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.