(TDN) Keeneland September=s power-packed Book 1 concluded yesterday with impressive increases compared to combined Book 1 and 2 results from 2012. During four days of selling, 546 yearlings grossed $153,385,000.
The average rose 38.5% to $280,925 and the median was up 38.3% to $207,500. At this point in the 2012 auction, 655 head had sold for $132,853,000. The average was $202,829 and the median was $150,000.
The cumulative buy-back rate stands at 27%. It was 28.7% a year ago.
The market for the Keeneland September Yearling Sale continued to surge during Thursday’s session four of Book 1 with a War Front colt selling for $2.5 million to become the highest price of the sale to date.
Coolmore Stud’s M.V. Magnier won the bidding on Hip 712, a colt by leading sire War Front out of the stakes-placed Blading Gold Ring. Woods Edge Farm, agent, was the consignor for the yearling, the highest-priced yearling to sell at the September Sale since 2010. (See PHOTOS OF THE DAY).
Late in the session Hip 855, the half-sister to Horse of the Year Havre De Grace, sold for $1.7 million to Solis Bloodstock. The filly by Horse of the Year and two-time Breeders’ Cup Classic winner Tiznow out of Easter Bunnette was consigned by Mill Ridge Sales, agent.
Earlier Thursday, Stonestreet Stables and Gainesway partnered to land the $1.2 million colt, Hip 681, by Tapit out of Ava Knowsthecode, dam of Grade 1 winner Justin Phillips and graded stakes winners Keyed Entry, Successful Mission and Algorithms. The yearling was consigned by Valkyre Stud, agent.
Gold Shield, Hip 846, joined the seven-figure club when David Ingordo signed the ticket for $1 million. The colt by Medaglia d’Oro out of multiple Grade 1 winner Dream Supreme is a half-brother to Grade 1 stakes winner Majestic Warrior. He was consigned by Lane’s End Farm, agent.
The total number of yearlings sold for $1 million or more to date during the sale has reached 17, the most since 18 were purchased in 2008. Seven were sold during the 2012 September Sale.
The lone Virginia-bred cataloged yesterday, Hip 747, a colt by Congrats, out of Cat Alert by Tabasco Cat, did not meet its reserve with a final RNA bid of $135,000.
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To view the sales results, click here