KEE SALE: '17 gross ($273MM) passes '16 in just 7th session

[Kasept]

BOOK 4; DAY 1

RON MITCHELL, Bloodhorse: The buoyant pace continued at the Keeneland September yearling sale when gross sales of $273,298,000 through the Sept. 18 seventh session of the 12-day sale surpassed total sales of $272,890,500 recorded during last year's entire 13-day auction.

Monday marked the first of the two-day Book 4. Keeneland reported 276 horses sold for $18,385,000, for an average of $66,612 and a median of $50,000. A total of 75 horses did not sell, resulting in an RNA rate of 21.37%. Last year's comparative seventh session had 286 sell for a total of $20,935,500, with an average of $73,201 and a median of $57,500.
Advertisement

Cumulatively, Keeneland has sold 1,455 horses for $273,298,000, for an average of $187,834 and a median of $120,000 so far this year.

[freddymo]

Originally Posted by Kasept

BOOK 4; DAY 1

RON MITCHELL, Bloodhorse: The buoyant pace continued at the Keeneland September yearling sale when gross sales of $273,298,000 through the Sept. 18 seventh session of the 12-day sale surpassed total sales of $272,890,500 recorded during last year's entire 13-day auction.

Monday marked the first of the two-day Book 4. Keeneland reported 276 horses sold for $18,385,000, for an average of $66,612 and a median of $50,000. A total of 75 horses did not sell, resulting in an RNA rate of 21.37%. Last year's comparative seventh session had 286 sell for a total of $20,935,500, with an average of $73,201 and a median of $57,500.
Advertisement

Cumulatively, Keeneland has sold 1,455 horses for $273,298,000, for an average of $187,834 and a median of $120,000 so far this year.

You never know when you are going to be on the phone with Charlotte Webber and Mark Casse cuts in to buy hip 2365.. That was pretty funny

[Alabama Stakes]

Seems like folks are spending a lot of money to win how much ? How many of these hips will earn their keep ? Or pay for themselves?

[Kasept]

Originally Posted by Alabama Stakes

Seems like folks are spending a lot of money to win how much ? How many of these hips will earn their keep ? Or pay for themselves?

Very few pay for themselves. The biggest players buy colts looking for the grandest prizes in the game and to make a stallion to offset the losses. Those buying fillies are hoping to win some nice races and either sell high at the bloodstock sales or add to their broodmare band.

And don't forget that a certain (considerable) percentage of these purchases are pinhooking traders that are going to develop the yearlings into 2yo in training sales offers.