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MM March Sale Day-1: $110K For Real Saga Colt
A new player in the syndication world made their presence felt on Day One of the 2015 Magic Millions Gold Coast March Yearling Sale yesterday by securing the top priced seller of the day. There were strong increases across the board with the gross soaring 57 per cent on last year's opening day and the average climbing 36 per cent. The clearance rate also grew from 64 to 75 per cent. Australasian Thoroughbreds went to $110,000 to secure Lot 153, the Real Saga half brother to Saturday's impressive Gold Coast winner Siegfried to take top spot during a spirited day's selling. The colt will join the stables of Siegfried with Australasian Thoroughbreds' Director Jamie Bourke confirming Toby Edmonds as trainer of the quality youngster. "We are a brand new syndication company - in fact our website only went live this week," Bourke said. "We have purchased some lovely horses and this colt is a welcome addition to the team." The second top priced lot was the Lyndhurst Stud Farm offered Sequalo-Bye Bye Diamonds colt who was knocked down to Grandview for $90,000. Over $4 million was traded today on 140 lots sold at an average price of $28,686 at a clearance rate of 75 per cent. Leading buyer on day one, Magic Millions as agent excepted, was Tony Gollan with five purchases at a spend of $258,000. First time buyer Tony Haydon was next with four lots at a spend of $175,000 as he establishes a new stable after years as foreman for Peter Moody in Melbourne. "It's been a phenomenal start to the March Yearling Sale," Cox said. "The strength of the sale has been the middle market with consistent prices for quality lots all day. Racing in Queensland is in a really good space at the moment which is reflective in the results. Having said that we are very happy with the out of state participation." Day Two of the Gold Coast March Yearling Sale commences at 11am (Qld time) today.