Victorian studs and Victorian bred yearlings dominate the leader board after the first two days of the Inglis Melbourne Premier Sale.
Eight of the Top 10 priced yearlings sold have been sold by Victorian vendors with all but one of these being bred in Victoria and nominated to VOBIS.
At the end of Days 1 and 2, the average price of $115,625 is up 19.2% when compared with the first two days of last year’s sale. The clearance rate at 86.6% is also up on last year and expected to grow even higher.
The Blue Riband Session (held on Sunday afternoon this year rather than the Monday) saw 37 lots sold at a spectacular average of $189,000 which is a 41% increase on last year.
There has been significant action from the international buying bench with buyers from China, Macau, Hong Kong, South Africa, Ireland, Korea, Malaysia, the United Arab Emirates, the United Kingdom and New Zealand all obtaining at least one lot. Many will remain in Australia to be trained.
Nagambie’s Swettenham Stud created a Premier Sale record when its Fastnet Rock – Hidden Energy VOBIS nominated filly was purchased by Pat Carey/Group Oen Bloodstock for $675,000 on Sunday. This is the highest priced filly to ever go through the ring at the Oaklands Junction complex.
Euroa’s Blue Gum Farm was next best with a Fastnet Rock – Port Augusta filly ($460,000) and a Street Cry- Original Choice VOBIS nominated colt bred by Des Pope ($375,000).
Studmaster Philip Campbell had pin-hooked the Fastnet Rock filly for $200,000 at last year’s Magic Millions National Foal Sale.
“She was a really nice specimen by the right stallion from the right family. We knew she was a high value article and we’re very happy with the return,” Campbell said
Modewarre nursery Glentree Thoroughbreds was also on the leader-board with the Lot 205 $340,000 Snitzel – Miss Iguacu VOBIS colt that caught the eye of agent Michael Wallace and the China Horse Club. His dam is a half-sister to G2 Ajax Stakes winner Niagara.
“We’re delighted to get a result like that and with the purchaser China Horse Club, we are confident he’ll get every chance with them,” said Glentree Manager Luke Simpson.
“We’re proud Victorian breeders, and the colt was bred, foaled, raised at our farm in Modewarre.”
Barwon Valley farm Rosemont Stud contributed to the Top 10 table with a Shamardal VOBIS nominated colt selling for $320,000. He is from a British-bred half-sister to Champion European stayer Persian Punch and was sold to agent John Foote for $320,000 (acting on behalf of a Hong Kong client) and will go into training with Darren Weir.
Rosemont’s Anthony Mithen put a lot of effort into this great sale outcome, having bought the dam at a broodmare sale in France, mated her to Shamardal in Ireland at Southern Hemisphere time and then shipped her to Victoria prior to foaling down the colt.
The Victorian vendor leading the way by averages over the first two days is Nagambie’s Gilgai Farm. They have sold all 9 of their lots averaging $183,889 including a Stratum-My Emotion filly to a Chinese buyer for $300,000.
Interestingly, they also sold a Casino Prince VOBIS colt to trainer Ciaron Maher – the same trainer who purchased his 2015 VRC Oaks winner, Jameka, off Gilgai just two years ago.
Gilgai are followed in the Victorian vendor averages (3 or more lots sold) by Bunyip’s Ampulla Lodge and Rochester’s Burnewang North Pastoral.