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Large increases seen in aggregate, average and median as two day sale concludes
The second and final day of the Goffs UK Premier Yearling Sale at Doncaster on Wednesday saw trade take a marked step up on yesterday's strong opening session, with prices continuing to build throughout the day to produce an impressive set of final results which show healthy rises on last year's sale.
Demand for yearlings over the two-days was high with Wednesday's 91 per cent clearance rate driving an overall clearance of 89 per cent for the two days. The sale average and median both grew markedly compared to last year's figures. The average finished at £40,902, up 20 per cent from a year ago whilst the median was £32,000, up 19 per cent on the 2020 figure. The aggregate of £13,334,000 for the 326 lots sold was up 16 per cent despite offering 37 less lots.
Peter and Ross Doyle finished the sale as the leading buyers having spent £1,032,000 on 16 lots. Tally-Ho Stud were the leading consignor by aggregate having sold 20 horses for £1,118,000 at an average of £59,400 while Ballyhimikin Stud finished as the leading vendors by average having sold three yearlings at an average of £95,000.
Goffs UK Managing Director Tim Kent commented on the 2021 sale: "The Premier Sale is back on track! Last year's sale endured its own Covid related challenges but, with the help of a very loyal band of vendors and purchasers, we've seen a remarkable trade over the two days and proved to everyone that 2020 was a one-year blip due to circumstances beyond anyone's control. The car park has been overflowing since Sunday morning and the footfall of genuine buyers has been incredible. There has been a real buzz around the Sales Complex over the last few days and it's great that this has resulted in trade which started well yesterday, finished strong last night, and kicked on again today.
"The impressive 89 per cent clearance rate shows the demand for Premier Yearlings is as strong as ever. The fact that the 13 six-figure yearlings were purchased by 11 different buyers demonstrates the diversity of the buying bench associated with this sale whilst our policy of going 'back to the future' when selecting the traditional 'Donny yearling' has clearly proved popular with buyers.
"It's also rewarding to see the sale topped by a son of Harry Angel – a brilliant sprinter who we sold at this sale in 2015. The Premier Sale has proven its ability to produce the very best, having also sold the likes of Dark Angel and Wootton Bassett, and to see them excel at stud is a great advert as to what can be found at this sale.
"We've said this before but it is never more relevant than today; we simply cannot do with without our clients. Without them, we are nothing and we would like to thank all of our vendors for putting their faith in the Goffs UK team. We are absolutely delighted that this loyalty has been well rewarded, and we wish all purchasers the best of luck with their new racehorses. We are already looking forward to next year, when we will see the next star graduates emerge, and build again on two great days in Doncaster."
