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Keeneland September Day-5: US$485K For Mineshaft Colt

Monday, 21st September 2015

Business continued at a brisk pace on Saturday at Keeneland's September Yearling Sale in Kentucky, with increases in all key indicators on the final day of Book 2 led by the sale of a Mineshaft colt for US$485,000. In total, 267 yearlings sold on Saturday for a gross of US$32,095,000, up 12.89 per cent from the corresponding session in 2014 when 250 horses grossed US$28,430,000. The average of US$120,206 was 5.7 per cent above the US$113,720 last year, while the median of US$100,000 was 11.11 per cent higher than 2014's S$90,000 figure. "Book 2 was exactly where we thought it should be," Keeneland Director of Sales Geoffrey Russell said. "It picked up from the momentum of Book 1 and continued on very well all the way to the final two horses sold today. The median was up 11 percent. That actually shows there was plenty of money all the way around and in that middle market." Through the first five days of the 12-day auction, Keeneland has sold 968 horses for US$204,918,000, just below last year's six-day gross of US$206,217,500 for 1,017 horses.

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