quotes by James Platz / story by Dave Briggs
At the Lexington Selected Mixed Sale on Saturday (Oct. 8) at Fasig-Tipton, 77 horses / stallion shares grossed $2,721,000 for an average of $35,338. The median was $27,000.
It was the first Lexington mixed sale since 2020. The inaugural Lexington mixed sale was held in 2018.
In 2020, 77 horses / stallion shares grossed $3,072,000 for an average of $39,896. The median was $17,000. In 2018, 105 horses / stallion shares grossed $4,757,000 for an average of $45,305. The median was $30,000.
Complete results are available online here.
“The Buckstone dispersal was the one that spurred us to put the sale back on the calendar. We were alerted back in July. I knew there was going to be a mixture of broodmares, racehorses and weanlings and that was the cornerstone of it and then we gathered some other entries from Peninsula and Crawford and some other consignments. Then, we got some racehorses,” sale co-manager David Reid.
“Overall, I thought it went quite well. The sale gross was $2.7 million and that was relatively close to the last time we had it here. I thought the top-end broodmares held up very well. The racehorses sold very well at the end, there. I think it’s just a sign of the times that commercially viable product is in desire and the stuff that’s a little trickier is a little harder to get moved. That was evident tonight, but, overall I was very satisfied with the sale.”
Topping the sale was Hip 939 Unica Donna IT, a Donato Hanover mare out of Hangone purchased by Hunterton’s Cindy Stewart for $250,000 from the Preferred Equine consignment.
Stewart also purchased Hip 924 Avalonia, a Muscles Yankee mare out of Ava Marion from Preferred for $110,000.
Stewart was the leading buyer, signing for five horses and spending $459,000.
Swedish bloodstock agent purchased Hip 977 Lindys Lullaby, a Cantab Hall mare out of Nashville Lindy, for $80,000.
Forty-one broodmares were sold for $1,500,000, an average of $36,585, The median was $25,000.
Four stallion shares grossed $167,000 total for an average of $41,750. The median was $63,500.
A Muscle Hill share sold for $75,000 to Euro Stall SE of Berlin, OH from Preferred.
Among racehorses, 19 sold for $626,000, an average of $32,947. The median was $27,000.
The top racehorse sold was Hip 957 My Nay Nay a Captaintreacherous mare out of Well Sweet Flashy purchased for $75,000 by Thaddeus Wier of Aurora, NY from Preferred.
Hip 923, a stallion share in Lazarus N in support of St. Mary School in Paris, KY raised $24,000. It was purchased by Flagger Stable of Ft. Edward, NY.
PREFERRED LED CONSIGNORS
Preferred Equine consigned most of the horses / stallion shares. They gross $2,138,000 for 53 sold, an average of $40,340.
Peninsula Farm grossed $268,000 for 11. Crawford Farms grossed $180,000 for eight sold.
Will the mixed sale return next year?
“As long as it gets support,” Reid said. “The biggest thing is the support. Obviously, as everyone knows, (Preferred has) launched an online portal. I’m still a big fan of the live sale or like tonight where you’ve got the best of both worlds – you can so the horses live and be able to bid online.
“Obviously, people are becoming accustomed to selling online at their calendar date, on their schedule, and I think the added flexibility does give the online platform an advantage. That being said, I still believe there should be live sales conducted and I think there will be live sales conducted and I think it’s important for the marketplace to have live sales because 100 per cent of the marketplace is not accustomed to buying online right now.
“As long as I’m in a management position, I’m always going to schedule live sales. I think live sales are important for the industry.”
Ten horses / stallion shares were sold online via Proxibid for a gross of $276,000. There were 13 active bidders and 100 total bids placed. Online bidders were the underbidders on eight horses.