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A colt by leading Queensland sire Spirit Of Boom topped Day One of the 2019 Magic Millions Gold Coast March Yearling Sale.

The colt offered by KBL Thoroughbreds, as agent, was knocked down for $220,000 to the bid of Sydney based bloodstock agent James Harron.

Harron, who has purchased many stars from the same sale ring including Golden Slipper winner Capitalist, was delighted to secure what he described as a stand out individual.

"I was really taken with his attitude," Harron said. "He has a fantastic demeanour and was beautifully presented."

"He uses himself really well. He's a good, strong and robust early looking type."

Harron confirmed the colt will join the powerful Sydney based stable of the father-son training team of Peter and Paul Snowden.

The $220,000 purchase is from the 100 per cent winner producer Weekend Surprise, herself a three time winner by Cox Plate winner Rubiton.

Weekend Surprise has done a good job at stud with a number of city performers among her progeny, headlined by Group Three Champagne Stakes winner Dan Baroness.

The top selling Spirit of Boom colt was one of seven individual lots to sell for $100,000 or more on day one.

A Better Than Ready colt offered by Kynoch Thoroughbreds sold for $120,000 to First Light Racing in conjunction with Paul Willetts and the new training partnership of Chris Anderson and Robert Heathcote.

That colt is from the Argentinian based Group One winner Shine Bridge, an eight time winning sprinter by Westbridge.

During Day One of the Gold Coast March Yearling Sale over $4.37 million was traded on 133 lots sold at an average price of $32,872.

"Last year's sale broke all records and while this year's figures are down, the sale is tracking well when compared to the 2017 auction," Magic Millions Managing Director Barry Bowditch said.

"Vendors as a whole are very willing to meet the market and for the buyers there is a huge opportunity for value."

"Given the bonus prizemoney available through the QTIS scheme and the amount of winners that this sale produces, buyers should be stepping in with confidence."

MAGIC MILLIONS MARCH SALE

DAY ONE STATISTICS

(2018 in brackets)

Lots Catalogued: 196 (195)

Lots Sold: 133 (139)

Sale Gross: $4,372,000 ($6,032,500)

Average Price: $32,872 ($43,399)

Lots Passed In: 50 (42)

Lots Withdrawn: 13 (14)

Top Price: $220,000 ($250,000)

Median Price: $22,000 ($26,000)

Sold %: 73 (77)

TOP LOTS

$220,000 - Spirit of Boom-Weekend Surprise colt (Lot 144)

Vendor: KBL Thoroughbreds (As Agent) / Buyer: James Harron Bloodstock (NSW)

$120,000 - Better Than Ready-Shine Bridge colt (Lot 78)

Kynoch Thoroughbreds / First Light/Paul Willetts/Anderson Heathcote Racing (Qld)

$110,000 - Rich Enuff-Personal Guarantee filly (Lot 24)

Glenlogan Park / Anderson Heathcote Racing (Qld)

$110,000 - Better Than Ready-Rosaria colt (Lot 56)

Deejay Bloodstock / Brenden Mackay/Boomer Bloodstock (Qld)

$110,000 - Spirit of Boom-Silva Nova filly (Lot 83)

Eureka Stud (As Agent) / Munce Racing (Qld)

To view the results and to make an offer on a passed in lot click here