Scone Sale Best Yet

Filed in Recent News by May 15, 2017

THIS year’s Inglis thoroughbred sales in Scone broke all records including a 30 percent increase on sale prices.

“It was the highest gross, the highest average and the highest record price for $120,000 for an I Am Invincible colt, so records across the board,” said Johnathan D’Arcy, director of bloodstock for Inglis.

The highest selling yearling at the Scone sales to date: A colt by I Am Invincible from Yarrandi Farm sold for $120,000.

The highest selling yearling at the Scone sales to date: A colt by I Am Invincible from Yarrandi Farm sold for $120,000.

“Yesterday we had a¬†catalogue of 200 and we sold 90 percent they averaged $19,700 which was a new record price – 30 percent up on the previous year and the second part of the yearlings was held today we sold another 45 yearlings with 86% clearance and an 7, 500 average,” he said.

“Then we had a mixed sale with some weanlings, brood mares and some race horses and we sold 88 percent of that which grossed over $400,000 at an average of $5,700, so we haven’t had a mixed sale like that in Scone for quite some time and it was good to re-institute that and it was very well accepted by both vendors and buyers.

“Plenty of horses have sold at the Scone sale which have gone into win stakes races both here and overseas, so this sale fits in well and it is averaging close to $20,000 so it’s a sale that has good support form both vendors and buyers and I think this year was proof once again that if you put a nice horse in the ring you can get good money for it,” he said.

“We introduced on-line bidding and we’ve always struggled to get a strong enough signal here at the show ground but we were able to achieve that this year.

“We had live footage going out to all of our online bidders and I think we sold about 15 horses to online bidders over the two days and about $400,000 worth of horses were sold online, so it is just an added advantage for the sale now,” he said.

We had bidders from China bidding today on some mares and it just goes to show that Scone is really coming of age and is a sale which can only keep on improving,” Johnathan D’Arcy said.

The top selling yearling was a colt by I Am Invincible and Kiss Me Sophie from Yarrandi Farm, which was purchased by Paul Perry for $120,000.