Tattersalls October Draws To A Close

[Wandering Eyes]

A fortnight of selling at Park Paddocks came to a close on Saturday morning with an abbreviated Book 4 of the Tattersalls October Yearling Sale. Ninety-five yearlings went through the ring on Saturday, with 51 sold for a clearance rate of 54%. That was a similar result to the same session last year, where 55% of the 103 offered were sold. The median grew 10% to 2,200gns, while the average climbed 37% to 4,308gns. The top lot was a 17,000gns Cable Bay (Ire) colt (lot 2048) offered by Rosyground Stud and purchased by Hyde Park Stud.

In all, 1,853 yearlings were offered through the four books, with 1,502 finding new homes. That represented 81% of the offerings, down just a tick from 82% last year. The aggregate of 158,155,600gns was down 3%, in correspondence with the lots offered which was down by 2%, and the aggregate was the third-highest in the sale’s history. The average was virtually unchanged at 105,297gns, while the median climbed 4% to a record 50,000gns.

Tattersalls Chairman Edmond Mahony remarked, “More than 1,500 yearlings have been sold at Tattersalls in the course of the past two weeks, to swathes of eager buyers from literally all corners of the world and we should take this opportunity to thank every single participant for their contribution to another successful Tattersalls October Yearling Sale.

“Every year the October Yearling Sale showcases the cream of the European yearling crop and we must recognise that it is the support of the breeders and consignors from Britain, Ireland, France, Germany and further afield which shapes this fixture. They provide the quality yearlings which give us the platform to promote the October Yearling Sale and to attract the buyers at all levels of the market in such impressive numbers.

“It is, of course, important to reflect on the spectacular highlights of Books 1 and 2, which between them contributed more than 150 million guineas to the total turnover just shy of 160 million guineas, but it is equally satisfying to be able to take positives from Book 3. The sale achieved a record price of 145,000 guineas for a Book 3 filly, some great pinhooking successes and real competition at all levels. The British and Irish were joined by a diverse overseas contingent and it has been rewarding to see buyers from countries such as the Czech Republic, Hungary, Kazakhstan, Poland and Serbia alongside those from the traditional overseas markets. We work hard in these areas and the overseas buyers have all made a significant contribution to the sustained demand throughout Book 3 and the solid clearance rate of 80%.

“There are so many outside political and economic forces at play which could be expected to undermine our bloodstock market, but the past two weeks at Tattersalls have given everyone involved cause to be proud of what this industry has to offer.”

Click here for a video wrap of the Tattersalls October Yearling Sale.

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