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Indian Charlie filly tops first OBSC session

Posted: Tuesday, March 17, 2009 7:21 PM

Photo: An Indian Charlie filly sold for $425,000 on Tuesday to top the first session of the Ocala Breeders' Sales Co.'s March sale of selected two-year-olds in training.

FIRST SESSION TOPPER: INDIAN CHARLIE FILLY

Cynthia McFarland photo

by John P. Sparkman

A filly by Indian Charlie brought $425,000 on a bid by agent John Moynihan to top the opening session of the 2009 Ocala Breeders’ Sales Co. March sale of selected two-year-olds in training in Ocala on Tuesday.

Out of stakes winner Hollywood and Wine, by Tactical Cat, the filly worked one furlong in :10.20 at the first presale breeze show on March 12.

“She's a really pretty filly and Jerry Bailey just loved her, and that had a lot to do with it," said Moynihan, who was bidding for Jess Jackson's and Barbara Banke's Grace Stables. "The stallion has been good to me. We had her evaluated at $250,000 to $300,000, but Jerry said everybody loved her, so we decided to go on."

Moynihan purchased eventual Grade 1 winner Pampered Princess, by Indian Charlie, in the name of owner Martin Cherry, for $50,000 at the 2000 Keeneland November breeding stock sale.

"Last year she would have brought $600,000 to $800,000," said Bailey, who purchased the filly in the name of his Gulf Coast Farms partnership with Lance Robinson for $200,000 at the 2008 Keeneland September yearling sale. "She had 16 vets. Everybody with any money vetted her. But in this market, that was really good." 

The sale topping filly was one of 115 horses reported as sold (compared with 110 on the same day in 2008) for $11,080,000, a 29.6% decline compared with the same session at the record-setting 2008 March sale. Average declined 32.6% from $143,041 last year to $96,348. Median declined 22.2% to $70,000. The buy-back rate rose from 35.7% last year to 40.1%.

Last year, the March sale set records for total receipts, average, and median.

“Dealing with the economic situation we're in has certainly impacted the horse market,” said Tom Ventura, director of sales for OBSC. “The numbers were certainly down, but they still sold pretty good at the top. There were 16 horses at $200,000 or more.

“Buyers have had the edge this year and that certainly continued here,” Ventura added. “We've got a pretty good concentration of good horses tomorrow, so we'll see how that shakes out.”

Moynihan also purchased the second highest-priced horse at $400,000. He outlasted Buzz Chace for a colt by Grand Slam from the consignment of Joe Appelbaum's and Carlos Morales's Off the Hook, agent.

"I thought we'd get him a little cheaper, actually, but he really is a lovely horse and he moved beautifully on the racetrack," said Moynihan, representing Jess Jackson's Stonestreet Stables. "I don't know where Mr. Jackson would have stopped, but I was ready to stop. But he's a beautiful horse who looks like he'll go a distance of ground, which is what we're looking for."

"Ten days ago, before we came over here, I would have been over the moon with that, but after what he did here I'm not surprised," Appelbaum said of the colt, who drilled a quarter-mile in :20.60 at the first under-tack show. "There was a lot of interest in him, double-digit scopes, multiple vets, and they represented all the right people. Even though he's not the largest horse in the world, people loved his physical and they loved his workout. Everything passed the test."

John P. Sparkman is bloodstock editor for Thoroughbred Times

Ocala Breeders' Sales Co. March sale of selected two-year-olds in training
Day 1 summary

2009 2008
No. offered 192 (+12.3%) 171
No. sold 115 (+4.5%) 110
Pct. not sold 40.1% 35.7%
Gross $11,080,000 (-29.6%) $15,734,500
Average $96,348 (-32.6%) $143,041
Median $70,000 (-22.2%) $90,000
For hip-by-hip results, click here.

 

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