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UK 2YOs Final Average $114k

Friday, 15th April 2011

Overall at the Tattersalls Craven Breeze-Up Sale, 112 2YOs sold for 7,987,000 guineas (A$12.779m) at a final average of 71,313 guineas (A$114,000) & a median of 60,000 guineas (A$96,000). Tattersalls chairman Edmond Mahony commented: "There have been a number of positives to take from the trade at this year's Tattersalls Craven Breeze-Up Sale. Having taken the decision not to stage the Guineas Breeze-Up Sale this year, we compiled a larger & more diverse Craven catalogue & this has attracted buyers at all levels of the market from throughout the world. We have seen an increase in turnover & the extra numbers have not had an adverse impact on the all-important clearance rate which has held up well. While the larger catalogue has understandably produced declines in other key indicators, it would be fair to say that the average purchase price of the 2YOs coming into the sale was less than in recent years & we have seen some spectacular pin-hooking successes over the past 2 days. The top end of the market has been particularly competitive, with domestic buyers facing stiff opposition from their overseas counterparts & the increased participation from Hong Kong buyers has been one of the most encouraging features of the sale."

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