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Karaka Book 2 - Diverse Buying Bench Drives Strong Market

3 minute read

Book 2 of the NZB National Yearling Sale Series at Karaka realised turnover of $NZ9,743,000, driven by a broad buying bench of local and overseas interests.

Jimmy Choux x Seven Shillings colt
Jimmy Choux x Seven Shillings colt Picture: Trish Dunell

The 246 lots sold at a clearance (rate of 73% averaged $NZ39,606 with the median $NZ30,000.

“There were some solid prices achieved and the quality of horses was of a high standard,” commented New Zealand Bloodstock managing director Andrew Seabrook.

“The general comment from buyers has been that it was hard to purchase a nice horse with the tough competition.

“Mark Pilkington bought nine lots over the last two days for his Victorian-based clients and Dean Wiles, under his Warrior Stables banner, also secured nine.

“Paddy Payne added another four horses to add to his Book 1 buys, while trainer Lisa Latta, Sam Beatson, Paul Moroney and Phill Cataldo were also very active."

Mark Pilkington was the leading purchaser spending $501,000 for his nine horses, while Hiwi Lodge (three lots) and Lisa Latta (six lots) outlaid $355,000 and $345,000 respectively.

The Book 2 sale-topping yearling, who is set to return to NZB’s Ready to Run Sale, was offered through Westbury Stud’s draft at Lot 872.

The Reliable Man colt is full-brother to Group One performer Hypnos and was knocked down to the $270,000 bid of former Melbourne Cup winning trainer Brian Jenkins on Thursday.

The highlight on the final day of Book 2 was the second yearling into the ring setting the pace at $190,000.

Young Hong Kong-based Bloodstock Agent Robin Tai secured the Jimmy Choux colt (Lot 902) under his RT Racing brand from the draft of Trelawney Stud and plans to leave the son of G3-winning mare Seven Schillings and half-brother to current stakes winner Emily Margaret in New Zealand for the immediate future.

“He is a very strong colt with a good temperament,” Tai said. “We were underbidder three times earlier, so we are very pleased to get him as it has been a strong Sale for the ones we liked.”

Book 2’s leading vendor by aggregate was topped by Haunui Farm who sold their entire 20-lot draft for receipts of $1,050,000.

Westbury Stud were second on the leader board with 17 lots sold for a turnover of $932,500, while Little Avondale Stud rounded out the top three by aggregate selling 10 lots for $690,500.

A different story was told on the leading vendor by average table (three or more sold) with Highden Park reaching the highest average at $76,667 with a 100% clearance for their draft.

Trelawney Stud, selling three lots, reached an average of $72,000, while Little Avondale Stud rounded out the top end again with an average of $69,050.

Per Incanto remained the leading sire by average (three or more sold) with 12 of his progeny selling at an average of $71,500.

Jimmy Choux, who provided the highlight lot today, sold four lots at an average of $67,250, while first season sire Nostradamus made the top three having sold at an average of $56,833 for the three lots on offer at the Sale.

Results for Book 1 and Book 2 combined has seen 742 lots sold over the six days of trading for an aggregate of $77,634,500 (76% clearance rate).

Karaka 2019 Book 2 Yearling Sale Statistics

  2019 BOOK 2 TOTAL 2018 BOOK 2 TOTAL
AGGREGATE $9,743,000 $11,543,000
AVERAGE $39,606 $46,544
MEDIAN $30,000 $40,000
CLEARANCE 73% 74%
CATALOGUED 378 378
SOLD 246 248
TOP PRICE Lot 872 Reliable Man - Quality Dream (B.C) $270,000 Lot 885 Per Incanto - Lago Rider (Ch.C) $200,000

Top Lots

LOT TYPE BREEDING VENDOR PURCHASER LOCATION PRICE
872 B.C Reliable Man / Quality Dream Westbury Stud Mr BL Jenkins Victoria $270,000
902 G.C Jimmy Choux / Seven Schillings Trelawney Stud RT Racing Waikato $190,000
755 BB.C Kermadec / House of Borgia Westbury Stud Lisa Latta Racing Manawatu $160,000
854 B.C Showcasing / Party Lights Haunui Farm LB Racing Queensland $160,000
892 B.C Showcasing / Saheel Haunui Farm Upper Bloodstock Hong Kong $160,000
875 BR.C Per Incanto / Real Angel Little Avondale Stud Hiwi Lodge Waikato $150,000
1066 BR.C Per Incanto / Demerara Milan Park Hiwi Lodge Waikato $140,000
903 BR.C Bullbars / Shalaka Highview Michael Stedman Bloodstock / Casper Bloodstock New South Wales $130,000

           

Leading Purchaser by Aggregate

PURCHASER BOUGHT AGGREGATE AVERAGE TOP PRICE TOP LOT
Mark Pilkington Management (Victoria) 9 $501,000 $55,667 $125,000 926
Hiwi Lodge (Waikato) 3 $355,000 $118,333 $150,000 875
Lisa Latta Racing (Manawatu) 6 $345,000 $57,500 $160,000 755
Mr BL Jenkins (Victoria) 1 $270,000 $270,000 $270,000 872
Brookby Stables (Auckland) 3 $232,500 $77,500 $120,000 812
John Foote Bloodstock (Hong Kong) 3 $205,000 $68,333 $90,000 1067
Upper Bloodstock (Hong Kong) 2 $205,000 $102,500 $160,000 892
RT Racing (Waikato) 1 $190,000 $190,000 $190,000 902
LB Racing (Queensland) 2 $188,000 $94,000 $160,000 854
Mr PB Payne (Victoria) 4 $157,500 $39,375 $52,500 777

Leading Vendor by Aggregate

VENDOR SOLD AGGREGATE AVERAGE TOP PRICE TOP LOT
Haunui Farm 20 $1,050,000 $52,500 $160,000 854
Westbury Stud 17 $932,500 $54,853 $270,000 872
Little Avondale Stud 10 $690,500 $69,050 $150,000 875
Highview 11 $511,500 $46,500 $130,000 903
Windsor Park Stud 17 $474,500 $27,912 $90,000 865
Milan Park 8 $420,000 $52,500 $140,000 1066
Rich Hill Stud 11 $400,500 $36,409 $70,000 988
Mapperley Stud 10 $347,000 $34,700 $70,000 1032
Ardsley Stud 7 $318,000 $45,429 $120,000 812
Berkley Stud 7 $297,500 $42,500 $120,000 989

Leading Vendor by Average (three or more sold)

VENDOR SOLD AVERAGE AGGREGATE TOP PRICE TOP LOT
Highden Park 3 $76,667 $230,000 $105,000 1026
Trelawney Stud 3 $72,000 $216,000 $190,000 902
Little Avondale Stud 10 $69,050 $690,500 $150,000 875
Gosford Park 1 $67,500 $67,500 $67,500 1036
Ralph Thoroughbreds 3 $59,833 $179,500 $80,000 864
Westbury Stud 17 $54,853 $932,500 $270,000 872
Valachi Downs 2 $53,750 $107,500 $67,500 954
Haunui Farm 20 $52,500 $1,050,000 $160,000 854
Milan Park 8 $52,500 $420,000 $140,000 1066
Archer Park 2 $50,000 $100,000 $50,000 730

Leading Sire by Average (three or more sold)

SIRE SOLD AVERAGE AGGREGATE TOP PRICE TOP LOT
Per Incanto 12 $71,500 $858,000 $150,000 875
Jimmy Choux 4 $67,250 $269,000 $190,000 902
Nostradamus* 3 $56,833 $170,500 $125,000 926
El Roca 4 $55,000 $220,000 $110,000 1051
Pentire 5 $48,000 $240,000 $80,000 889
Highly Recommended 4 $47,500 $190,000 $110,000 995
Showcasing 19 $47,211 $897,000 $160,000 854
Ghibellines 3 $45,833 $137,500 $82,500 968
Reliable Man 10 $44,750 $447,500 $270,000 872
Iffraaj 5 $44,600 $223,000 $120,000 812

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