LEXINGTON, KY (Jan. 8, 2014) – Lady Kierkegaard, a 5-year-old winning daughter of Arch, sold to Fleetwood Bloodstock for $310,000 to top Wednesday’s third session of the 56th Keeneland January Horses of All Ages Sale as figures rose across the board.
During the session, Keeneland sold 246 horses for $5,953,300, marking a 20 percent increase in gross sales from the corresponding session of the 2013 sale at which 227 horses sold for $4,953,900. The session’s average price of $24,200 rose nearly 11 percent from the $21,823 average last year, while the median of $15,000 was 15 percent higher than the average of $13,000 from 2013.
Cumulatively, Keeneland has sold 754 horses for $36,462,400. The average is $48,359, and the median is $25,500.
Through the first three days of the 2013 sale, Keeneland sold 676 horses for $40,299,000. The average was $59,614 and the median was $25,000.
“What we've seen through the September Yearling Sale, the November Breeding Stock Sale and now in January is that all levels of the market are doing very well within their own strata and that’s very positive for our industry,” Keeneland Director of Sales Geoffrey Russell said. “Keeneland sales indicate strength at the top level and strength at the middle level.
“It's a fair market,” Russell added. “It’s not a crazy market. I think this is the new reality. We are in a market where if you bring a good horse to sell you’ll get a fair price.”
Lady Kierkegaard, consigned by Winter Quarter Farm, agent, is out of the Mr. Prospector mare Realm. She is a half-sister to stakes winner Haint and is from the family of Grade 1 winner Preach.
Tim McMurry of Fleetwood Bloodstock signed the ticket for Lady Kierkegaard on behalf of Jerre Paxton of Northwest Farms.
“She’s correct. She’s a great physical,” McMurry said about Lady Kierkegaard, who will join Paxton’s broodmare band in Kentucky. “Jerre would tell you it’s a beauty contest and she’s pretty.”
Earlier in the session, two racing or broodmare prospects each sold for $170,000. Adena Springs purchased the first, 5-year-old Evil Kitten, by Kitten’s Joy. Evil Kitten, a Grade 3-placed runner, is out of the Southern Halo mare Santo Mio and is a half-sister to stakes winner Lucky Halo. She was consigned by Taylor Made Sales Agency, agent.
“The pedigree was very pleasing,” Adena Springs General Manager Eric Hamelback said about Evil Kitten. “The physical was, in our opinion, extremely good. She’ll be in the broodmare band and we’ll see what happens. We feel very happy we got her.”
Wellington Partners spent $170,000 for Fonepferesh (IRE), a 3-year-old daughter of Holy Roman Emperor. Consigned by Denali Stud, agent, Fonepferesh is out of Vee Gita, a half-sister to 2009 Grey Goose Breeders’ Cup Juvenile (G1) winner Vale of York (IRE).
Two yearlings brought $85,000 to lead the yearlings offered during the session. The first was a Frost Giant colt purchased by Is It Real Stables. Brandywine Farm, agent, consigned the colt, who is out of the Is It True mare Sarahisittrue.
Cedar Hill Farm bought the second $85,000 yearling, an Uncle Mo filly consigned by James Herbener, agent. She is out of the Dixie Union mare Southern Colony.
Adena Springs was the session’s leading buyer, purchasing five horses for $417,000. The leading buyer through the first three days is Ben Glass, agent, who has spent $1,682,000 on 30 horses.
The session’s leading consignor was Taylor Made Sales Agency, which sold 50 horses for $1,541,200. Taylor Made is the sale’s overall leading consignor, with 99 horses sold for $4,126,200.
Thursday, Jan. 9, marks the final day of the January Sale with the session beginning at 10 a.m. ET. The sale is streamed live at Keeneland.com.