NEWS
Arqana October sale closes
with gains in total sales, average
Posted: Wednesday, October 21, 2009 6:24 PM
Bucking worldwide trends, total sales and average price improved at the Arqana Deauville October yearling sale, which closed on Wednesday with the second-highest cumulative total receipts in sale history.
Arqana reported that 343 of 482 yearlings offered sold for $13,120,788 (8,793,500 euros) during the three-day sale, not including private sales. The total was a 4.9% increase compared with last year’s sale as well as the second highest in sale history. Average price jumped 9.5% to $38,253 (25,637 euros), and median was unchanged at $26,858 (18,000 euros). Twenty-seven private sales pushed the total to $13,586,324 (9,105,500 euros)
“The buyers’ list shows a very healthy market, with over 145 individual investors signing the docket and many of them acting on behalf of several clients,” Arqana General Manager Olivier Delloye said. “It means that the buying bench at this sale was as broad and diversified as ever, including some high profile overseas investors who have not always made the trip to Deauville for this session.
“It is also encouraging to see that breeders of commercially attractive yearlings that have not reached their full potential in August have a very valuable alternative in the October sale. Indeed, none of the well-bred, well-made individuals that were offered this week slipped through the net and several vendors were even positively surprised with what they got for these youngsters.”
The sale topper was a bay colt by Shamardal who was purchased for $254,507 (170,000 euros) by BBA Ireland during the second session. Consigned by Haras de Grandcamp, the Shamardal colt is out of the Funambule mare Banakill and is a half brother to multiple graded stakes winner Obrigado (Fr) and multiple group stakes winner Coupe de Champe.
Day two also produced the highest-priced filly at the sale. Sylvain Vidal secured the chestnut Medicean filly for $239,536 (160,000 euros) for Gerard Augustin-Normand. From the consignment of Haras de Saint Pair, the filly is out of Group 3-placed winner Anna Mona, by Monsun.
The last of three sessions on Wednesday was a productive one as Arqana reported total sales up 32% to $4,551,653 (3,050,500 euros) and average price up 33.5% to $35,094 (23,520 euros).
For hip-by-hip results, click here.
