The third session of the 2012 Lexington Selected Yearling Sale showed that the market continues to suffer from a lack of buyers. The crowd was smaller and quite a few people who had bought yearlings on the first two nights of the sale did not show up for the third session. With fewer buyers, and shoppers planning on spending less than the prices seen in sessions one and two, the average price for the 153 yearlings sold Thursday night, Oct. 4, was $26,111. The average priced dropped 13 percent from last year's average of $30,013 in the third session.
The top price of the third session was for hip 386, a colt by Somebeachsomewhere out of the Artsplace mare Pan Hanover p,3, 1:53.4 ($213,567). Bred by Dr. Ken Rucker's Wisconsin Standardbreds and consigned by Midland Acres as agent, Lindy Racing Stable bought the colt, named Rebellious, with a final bid of $100,000. Earlier in the day Lindy's 2-year-old pacing filly Aunt Caroline was beaten at The Red Mile by Power Pack Hanover, a sister in blood to Rebellious. Power Pack Hanover, who was sold for $120,000 as a yearling, won by a whopping 10 lengths in 1:51.3.
Brixton Medical Ab of Sweden bought two trotting-bred yearlings for $90,000 and $75,000, with a Jailhouse Jesse-Habit colt (hip 316) costing the most and the other purchase a colt by Yankee Glide (hip 346).
Through three sessions, 400 yearlings have been sold for an average price of $49,452, up slightly from the 2011 average of $48,758 through three sessions. Gross sales thus far total $19.7 million, excluding the RNAs (reserve not attained).