Keeneland Auction Azeri, Island Fashion

[sumitas]

Is that US dollars

[Scav]

I am watching the sale, and while I don't know about past January sales, there is alot of horses going through for under 10k, can't be a good sign for the sale, but a great sign for people that are buying

[Linny]

If you afford to buy, it's a great time to be in the market. Prices are very low IMO and there are tons of puts. My guess is that folks would rather hold their stock and hope for an improvement. I don't have the book so I'm not sure what the bulk of the "outs" are, mares, babies or racing age. My guess is that some are opting to wait out the market with yearlings.

How about those 2 adorable little babies that went through with their moms?

[Scav]

Originally Posted by Linny

If you afford to buy, it's a great time to be in the market. Prices are very low IMO and there are tons of puts. My guess is that folks would rather hold their stock and hope for an improvement. I don't have the book so I'm not sure what the bulk of the "outs" are, mares, babies or racing age. My guess is that some are opting to wait out the market with yearlings.

How about those 2 adorable little babies that went through with their moms?

Linny, in regards to those babies, is that because they just foaled in 2009 and were early? I have never seen that

[Scav]

4.4 million

[smuthg]

Originally Posted by Scav

4.4 million

does that seem low to you?

[Kasept]

Originally Posted by smuthg

does that seem low to you?

They were expecting somewhere around $5,000,000. so it's a notch low. Island Fashion was expected to get $1,000,000 and went for $950,000, so you could say the toppers are off by 5-10% or so.

[paisjpq]

Those are this years foals. Didn't see the babies but every year at least a couple are actually born @ the sales in jan and feb.

Originally Posted by Scav

Linny, in regards to those babies, is that because they just foaled in 2009 and were early? I have never seen that

[Scav]

Originally Posted by paisjpq

Those are this years foals. Didn't see the babies but every year at least a couple are actually born @ the sales in jan and feb.

Thanks Bethani, pretty cool seeing them.....

[Riot]

From Blood-Horse yesterday:

But this time around, according to the consignors of Azeri and Island Fashion, Paulson and Nielsen are serious about letting them go.

“I am very confident that Azeri is going to be sold,” said John Sikura, whose Hill ‘n’ Dale Sales Agency will offer the 11-year-old mare. “Now, if there is some great aberration in the market that we haven’t seen before, then every owner has a right to protect his interest. But the intent is to sell and we’ve said that to any prospective buyer and publicly to any media source. If there is a reserve, it will be very reasonable.”

Paulson told The Blood-Horse late last year that selling Azeri was “part of the restructuring and wrapping up of my father’s trust.”

Who was the high bidder?

If it were me, I'd be furious.