Fasig-Tipton Sale Shows Strength of Thoroughbred Valuations
A record-setting renewal of The October Sale ended Thursday with an historical high in gross and average.
In sum, 981 yearlings sold for $35,812,900, good for an average of $36,507 and median of $12,000. Gross was up 39.4% over 2016, while average rose 10.4%. The previous record gross and average were attained in 2014, when 837 yearlings sold for $30,006,200, averaging of $35,850.
A colt by internationally successful sire Medaglia d’Oro topped the sale when sold for $700,000 during the sale’s third session. Offered as Hip 736 by Baccari Bloodstock, agent, the popular colt was purchased by Mark Casse, agent.
“There were a lot of happy faces and a lot of people who really had meaningful and significant sales this year,” said Fasig-Tipton President Boyd Browning. “That’s probably the most encouraging thing from our perspective. You can bring a legitimate horse here and get paid real money.”
Medaglia d’Oro was also responsible for the sale’s top filly, Hip 967, who was purchased for $350,000 by Eclipse Thoroughbred Partners from the consignment of Lane’s End, agent.