS
$150,000 – Fastnet Rock-Lute colt
Vendor: Nolen Racing (As Agent) / Buyer: Grant Morgan (Qld)
$135,000 – Testa Rossa-Decipher colt
Washpool Lodge (As Agent) / Edward O’Dwyer (Qld)
$130,000 – More Than Ready-Gathering Storm colt
Eliza Park (As Agent) / World Wide Bloodstock (Sth Africa)
$110,000 – Written Tycoon-Chapent colt
Washpool Lodge / Basil Marcus (Singapore)
$110,000 – Excites-I’m a Showoff colt
Washpool Lodge (As Agent) / JPT Syndicate (Qld)
$100,000 – Exceed and Excel-Capishe colt
Attunga Stud (As Agent) / Trevor Bailey (Qld)
$100,000 – Mugharreb-Champagne Mist colt
Kingsportz Pty Ltd (As Agent) / Magic Millions as agent (Singapore)
$100,000 – Oratorio-Irish Rumour colt
Symphony Lodge (As Agent) / Magic Millions as agent (Singapore)
$100,000 – Hussonet-Miss Kariba colt
Oakwood Farm (As Agent) / Scone Bloodstock Services (NSW)
$100,000 – Outback Prince-Moongambler colt
Attunga Stud (As Agent) / Magic Millions as agent (Singapore)
OVERALL SALE TOP SELLERS
$180,000 – Gonski-Blazing Sky colt
Vendor: Kenmore Lodge / Buyer: World Wide Bloodstock (Sth Africa)
$150,000 – Fastnet Rock-Lute colt
Nolen Racing (As Agent) / Grant Morgan (Qld)
$150,000 – O’Reilly-Ultima Vita filly
Oakwood Farm (As Agent) / Cameron Cooke Bloodstock (Vic)
$150,000 – Show a Heart-Vital Statistic colt
Robyn Wise (As Agent) / Scone Bloodstock Services (NSW)
$145,000 – Snowland-Soft Spoken colt
Oakwood Farm (As Agent) / Magic Millions as agent (Singapore)
$140,000 – California Dane-Amazonian colt
Robyn Wise (As Agent) / Michael Freedman (Singapore)
$135,000 – Dubai Destination-Ruffles colt
Robyn Wise (As Agent) / Magic Millions as agent (Singapore)
$135,000 – Testa Rossa-Decipher colt
Washpool Lodge (As Agent) / Edward O’Dwyer (Qld)
$130,000 – More Than Ready-Gathering Storm colt
Eliza Park (As Agent) / World Wide Bloodstock (Sth Africa)
$130,000 – Elusive Quality-Snowrun colt
Hilton Thoroughbreds / Lindsey Smith (WA)
$130,000 – Flying Spur-Tycoon Rhythm colt
Oakwood Farm (As Agent) / World Wide Bloodstock (Sth Africa)
$130,000 – Royal Academy-Vindicate colt
Hilton Thoroughbreds / Greater Asia Holdings (Hong Kong)
$120,000 – Stratum-Thanksgiving colt
Kingsportz Pty Ltd / Barry James (Vic)
SALE STATISTICS
(2009 statistics in brackets)
Lots Catalogued: 402 (428)
Session Gross: $8,314,500 ($7,570,000)
Average Price: $38,493 ($34,566)
Top Price: $180,000 ($360,000)
Lots Withdrawn: 99 (126)
Lots Sold: 216 (219)
Lots Passed In: 87 (83)
Sold %: 71.3 (72)
