Fasig Tipton December Mid Atlantic Sale Yesterday

[Xctrygirl]

I’ve bought a mare from this sale and usually have watched the results each year.

I am NOT an expert or anything close but these prices look like many sellers really took a hit.

7 6 figure horses, the highest being $450k

11 horses at 50k - $99k

41 between 49k-20k

56 between $19k and $10k

34 between $9999 and $5500

69 Between $5k and $2000

32 between $1999 and $1000

58 Not Sold

57 Withdrawn

I see that the not sold number is the same as last year but they cataloged a lot less horses last year as well. Overall it was on paper a better sale than 2018 but they did a late push and offered some deals on horses of racing age. There were 130+ late additions and that helped the sale as the top prices came not from the broodmares, but rather from black type colts who can either continue to run and later be a stud prospect.

The top broodmare was Hip 1, who is directly related to Shared Account and who is a Broken Vow mare in foal to Practical Joke, a son of Into Mischief, who has just finished his second season at Ashford Stud and will stand for $25k in 2020. She sold for $105k.

Big name buyers bought some lower priced horses. Matt Schera bought one for $4k. The Jacksons bought a weanling for $14k

Just an interesting sale.

Em

[bdj]

Watched a good bit of the sale online yesterday.
Was really interested to see O Dionysus go to Irv Naylor - wonder if we’ll see him over fences one day?

[LaurieB]

Seller have been taking a hit at every sale for the last 2-3 years. This one was much of the same. It’s not a good time to be breeding and/or selling Thoroughbreds. Nearly all the high prices at this sale were from the Jospeh Beseker dispersal. If you remove those stats, the sales results would have been disastrous.

[Palm_Beach]

There were some horses with really bad xrays on racing stock. Like need to retire bad.

[ejm]

Have to agree with LaurieB, especially at the regional sales and later books at Keeneland. Times are a changing with fewer tracks, fewer small owners, fewer regional breeders, and a lot more pushback from the anti-racing crowd. Not as many younger people with farm or livestock backgrounds, higher costs for breeders (stud fees, board, vets, but they all face rising costs too), development pressure on small tracks and farmland, increased competition for the gambling dollar, on and on.

There are usually a few really nice horses at the Midlantic sale but it’s always been more of a blue collar market overall. Also, I can remember quite a few New York-breds and mares in foal to New York sires at the Midlantic sale, and New York buyers, before Fasig Tipton started holding a fall mixed sale at Saratoga.