Havre de Grace yearling RNA confusion

[SnicklefritzG]

So what happens next to that guy?

I imagine after this, people will think twice about using him as a consignor? But seriously, weren’t there enough checks and balances to prevent this from happening?

[QUOTE=jennywho;8848785]
In another article Wayne said he intended to write 1.19 and wrote 1.9 instead so it sounds like he was the one that made the mistake. Horrible situation for all involved.[/QUOTE]

[LaurieB]

[QUOTE=Xctrygirl;8847313]
For what it’s worth, having spoken to a friend who does put in the reserves for a well known/respected bloodstock agency in Ky, things are not as laid back as you’d think. They record you saying to them what the reserve is with a video camera. Then you sign your life away on it in triplicate. This is not as easy to botch without proof in hand of what you’ve said and put down as the official reserve. Add to that that the person who does this is likely an Employee of Wayne’s. They would ‘normally’ then give the slip to Wayne himself to at least glance at.

~Emily[/QUOTE]

I was curious when I read this a couple of days ago because I’d never noticed that I was being videoed. I’d certainly never said a reserve into a camera. So I checked yesterday when placing a reserve. There’s no video. I just filled out the form (which is in triplicate) and handed it over. One copy goes into Keeneland’s records, one is sent to the auctioneers and one came back to me. The whole process is pretty easy and I can see why someone who’s not paying attention could make a mistake. (Of course it is up to the consignor to be paying attention, but that’s another matter.)

[gotpaints]

[QUOTE=SnicklefritzG;8844031]
I’d be very upset too if it were me. However, there are times when things happen for a reason. I read that Pope might keep the colt if she doesn’t get the price she wants.

Question: who is held accountable in situations like this? With it being a $1.9 million mistake, simply saying “I’m sorry” doesn’t cut it. What actually happens in cases like this?[/QUOTE]

Wayne is responsible. What may save him is that he and Mandy have worked together for many years (Mandy was one of Timber Town’s first clients and she worked with him before he started the farm) so it’s not a case where it’s a new relationship. It’s definitely something that neither is going to forget soon though. I was at the sale and Mandy was distraught when she realized the mistake. She’d been telling potential buyers the reserve pre-sale and was (rightly) worried what everyone would think when he RNAed nearly $1 million more.

Rumors were swirling around the sales ground all week about it so it definitely wasn’t something she or Wayne could easily escape.

[gotpaints]

[QUOTE=SnicklefritzG;8848779]
Not to hijack the thread, but why might this colt, hip 571, made $1.9M easily, yet Havre de Grace’s colt didn’t?

http://apps.keeneland.com/sales/Sep16/pdfs/571.pdf[/QUOTE]

It’s the War Front factor. Odds are that colt is heading to Europe, they love the War Fronts over there. He was a very War Front looking horse so that definitely helped and having the Breeders’ Cup winner on the page under his third dam didn’t hurt either…

[FranklinFulcher]

Thank you for sharing.