Andrew Papageorgiou with Mick Goss at Block A, TBA Sales Complex
(Photo : Heather Morkel)
EMPERORS PALACE NATIONAL YEARLING SALE
15 - 17 April 2011
After a slowish start, trade picked up briskly on the second day of the 2011 Emperors Palace National Yearling Sale. The second day grossed an aggregate of R74 265 000, a very satisfactory result considering the economic situation.
Day two averaged R260 579, with 285 of the 332 lots offered selling. Just 47 lots failed to make their reserve.
The second day was topped by lot 352, a Jet Master colt consigned by Varsfontein, which sold for R3 000 000 to Andrew Papageorgiou. The handsome bay, named Master Of My Fate, was produced by champion racemare Promisefrommyheart. Not only is the colt a half-brother to recent Listed winner Justthewayyouare, this is also the family of recent G1 Majorca Stakes winner Covenant and last year’s G2 Breeders Cup Juvenile Turf winner Pluck.
Auctioneer, Steve Davis, was impressed with overall results, saying, “I thought the results have been remarkable, considering the effect on the sale from the Cape Premier Yearling Sale. There has been good support for the good horses, and they sold accordingly.”
TBA’s CEO Jan Naude pointed out the exceptional clearance, “It is exceptional in the circumstances, that 86% of the horses have been sold. I am very pleased with that.”
The final day of the sale begins today at 10 am.
Extract from Bloodstock South Africa