Agreed!! I’m betting much of this was “who you know” auction – the rich (or formerlyrich) selling to their buds. Some of these horses may find their way to the killer pen some day, but killer buyers don’t frequent these types of auctions.
I’m really shocked how naive some COTHERS seem to be about auctions – there are some VERY classy and expensive auctions for horses out there where no horse will end up with a killer. In this case they were well bred and probably sold for a loss, but they are not “killer” quality. Geeze, I saw someone pay $4000 for a famous (but VERY OLD) Teke mare who had 13 foals. Never did anything but look at her in the pasture. Just to say she owned her.
All I can say is I have horses being offered for close to those prices and of equal quality and I’m not getting swamped with offers.
I think these guys did good all things considered. And I’m sure they will get a huge tax break on the loss.