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Magic Millions March Sale Day-1: Solid Start To March Sale

Tuesday, 22nd March 2016

Figures rose slightly across the board on Day One of the Magic Millions Gold Coast March Yearling Sale when compared to last year's record breaking sale. Over $4.1 million was given for 142 lots sold at an average price of $29,391 and the clearance sat at 78 per cent. "We've sold five horses for $100,000 or more which is as many as we sold for the whole sale year," Magic Millions Managing Director Vin Cox reported. "That in itself is a great indicator of the sale. Having said that the market is a little inconsistent where a number of horses have been bought exceptionally well." He added: "For those that have done their homework the opportunities from today will continue tomorrow [Tuesday]." The leading sire of the sale ranked by average (for five or more lots sold) is Sequalo ($48,545 for 11 sold) ahead of Real Saga ($45,650 for 10 sold), Show a Heart ($40,875 for 8 sold) and Golden Archer ($40,313 for 8 sold). Local trainer Toby Edmonds is the leading buyer on spend after Day One with $255,500 invested on four lots, while Glenlogan Park is the leading vendor for two or more lots sold with an average of $46,594. Today's second session of the Gold Coast March Yearling Sale will be held from 11am (Qld time).

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