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UK Tatts HIT Final Average Down 3.6%

Friday, 28th October 2011

At the conclusion of the UK Tattersalls Autumn Horses-In-Training Sale, a total of 848 lots had sold for 16,584,600 guineas (A$27.365m) which was down 5.9% from last year’s 865 sold for 17,577,300 guineas (A$29,003m). The final average of 19,557 guineas (A$32,300) was down 3.8% & the final median of 9,000 guineas (A$14,900) remained the same as last year. Tattersalls chairman Edmond Mahony commented: “A smaller catalogue and one that perhaps was a little light on real stars has resulted in a marginal decline on last year’s returns, but this has been a good, solid sale from start to finish & another reminder of the global demand for British bloodstock. A clearance rate well in excess of 80% & buyers from more than 30 different countries both demonstrate the unique appeal of this fixture. Competition has been fierce at all levels of the market and, in addition to the huge Middle Eastern contingent, a particular feature has been the number of buyers from Australia. Recent graduates of the Autumn Horses-In-Training Sale have made a huge impact down under & success on the racecourse combined with the weakness of sterling (British currency) has enticed an unprecedented number of Australian buyers to the sale.”

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