New Record Average & Median at Opening Session

New Record Average & Median at Opening Session of Karaka Select Sale

It has been a strong opening session of the 2007 Karaka Select Sale, with a new record average and median posted after completion of the first day of the three-day session.

Of the 131 lots catalogued, 98 were sold for an average currently breaking previous records at NZ$49,301. Most telling of the strength of this Select session is the median price which, at NZ$40,000, exceeds both last year's median of $30,000, and last year's final Select session average of NZ$34,687. Combined with a very healthy clearance rate of 83.7%, the figures are showing a distinct strength to the Select Sale market.

New Zealand Bloodstock Head Auctioneer, Joe Walls, commented, "From the rostrum this Sale felt as strong as any we have witnessed at Karaka. There was spirited bidding right from the outset and, while we are less than a third of the way through the Select Sale, the buyer confidence shown over the Premier Sale was clearly evidenced and should continue to flow throughout this session."

The top lot of the day was Lot 542, a colt by Lucky Owners from O'Reilly mare, Bright Beauty, consigned by Trelawney Stud on behalf of Joan Egan. The colt was bought by prominent Australian bloodstock agent, Kieran Moore, for NZ$170,000. In all, eight lots have already been sold for more than NZ$100,000, with just eight six-figure lots from the entire Select session in 2006.

The leading buyer is currently West Australia bloodstock agent, John Chalmers, who has purchased six lots for NZ$281,500. His top price is NZ$65,000 for Lot 478, a Volksraad filly out of Zabeel mare, Zambria, from Esker Lodge.

Also active on the Select Sale buyers sheets on Day One are local buyers Michael Stedman, Paul O'Sullivan, Graeme Rogerson, John Wheeler and Dean Hawthorne.

Select Sale Day One Statistics
/ Day 1 2007 / Overall 2006
Average / $49,301 / $34,687
Aggregate / $4,831,500 / $12,834,250
Lots Catalogued / 131 / 557
Lots Sold / 98 / 370
Clearance Rate / 83.7% / 75%
Median / $40,000 / $30,000
2007 Select Sale Top Price - Lot 542 Br.C Lucky Owners x Bright Beauty / / $170,000
2006 Top Price - Lot 603 Stravinsky x Stilts / / $130,000
2006 Top Price - Lot 1040 Pentire x Our Lucy / / $130,000

Select Sale Day One Top Lots
Lot / Type / Breeding / Vendor / Purchaser / Price
542 / BR.C / Lucky Owners / Bright Beauty / TRELAWNEY STUD / KIERAN MOORE BLOODSTOCK (NSW) / $170,000
464 / C.C / Jungle Pocket / Wella / RICH HILL THOROUGHBREDS / DEAN HAWTHORNE BLOODSTOCK (VIC) / $140,000
562 / B.F / Spartacus / Cattleya / LYNDHURST FARM / ROHAN J HUGHES THOROUGHBRED (VIC) / $140,000
583 / BR.F / Towkay / Clermont Rose / LITTLE AVONDALE STUD / MR JR WHEELER (New Plymouth) / $135,000
516 / C.C / Captain Rio / Ballet Queen / WESTBURY STUD / DR KC TAN (Singapore) / $125,000
565 / B.C / Pins / Centakin / WAIKATO STUD / MR TONY PIKE (Cambridge) / $115,000
507 / B.C / Danasinga / Aspects of Love / LITTLE AVONDALE STUD / MICHAEL STEDMAN BLOODSTOCK (NSW) / $110,000
488 / B.F / Faltaat / Aikado / WENTWOOD GRANGE / MR LA O'SULLIVAN (Matamata) / $100,000
469 / B.C / Volksraad / Winsome / SEDGMERE FARM / MR MP BAKER (Cambridge) / $95,000
527 / C.C / No Excuse Needed / Bellesinga / TE PARAE STUD / J & I BLOODSTOCK (Cambridge) / $95,000

Select Sale Day One Leading Buyers
Purchaser / Bought / Aggregate / Average / Top Price
JOHN CHALMERS BLOODSTOCK / 6 / $281,500 / $46,917 / $65,000
MICHAEL STEDMAN BLOODSTOCK / 4 / $273,000 / $68,250 / $110,000
MR LA O'SULLIVAN / 5 / $248,000 / $49,600 / $100,000
ROGERSON BLOODSTOCK / 5 / $244,500 / $48,900 / $92,500
NEW ZEALAND BLOODSTOCK LTD (as agent) / 5 / $171,000 / $34,200 / $65,000

Select Sale Day One Leading Sires by Average (3 or more sold)
Sire / Sold / Aggregate / Average / Top Lot
Towkay / 3 / $227,500 / $75,833 / $135,000
Volksraad / 5 / $338,500 / $67,700 / $95,000
Jungle Pocket / 4 / $262,000 / $65,500 / $140,000
Captain Rio / 3 / $195,000 / $65,000 / $125,000
No Excuse Needed / 5 / $298,000 / $59,600 / $95,000

Select Sale Day One Leading Vendors by Average (3 or more sold)
Vendor / Sold / Average / Aggregate / Top Price
LITTLE AVONDALE STUD / 3 / $102,500 / $307,500 / $135,000
WAIKATO STUD / 3 / $64,333 / $193,000 / $115,000
TE MANIA THOROUGHBREDS / 3 / $63,000 / $189,000 / $75,000
HAUNUI FARM / 3 / $62,333 / $187,000 / $90,000
RICH HILL THOROUGHBREDS / 4 / $53,000 / $212,000 / $140,000

Select Sale Day One Leading Vendors by Aggregate
Vendor / Sold / Aggregate / Average / Top Lot
LITTLE AVONDALE STUD / 3 / $307,500 / $102,500 / $135,000
ESKER LODGE / 8 / $306,500 / $38,313 / $68,000
TRELAWNEY STUD / 2 / $222,500 / $111,250 / $170,000
RICH HILL THOROUGHBREDS / 4 / $212,000 / $53,000 / $140,000
CURRAGHMORE STUD / 4 / $195,000 / $48,750 / $90,000

The Select Sale continues tomorrow (1 February) at Karaka from 11am. The Sale can also be viewed live online at http://www.nzb.co.nz/.

ENDS

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