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Favour Swings To Buyers On Day-1 Of Select Sale

Thursday, 2nd February 2017

After two solid days of selling in New Zealand Bloodstock’s Premier Sale, buyers found securing the lots they wanted an easier task on day one of the three-day Select Sale at Karaka yesterday. Total turnover in the opening session grossed $6.8 million for 139 Lots sold for an average price of $48,975. The clearance currently sits at 66% while the median settled at $40,000. Buyers from Hong Kong, Australia and Singapore accounted for 54% of the aggregate while domestic buyers bought 78 Lots (56% of those offered) for $3.1 million or 46% of the days turnover. Inglewood Stud’s colt by their resident sire Zacinto (Lot 533) provided the day’s equal highest price when knocked down to Bryce Tankard’s Waikato Bloodstock in conjunction with Kangyu International Racing for $180,000. With his oldest crop in their classic year, Zacinto has made a significant impact with his first crop already producing Gr1 NZ 2000 Guineas victor Ugo Foscolo. “The Zacinto colt is a stand-out being a quality individual with great presence that we were keen to secure as soon as we first laid eyes on him. He will do his early education here in New Zealand and then if he goes as good as he looks he will be racing in Hong Kong," Tankard said. Equalling the $180,000 top price was Lot 622, a Casino Prince colt from Waikato Stud that is also destined to stay in New Zealand for his early education with racing in Hong Kong awaiting should he measure up. Waikato Stud sold 13 yearling yesterday to be leading vendor by aggregate at this stage while The Oaks Stud’s average of $98,333 sees them as the current leading vendor by average (three or more Lots sold). Day two of the Select Sale will commence at 11am today.

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