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Old 10-31-2007, 04:29 PM
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GenuineRisk GenuineRisk is offline
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Quote:
Originally Posted by Danzig
probably bought ahead of time, and the auction just for show.
look at how many horses are bough back, reserve not achieved, and then they sell privately. often for less then they've been bought back for. i'm pretty sure it's because a deal was already in the works. hey, we'll sell to you for such and such, IF no one bids higher at auction. if they do, would the now jilted 'buyer' get part of that extra?
no doubt plenty of funny business behind the scenes. look at the green monkey story.
But see, that's just it! Everyone talks around what happened with TGM and his $16 million tag, but never in any sort of way I can actually understand. What? What happened? Pleeeasssee someone tell meeeee....

In the first example you gave- people can actually do that? Offer up a horse that's been sold? Then what, the purchasing agent just makes sure to keep bidding so that the people who bought the horse prior to the auction appear to win the the auction as well? Why don't they just pull the horse from the auction when the sale goes through?

I'm so very confused...
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Old 10-31-2007, 04:55 PM
Danzig Danzig is offline
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Quote:
Originally Posted by GenuineRisk
But see, that's just it! Everyone talks around what happened with TGM and his $16 million tag, but never in any sort of way I can actually understand. What? What happened? Pleeeasssee someone tell meeeee....

In the first example you gave- people can actually do that? Offer up a horse that's been sold? Then what, the purchasing agent just makes sure to keep bidding so that the people who bought the horse prior to the auction appear to win the the auction as well? Why don't they just pull the horse from the auction when the sale goes through?

I'm so very confused...
buzz chace recently bought a horse that was sold before it went thru the auction. so the seller listed, wasn't really the seller. in those situations, the horse is supposed to be pulled from the sale.
as for the green monkey, someone put up here (can't remember who, sorry) that the horse had already been purchased by coolmore, and then the auction and driving up the bid was bs, as the horse was already owned by the winning bidder.
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Old 10-31-2007, 04:59 PM
Danzig Danzig is offline
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http://www.bloodhorse.com/articleind...e.asp?id=36006

that's the link to the buzz chace story i talked about...note who the immediate underbidder was on the filly....
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Old 10-31-2007, 05:09 PM
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GenuineRisk GenuineRisk is offline
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Quote:
Originally Posted by Danzig
http://www.bloodhorse.com/articleind...e.asp?id=36006

that's the link to the buzz chace story i talked about...note who the immediate underbidder was on the filly....
That's an interesting read; thanks for posting it!
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