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Magic Millions Perth Day-4: Average Down 5.2%
Bloodstock agent John Chalmers paid top price of $30,000 for a colt by Touchstone Farm's freshman sire Flying Pegasus (the 1st foal out of Canny Lad mare Akkachar) during yesterday's 4th & final session at the 2011 Magic Millions Perth Yearling Sale. Overall 131 lots sold for $903,700 (up 8.1% on last year's 115 sold for $836,500). However the average of $6,898 was down 5.2% (last year $7,274). The clearance rate was 64.2% (last year 74.6%).