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  #1  
Old 10-23-2006, 11:59 PM
Antitrust32 Antitrust32 is offline
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Quote:
Originally Posted by Cunningham Racing
Actually, around $8 million

What do u mean? TGM went for 16 M
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  #2  
Old 10-24-2006, 12:33 AM
Rupert Pupkin Rupert Pupkin is offline
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Quote:
Originally Posted by Antitrust32
What do u mean? TGM went for 16 M
There is a lot of funny business that goes on at sales. Don't always believe the prices you see at sales.

I think that Joel's number is accurate.
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  #3  
Old 10-24-2006, 12:40 AM
eurobounce
 
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Quote:
Originally Posted by Rupert Pupkin
There is a lot of funny business that goes on at sales. Don't always believe the prices you see at sales.

I think that Joel's number is accurate.
Yeah, those sales are weird. So many behind the scenes deals that I think people forget who they have deals with.
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  #4  
Old 10-24-2006, 08:12 AM
oracle80
 
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Quote:
Originally Posted by eurobounce
Yeah, those sales are weird. So many behind the scenes deals that I think people forget who they have deals with.
How many horses have you purchased at these sales Euro?
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  #5  
Old 10-24-2006, 10:54 AM
Antitrust32 Antitrust32 is offline
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Actually, I am pretty sure they paid 16 million dollars. If that is the number on the auction board when the hammer hit, that is what they paid. The sale charges a 5% commission, but it was still 16 mill that was dropped for this animal.

A gentleman that I work with, who has been to the sale thousands of times and bought plenty of horses confirmed this for me.
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  #6  
Old 10-24-2006, 10:56 AM
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paisjpq paisjpq is offline
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Quote:
Originally Posted by Antitrust32
Actually, I am pretty sure they paid 16 million dollars. If that is the number on the auction board when the hammer hit, that is what they paid. The sale charges a 5% commission, but it was still 16 mill that was dropped for this animal.

A gentleman that I work with, who has been to the sale thousands of times and bought plenty of horses confirmed this for me.
they are saying that you shouldn't always believe what you see on the board...it is possible to pay less than what the public sees...
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  #7  
Old 10-24-2006, 11:00 AM
blackthroatedwind blackthroatedwind is offline
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Quote:
Originally Posted by Antitrust32
Actually, I am pretty sure they paid 16 million dollars. If that is the number on the auction board when the hammer hit, that is what they paid. The sale charges a 5% commission, but it was still 16 mill that was dropped for this animal.

A gentleman that I work with, who has been to the sale thousands of times and bought plenty of horses confirmed this for me.

Out of curiosity, why do you keep arguing this?

Yes, we all know what the sales price was, however what some posters here are indicating is that perhaps the same connections paid a different price for the horse a few days prior to buying it publically from themselves.

There is a no forced disclosure of actual owners of horses being sold at the sales.
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  #8  
Old 10-24-2006, 11:02 AM
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paisjpq paisjpq is offline
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Quote:
Originally Posted by blackthroatedwind
Out of curiosity, why do you keep arguing this?

Yes, we all know what the sales price was, however what some posters here are indicating is that perhaps the same connections paid a different price for the horse a few days prior to buying it publically from themselves.

There is a no forced disclosure of actual owners of horses being sold at the sales.
it is also possible that certain "rebates" are given back to the buyer...after it is ensured that the horse ends up with the agreed upon purchaser
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  #9  
Old 10-24-2006, 01:34 PM
Antitrust32 Antitrust32 is offline
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Quote:
Originally Posted by blackthroatedwind
Out of curiosity, why do you keep arguing this?

Yes, we all know what the sales price was, however what some posters here are indicating is that perhaps the same connections paid a different price for the horse a few days prior to buying it publically from themselves.

There is a no forced disclosure of actual owners of horses being sold at the sales.


I am not really arguing. I just found it weird that people where saying he was 8 mil when I clearly remember 16 mil. So I just verified with my colleague, what the price was, and since he used to be the GM for Due Process Stable (and bought/sold numerous horses at the sales), I trust what he tells me about sales prices.

I am not here to argue thats for sure, I just wanted to know the reason why people said he was an 8 million sale.
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