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Average price drops 31% at Indiana Premier Sale

September 28, 2012

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With more horses to choose from in 2012 than last year and another yearling sale in the state next month, the Indiana Premier Yearling Sale finished with a 31.3 percent drop in the average price. A total of 280 yearlings were sold--31 more than last year--and the gross resulted in an average price of $7,730, down from last year's average of $10,147. The median price also declined, dropping from $7,500 to $5,000.
The sale toppers in the opening session held their spots throughout as prices never broke $20,000 on the bid board on day 2.
The top price was the $37,000 bid for a Here Comes Herbie colt out of Andover Babe. Consigned by Black Creek Farm, the colt was purchased by Burke Racing Stable LLC. Last year at Harrisburg a filly by Muscle Mass out of Andover Babe was sold for $18,000. Burke Racing also bought a Jailhouse Jesse colt out of Centergy for $26,000.
An Always A Virgin colt out of Tyber Song led the pacers in the opening session, with a bid of $35,000 from Pay-Maq Racing, Anthony Lombardi and Erv Miller. Victory Hill Farm consigned the colt. Last year a Western Ideal colt out of Tyber Song sold at the Lexington Selected Sale for $16,000.
Always A Virgin and Here Comes Herbie each had two yearlings bring prices of $30,000 or more in the opening session, while pacing sire Total Truth and trotting sire Swan For All each had one yearling fall in that range.
Click here for results for Day 1 and click here for Day 2.
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