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UK Tatts Yearlings Book-2 Final Average Up 23%

Friday, 14th October 2011

The Tattersalls October Sale Book 2 ended with 635 yearlings sold for a record turnover of 25,284,500 guineas (A$41.719m) which was up 14% on the last year’s total. The final average of 39,818 guineas (A$65,700) was up 23% & the final median of 30,000 guineas (A$49,500) was up 20%. There were also 23 private sales over the 3 days, which took the clearance rate for the sale to 88%. Tattersalls chairman Edmond Mahony commented: “Last week’s extraordinary trade at Book 1 of the Tattersalls October Yearling Sale gave the bloodstock industry a much needed boost & it has been wonderful to see the demand sustained throughout the 3 days of Book 2. The key indicators of average & median have both made significant gains & the turnover is a new record for the sale, despite a considerably smaller catalogue than last year. Competition at the top of the market has been particularly fierce, with a huge rise in the number of 6-figure transactions & an outstanding clearance rate from start to finish. Book 2 is a focal point for so many trainers & owners from throughout the world & a clearance rate in excess of 85% demonstrates the strength & depth to this week’s trade.”

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