Inglis’ Riverside Stables Prove Popular with Buyers

Inglis’ Riverside Stables Prove Popular with Buyers

2018 CLASSIC YEARLING SALE STATISTICS

BOOK 1 (2017 in brackets)

Lots Sold: 518 (505)

Clearance Rate: 93% (90%)

Average Price: $93,565 ($71,342)

Median Price: $75,000 ($55,000)

Top Price: $480,000 ($400,000)

Gross: $48,466,500 ($36,025,500)

BOOK 2

Lots Sold: 157

Clearance Rate: 88%

Average Price: $44,914

Median Price: $35,000

Top Price: $200,000

Gross: $7,051,500

Inglis’ Riverside Stables era has begun in the most astonishing fashion imaginable, with a stunning Book 2 today complementing a record-breaking Book 1 to take the sale to never-before-seen levels.

Book 2 proved a resounding success, proving unequivocally it has a permanent home in the Australian marketplace.

With an average of $44,914, clearance rate of 88% and a gross of $7,051,500 it exceeded all expectations, taking the total gross of the four days of selling to $55,518,000.

Queenslanders Eureka Stud were the big winners of the day, ending Book 2 as leading vendor by aggregate ($707,500) and average ($117,917) and celebrating a 100% clearance rate from six offerings.

Eureka’s star stallion Spirit Of Boom topped the leading sire page in both aggregate ($675,000) and average for three or more sold ($135,000).

 

PIC: Today’s top Lot was this Sprit of Boom x Laurinel Argie filly for Eureka.

Eureka’s Angus McAlpine was stunned when informed they were leading vendor.

“Us? Are you sure? That’s unbelievable,” he said.

“A massive thank you to Inglis for allowing us to bring our draft to what has been an absolutely phenomenal sale at an absolutely phenomenal venue.”

To view our Day 4 Facebook Live wrap, CLICK HERE.

To view our Inglis TV story on the amazing pinhook result of Bowness Stud, CLICK HERE.

To enquire about any Passed In Lot from the Classic Yearling Sale, contact James Mitchell on 0438 274 198.

Buyers’ attention now turns to Melbourne for the Premier Yearling Sale, to be held at Oaklands Junction from March 4-7.

On-site inspections will begin from Monday February 26.

To view the catalogue, CLICK HERE.

 

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Shayne Heffernan Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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