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Magic Millions Yearlings Day-1: Average Up 42.3%

Monday, 7th June 2010

Overall on Day-1 at the Magic Millions National Yearling Sale, 137 lots sold for $5,111,500 (up a massive 100.1% on last year's 113 sold for $2,554,500). The average of $32,167 was up 42.3% (last year $22,606) & the clearance rate was 73.3% (last year 72%). Magic Millions managing director David Chester commented: "It is great to see the figures rise so much for the gross & average & it is pleasing to see the clearance rate higher than Day-1 last year. We have got a record international buying bench on hand - dozens of trainers from Hong Kong & Singapore & buyers from New Zealand, Ireland, Korea, Libya, Iran & the Philippines."

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