Emperors Palace National Yearling Sale
TBA Sales Complex, South Africa
(Photo : Bloodstock South Africa)
2010 EMPERORS PALACE NATIONAL YEARLING SALE RESULTS
Auctioneer Andrew Miller succinctly summed up the somewhat unexpected record averages recorded at the 2010 Emperors Palace National Yearling Sale saying: “Seven, eight years ago the good yearling crops stood out among the average ones. Now, however, one average crop will stand out among the exceptionally good quality crops produced by South African breeders.”
Local and international buyers, including most of the leading trainers, several high-profile bloodstock agents , trainers and a host of visitors to the TBA Complex heaped praise on South Africa’s breeders as if speaking with one voice. “Our horsemen have undoubtedly raised the bar with arguably the best consignment of yearlings ever sold in this country.”
Already widely acknowledged as horsemen of rare knowledge and skill, the quality and results seen at this year’s renewal of the National Sale will ring far and wide.
Over the three days of the sale, Andrew Miller and colleagues Steve Davis and Mike Killassy knocked down yearlings to the combined value of R160 million, a 4.5% improvement on last year’s aggregate. The average price of R326,378 was up 5.5% on last year’s R309,313.
Trainer Mike Azzie was proud as punch when he secured Lot 10, an exquisite colt by Singspiel named Potala Palace, for a record R3,6 million during the opening night. Trainer Geoff Woodruff, however, stunned sales goers by bidding well over that mark to R4 million for Jet Master colt Devine’s Jet on Sunday.
BloodStock SA’s CEO, Jan Naude, described the turnover as “quite extraordinary considering the recessionary times”. He added: “The depth of quality among the yearlings reflected our breeders’ commitment to excellence. To have an existing top price bettered twice during a three-day period says it all. BSA are proud to have conducted this sale and we know we can look forward to even better things to come!”
Extract from Bloodstock South Africa
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