Value of a mare..

[The Indomitable DrugS]

I can certainly understand why a freshman stallion prospect, who has a stud fee in that price range, would look like a more attractive buy than a "proven commodity" for the same price.

If I was a buyer, and looking to buy a good racehorse, and saw two I liked equally, I'd obviously want the freshman stallion, if it was one I felt had good upside, over the proven commodity stallion.