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New Zealand Bloodstock’s Karaka May Sale Weanling session concluded with a pleasing increase in average and median price from last year.
The average weanling price reached $NZ18,121 (up 35%) and the median rose to $NZ10,000 from $NZ8000 with the aggregate closing at $NZ1,649,000 for 91 lots sold (71% clearance).
“With the reduced quantity of horses on offer we were confident that the quality was much better than last year and that’s been reflected by the increase in average and median,” NZB representative Regan Donnison said.The leading purchaser of the sale by aggregate was Hallmark Stud, securing five weanlings for a combined price of $NZ196,000.
Rich Hill Stud-based first season sire Vadamos, a G1 winning son of Monsun, was the leading sire with his progeny selling for an average of $NZ34,125.The demand for progeny of first season sires was highlighted by the two equal top priced lots of the sale.
A Tivaci filly out of Sitting On A Hill and a Divine Prophet colt out of Caramellos both sold for $95,000.The Tivaci youngster was presented by Curraghmore on behalf of owners Chrissy Bambry and her parents’ Mangatiti Trust and was purchased by emerging bloodstock agent Bevan Smith for his clients Defining Moments Racing.
Smith, formerly of Mulcaster Bloodstock, was thrilled to secure the filly he considered to be the best horse in the sale.“She is a lovely moving horse, she has got size and scope and I just think she is going to grow into a really nice horse,” he said.
“We will decide what we are going to do with her, she may come back through a sale next year or we will assess things after winter and see if we want to keep her and race her.“She has got a great pedigree, so if she does turn out to be a good racehorse, she is going to have a lot of residual value there.”
Karaka-based Haunui Farm were the leading vendor of the Weanling session by aggregate with 12 weanlings sold for $NZ217,500.Te Awamutu-based Curraghmore was the leading vendor by average, with 6 lots sold for an average of $NZ35,000.
