Educate me (please) re: yearling sales

All of the larger sales have a minimum bid of $1K, but I believe some of the smaller ones allow $500. At either of those low prices you are taking a big loss…

If you hire a consigner, they will charge a day rate, also prep fees,sales halters, % commission and a bunch of other tack ons, then there is a fee to sales company, your vanning costs…just for 1 weanling at Timonium w/ most of the overhead fees knocked off it was still like $1500. for 3 days.

They also might talk to stud farm managers who occassionally know of trainers that like young racing stock by these stallions and while the stallion is important if they do not have a STRONG mare page its all a mote point. If the mares haven’t been producing race horses these youngsters will be a tough sell.

Yes Viney there is a minimum knock down for every bracket i.e. weanlings, yearlings, horses of racing age etc.

They might just get 1st class quality photo’s and put them on www.Handride.com and try to sell privately.

No-I meant literally not a select sale.
It’s not Keeneland, but they usually have nice horses…

Fasig Tipton and Keeneland did have a $1000 strike price, but I believe that Timonium has a $500 minimum bid.

If you are thinking of Timonium or Fasig Tipton October, I would recommend Summerfield (the Vanlandinghams) as consignors. They are from Md. and so are very familiar with the Md. sales. They also sell in Ky, so they would be good for whichever sale you wanted to sell at.

They are very nice people and very honest. If you contacted them with the sire and dam information and GOOD quality conformation shots (both sides, front and back – to show if the legs are straight or crooked) they probably would tell you if it was worth sending the yearlings through the sales ring. They do not want to go to all the trouble of consigning a horse who will bring practically no money and only get them their minimum commission, which is usually $1000 (for Ky sales yearlings).

Any consignor will also want to have them 45 - 60 days before the sale to “sales prep” them. This can cost about $30 -$40/day (x 60 = $2400).

So, you have to figure $2400 + 10% comission between the consignor and sales company – If they sell for $10,000 you would end up with $6600 back in your pocket.

But then you have to figure in the stud fee and the cost of raising each horse for18 months (about $7500 is the figure usually used). If High Cotton stood for $5000, then you have $12,500 invested in each horse. Add in sales prep = $14,900. That means that each horse would have to sell for c. $17,000 to break even.

If the dams have any “black type” (stakes wins or placings) or are the daughters of dams with success in stakes races, AND the yearlings are well conformed, $$17,000 is possible, but not likely.

PS: If the dams do not have a good pedigree/race record, then, IMO, they are not worth breeding. The world is full of too many horses who cannot justify the $$ it costs their owners to sell them as yearlings.

While I certainly can’t blame you for having difficulty spelling their name (Vanlangendonck), I was tickled you kept it to a racing theme with the '85 handicap champ. :smiley:

You can look here to see how yearlings by High Cotton and In Summation have sold–you’ll get price, which auction and the breeding. Could be useful to take a look at the mares that have produced the upper end and see how the dams of your friends horses compare.

http://www.bloodhorse.com/auctions-tool/hip-search/horse

The Fasig Tipton Mid Atlantic sale in MD is also known as the Timonium sale. Fasig Tipton also has sales in KY,FL and TX. There are people who have put horses in sales and got NO Bid. They have to pay the sales company,the consignor, and the hauler and take the horse home or sell or give away outside the sale. If the horses are offered for sale on the internet the cost is much lower, the buyer pays for hauling and vetting. Besides handride.com there are numerous other web sites one can advertise on like www.starquine.com www.equinenow.com. Also www.dreamhorse.com and www.horsetopia.com,etc. There is less stress on the horses since they are shown to potential buyers at their own home farm.

I actually wouldn’t spend the money to ship them to FL if they are not FL breds. Everyone knows those stallions and I would sell them at the Fasig Timonium sale in October to the mid atlantic crowd that will appreciate a NJ bred to run at Monmouth.

Definitely get a consignor. Get the consignor to come evaluate the yearlings before you enter the sale and make sure they are attractive and correct enough to sell.

Yearlings at the sale will be fit and well prepped so should be kept inside during the day from here on out and given regulated exercise daily.

Don’t go to a 2 yr old sale, it’s a ton of money and work and a lot more risk keeping the horse sound all the way to the sale.

[QUOTE=Beaver Breeze;6319749]
While I certainly can’t blame you for having difficulty spelling their name (Vanlangendonck), I was tickled you kept it to a racing theme with the '85 handicap champ. :D[/QUOTE]

Also, they are in Florida, not Maryland.