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  #1  
Old 09-12-2006, 07:05 PM
oracle80
 
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Quote:
Originally Posted by Betsy
No, I wasn't. I obviously posted this before he sold. I got this colt confused with another one........$1.3 is pretty nice.
I also noticed that this was a terrible sale for AP Indy - I've never seen worse. He had one go for over $1 million (the Serena's Song colt), another for about $975, 000.00, but overall.........lots of RNA's and middling prices.
Betsy,
I honestly believe that folks just conceded the first two days to the Maktoums and are looking at books 3 and 4 in hopes of landing one.
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  #2  
Old 09-12-2006, 07:08 PM
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paisjpq paisjpq is offline
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Quote:
Originally Posted by oracle80
Betsy,
I honestly believe that folks just conceded the first two days to the Maktoums and are looking at books 3 and 4 in hopes of landing one.
that's an interesting point mike and could explain some rather uninspiring prices on nice horses.
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  #3  
Old 09-12-2006, 07:09 PM
Danzig Danzig is offline
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not so sure that the sheik wants good horses, i think he just wants to beat out coolmore....

why? because he CAN!

sweet on that danzig!!
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  #4  
Old 09-12-2006, 07:16 PM
oracle80
 
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Originally Posted by paisjpq
that's an interesting point mike and could explain some rather uninspiring prices on nice horses.
I was going to point out a few but could point out many more than a few who went surprisingly low, they couldnt all have been crooked.
The shock of the century was Smarty Jones full sister selling for less than 300 grand. I mean are you kidding me? If he pans out as a sire then shes worth 20 times that as a broodmare and Ed gaudet of Maryland got her.
Bottom line is that for the folks who got the big money, they love the Coolmore/Maktoum feud. But many many consignors are in mortal agony right now after getting about 1/5th- 1/2 of what they thought they would get.
I know several folks in business with big bucks who said they werent even gonna have anyone vet out or look at the yearlings in the first two days.
I honestly believe that everyone believed that anything worth having would be bought by the Sheikhs, and that it was a waste of time.
The problem is that they didn't bid on anyone who wasnt on their list, they just bid determinedly on what they did want.
The averages may go up based on the top 10 big purchases, but overall I think there are a lotta disappointed folks tonight who got lots less than they thought they would.
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  #5  
Old 09-12-2006, 07:26 PM
Danzig Danzig is offline
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i can't believe how low the full sis to smarty went for...she must be crooked or something.
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  #6  
Old 09-12-2006, 07:28 PM
Danzig Danzig is offline
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lol oops, oracle already mentione crooked and smartys sister.

but after seeing horses like wild fit go for what they went for(she of course was purchased after the bcjf for her future worth as a broodmare), i just can't get over it.
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  #7  
Old 09-12-2006, 07:35 PM
Rupert Pupkin Rupert Pupkin is offline
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Quote:
Originally Posted by Danzig188
i can't believe how low the full sis to smarty went for...she must be crooked or something.
She may not have scoped well. They scope these yearlings the same way they scope the 2 year olds at the 2 year old sales. If a horse has a really bad throat, that will knock their price way down.

Another thing that can hurt the sales prices are chips. A lot of these horses have chips. Just from running around out in the pasture as yearlings, they get chips. Depending on how bad the chip is, it can have a big impact on the sales price. You would be shocked at how amny of these yearlings have chips. I don't know the exact number but it's probably somewhere around 10-20%.
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  #8  
Old 09-12-2006, 07:40 PM
Danzig Danzig is offline
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you would just think tho that she would have more value than that as a broodmare....i'm surprised, but probably not as surprised as her seller!

who knows, hell they can't all go for 8-10 mill...
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  #9  
Old 09-12-2006, 08:15 PM
BellamyRd.
 
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Damned Arabs got my Storm Cat...I've been shut out again!
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  #10  
Old 09-12-2006, 10:10 PM
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Quote:
Originally Posted by Danzig188
you would just think tho that she would have more value than that as a broodmare....i'm surprised, but probably not as surprised as her seller!

who knows, hell they can't all go for 8-10 mill...

Guys, guys, guys!!!...I'll Get Along sold a couple of years ago for many millions of dollars to the group that just sold this full to Smarty Jones....I GUARANTEE you that they knew what they were selling and had a reserve on her that was relavent to her value....that, I can assure you of.....these guys aren't stupid and they just didn't get rid of her because they needed the money....she had to have been well sold for that prce or they would not have done that, especially considering the millions they spent on I'll Get Along after Smarty's fame....

I guarantee you that she has some serious issues with her somewhere that provided for a lot of risk with her.....
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  #11  
Old 09-12-2006, 10:05 PM
Cunningham Racing
 
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Quote:
Originally Posted by Rupert Pupkin
She may not have scoped well. They scope these yearlings the same way they scope the 2 year olds at the 2 year old sales. If a horse has a really bad throat, that will knock their price way down.

Another thing that can hurt the sales prices are chips. A lot of these horses have chips. Just from running around out in the pasture as yearlings, they get chips. Depending on how bad the chip is, it can have a big impact on the sales price. You would be shocked at how amny of these yearlings have chips. I don't know the exact number but it's probably somewhere around 10-20%.
It shouldn't hurt their prices too much because if a horse has a chip and you buy it then X-ray afterward and find a chip, you can turn it back and not pay for the horse....

I never X-ray horses anymore UNTIL I buy them because it cost too much money X-raying every damn horse you may be interested in....you wait and buy them and THEN you x-ray them after they get out of the ring and if they don't vet out you turn them back to the seller and don't pay....

Throats are a little different...if there is some sort of disfunction or paralysis than you can turn back a horse after you buy it and discover it has a bad throat.....yet, if you are a pinhooker and a horse has a functional throat but it may rate out as a "B" throat and not an "A" throat (the best and onlt thraots that pinhookers will buy to be able to resell the prospect down the road) then you are stuck with the horse.....

Why waste vet charges evaluating 25 horses before a sale if you are only planning on buying 3 or 4 of them that wind up fitting in your price range?...It is wasted cost and the very reason there is a turn-back policy at the sales - to protect the purchaser's risk and cost output....
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  #12  
Old 09-12-2006, 11:19 PM
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Round Pen Round Pen is offline
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Quote:
Originally Posted by Cunningham Racing
It shouldn't hurt their prices too much because if a horse has a chip and you buy it then X-ray afterward and find a chip, you can turn it back and not pay for the horse....
I never X-ray horses anymore UNTIL I buy them because it cost too much money X-raying every damn horse you may be interested in....you wait and buy them and THEN you x-ray them after they get out of the ring and if they don't vet out you turn them back to the seller and don't pay....

....
Not At Keeneland for the yearling sale if you buy one and he has got a chip he yours. that is why every yearling has to have a set of X rays in the repository.

Now if you buy a yearling and re xray it and find a chip and that same chip is not on the consignors xrays in the repository then you can return it.
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  #13  
Old 09-12-2006, 07:10 PM
Betsy Betsy is offline
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Quote:
Originally Posted by oracle80
Betsy,
I honestly believe that folks just conceded the first two days to the Maktoums and are looking at books 3 and 4 in hopes of landing one.
LOL, that's probably true. I'm not upset, just rather surprised. However, it's not like they sold for $30,000.......someone, somewhere, got a nice Indy yearling for a fraction of what they thought they were going to pay.

Danzig has died, so these are some of his last yearlings - no wonder they sold so well. Can't blame the Sheikhs for wanting to get their hands on some precious commodities.

Interesting sale in that some younger sires made their mark -Distorted Humor, Mr. Greely, etc.......
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  #14  
Old 09-12-2006, 07:16 PM
Rupert Pupkin Rupert Pupkin is offline
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Unless you have unlimited money, the first couple of day of that sale are a total waste. The prices are just crazy. We pretty much don't even waste our time looking at any horses that are going in the ring on Day 1 or Day 2. There is a chance of finding something for a relatively reasonable price on Day 3, but even Day 3 has pretty high prices. We do most of our buying on Days 4-9 or so. You can find a lot of nice horses in the $100,000 range on these days.
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