A colt by top Queensland sire Sequalo topped the second and final session of the Magic Millions QTIS Yearling Sale at the Gold Coast today.
On a day where the clearance rate improved from yesterday’s disappointing opening session, the Lyndhurst Stud Farm colt proved the day’s most popular lot when selling for $80,000.
A full brother to city winner Inventory and three quarter brother to stakes winner Holding, the colt was purchased by top Toowoomba based horseman Tony Sears.
John Morrisey picked up the day’s top selling filly, a daughter of leading juvenile sire Real Saga, for $60,000.
Catalogued as Lot 258 that filly is the first foal of the lightly raced Galileo mare Tequilakoko – a mare is from a daughter of Magic Millions Classic winner Our Fiction.
Yesterday’s record breaking Charge Forward-Sequential colt from Highgrove Stud remained the sale topper for the two day auction at $170,000.
With more sales likely to be completed tonight, the gross for the two day auction went past $6.2 million on 293 lots sold at a clearance rate of 71 per cent.
The average price of $21,193 was marginally down on last year’s QTIS Yearling Sale.
The sale attracted buyers from throughout Queensland with dozens of lots heading to regional locations while another good selection are set to head abroad with successful buyers from locations including China, Singapore and New Zealand.
“It’s remarkable to finish the sale with a clearance of 71 per cent, although that is still unsatisfactory,” Magic Millions Managing Director Vin Cox stated.
“All the traditional buyers participated and there was some new blood from interstate and overseas.”
“The results tell us that there is a lack of confidence in the local industry.”
“I commend the vendors that met the market today. I’m sure some of the prices weren’t palatable.”
“The Queensland industry has some soul searching ahead however the good thing is that Queensland Racing are putting the fundamentals together to get racing heading in the right direction,” Cox added.
To view the complete results and to make an offer on a passed in lot click here.
SESSION TWO TOP SELLERS
$80,000 – Sequalo-Count the Silver colt
Vendor: Lyndhurst Stud Farm / Buyer: Tony Sears (Qld)
$60,000 – Real Saga-Tequilakoko filly
Adour Stud & Stables / John Morrisey (Qld)
$55,000 – Real Saga-Cheree’s General colt
Glenlogan Park (As Agent) / Magic Millions as agent (NSW)
$50,000 – Sequalo-Figure filly
Lyndhurst Stud Farm / Tony Sears (Qld)
$48,000 – Myboycharlie-Friendly Conflict colt
Tallarook Lodge (As Agent) / Jason Coyle (NSW)
OVERALL SALE TOP SELLERS
$170,000 – Charge Forward-Sequential colt
Vendor: Highgrove Stud / Buyer: Valinor Grazing Co (Qld)
$120,000 – Real Saga-Myffa colt
Glenlogan Park (As Agent) / Magic Millions as agent (China)
$100,000 – Denman-O’Jessie filly
Glenlogan Park (As Agent) / Gollan Racing (Qld)
$85,000 – Von Costa de Hero-Kakama colt
Hallside Farm / Heinrich Bloodstock (Qld)
$80,000 – Sequalo-Count the Silver colt
Lyndhurst Stud Farm / Tony Sears (Qld)
$64,000 – Real Saga-She’s Just Dreamy filly
Fig Tree T’breds (As Agent for Fleetwood Stud) / Proven T’breds (NSW)
$60,000 – Real Saga-Tequilakoko filly
Adour Stud & Stables / John Morrisey (Qld)
$60,000 – Real Saga-In Her Shoes colt
Corella Stud (As Agent) / Magic Millions as agent (China)
SALE STATISTICS
(2012 in brackets)
Lots Catalogued: 450 (444)
Lots Sold: 293 (317)
Sale Gross: $6,209,500 ($7,019,000)
Average Price: $21,193 ($22,142)
Top Price: $170,000 ($150,000)
Lots Withdrawn: 35 (32)
Lots Passed In: 122 (95)
Sold %: 71 (77)
