Sydney based bloodstock agent and buyer David Raphael teamed up with leading Rosehill trainer Gerald Ryan to secure the Snitzel colt late in the session for $500,000.
Consigned by Baramul Stud, as Lot 2188, the colt is the twelfth foal of the grand producer Miss Jakeo.
The colt is a half brother to five stakes gallopers including Ryan's G1 Oakleigh Plate winner Mrs Onassis and the How Now Stakes winner Miss Judgement, the dam of Group winner Missrock.
Missrok was last week's $2.3 million sale topper at the MM National Broodmare Sale.
"He's a lovely horse," Ryan said of the top selling colt. "He's the colt of the sale."
"I was taken down to have a look at him only half an hour before he went through and what a beautiful horse.
"He's well balanced and moved well and looked to have a brain. He was sound and correct in front."
Damian Yap secured the second top seller, the Dream Ahead-Longchamp Belle colt offered by Macquarie Stud for $150,000.
The Super VOBIS and BOBS eligible youngster is the first foal of a Flemington winning Charge Forward mare who hails from the family of Epsom Handicap winner Excellerator.
Aquis Farm Operations sold a Kermadec colt from Indiscretions for $140,000 to Hong Kong trainer Tony Millard's Worldwide Racing.
A colt by Reliable Man x Eileen went to Singapore's Stephen Gray and a full sister to Intrigue by Showcasing x Forever and Ever was sold to Grant Morgan's Ontrack Thoroughbreds for $110,000.
The 116 lots sold at an average price of $41,457 with the gross over $4.8 million. The clearance rate was 64.3 per cent.
Day Two of the 2019 Magic Millions National Yearling Sale continues tomorrow at 10am before the final session on Friday to be followed by a select group of racehorses to wrap up a massive National Sale series.
NATIONAL YEARLING SALE DAY ONE
(2018 in brackets)
Lots Catalogued: 190 (190)
Lots Sold: 116 (103)
Lots Withdrawn: (25)
Lots Passed In: 66 (62)
Sale Gross: $4,809,000 ($4,249,500)
Top Price: $500,000 ($250,000)
Average Price: $41,457 ($41,257)
Median Price: $30,000 ($30,000)
Sold %: 64 (62)
DAY ONE TOP LOTS
$500,000 - Snitzel-Miss Jakeo colt (Lot 2188) Vendor: Baramul Stud (As Agent) / Buyer: Gerald Ryan/David Raphael (NSW)
$150,000 - Dream Ahead-Longchamp Belle colt (Lot 2174) Macquarie Stud / Damian Yap (NSW)
$140,000 - Kermadec-Indiscretions colt (Lot 2136) Aquis Farm Operations (As Agent) / Worldwide Racing (Hong Kong)
$110,000 - Reliable Man-Eileen colt (Lot 2078) Westbury Stud (As Agent) / Stephen Gray (Singapore)
$110,000 - Showcasing-Forever and Ever filly (Lot 2098) Bhima T'breds (As Agent) / Ontrack Thoroughbreds (Qld)