A new record top price, coupled with record-achieving key financial indicators across the board, has resulted in the 2017 Inglis VOBIS Gold Yearling Sale being crowned “unquestionably the best ever.”
Held in front of an enthusiastic buying bench at Oaklands Junction, a striking Fighting Son colt took top individual honours while average, median and gross were all new records.
The Fighting Sun-Sinous colt, sold by Werribee’s Harvey Park and originally raised by Flinders’ Two Bays Farm, was a record price for the VOBIS Gold sale.
At the sale’s conclusion, the average was $22,593 (up from $16,957 in 2016), median increased 44% to $18,000 while gross was $4,518,500 (up from $3,968,750 last year). The clearance rate finished at an extremely healthy 88%.
The figures reflected the appreciation of the revised format of the VOBIS Gold Yearling Sale, where only Super VOBIS-qualified horses were catalogued, and the sale restricted to one day of selling.
Since the VOBIS Gold format was introduced in 2013 to replace the Autumn sale, the sale average has increased by an extraordinary 142%, while the median has rocketed up 177%.
Harvey Park’s VOBIS Gold Sale record price colt was bought by Sydney agent Anton Koolman for $110,000 through his son Oliver.
Harvey Park, owned and run by Alan Harvey and his grandson Tyson Patelmo, breed a handful of mares.
They send their yearlings to Elphinstone based Rodney and Tammy Notman for sales preparation. This partnership between the Harveys and Notmans last year expanded to include a small pinhooking venture which included the Fighting Sun colt.
They had bought the weanling colt, a late October foal, off his breeder Two Bays Farm at the 2016 Great Southern Sale for $45,000 and now turned that into a $110,000 yearling.
“Word’s just can’t describe how we feel,” Rodney said.
“To get what we got from this sale is fantastic. I knew we had a nice colt but the result was fantastic.
“I said to Alan (at the weanling sale), he’s a diamond in the rough, he was only a little fella but I thought you’ve just gotta look past all of that.
“I thought he was pretty much exactly like his dad Fighting Sun.
“The (later) VOBIS Gold sale was the best time for it because he was a late foal and that bit smaller.”
Oliver Koolman indicated the colt is likely to end up in the Chris Waller stable.
The good results for Harvey Park were not confined to the top priced colt. They took the honours of leading vendor for the sale (3 or more lots sold) with three yearlings going through the ring for an average $67,000.
Inglis’ Victorian Bloodstock Manager Simon Vivian was overjoyed with the results.
“There’s really no doubting this is the best ever edition of the Inglis VOBIS Gold Yearling Sale, the results are there for all to see,” Vivian said.
“There was plenty of positive and aggressive bidding and the atmosphere was right up there with a Premier Yearling Sale.
“The support of the buyers was extraordinary today, the vendors produced extremely healthy and well-prepared yearlings and the combination of those two things led to a fantastic overall sale.
“Our revised format was embraced by vendors and buyers alike, and provides a phenomenal foundation for the sale’s future.’’
2017 Inglis VOBIS Gold Yearling Sale Statistics
(2016 stats in brackets)
- Lots Sold: 200 (234)
- Clearance Rate: 88% (90%)
- Average Price: $22,593 ($16,957)
- Median Price: $18,000 ($12,500)