The Cape Sale took many of the best yearlings away from the National Sale. To keep the numbers up, some 200 yearlings who normally wouldn’t have made the grade appeared in the National sale catalogue. No wonder the numbers at Nationals were down on previous years. Yet when put in proper context, the major sales of 2011 make it the best year South Africa has ever had. Ever! KAREL MIEDEMA looks at the figures.
Nationals 2011 Sales Topper R3.2 million Jet Master x Jalberry filly
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At Nationals last year, 490 yearlings averaged R326k, with a median of 225k.
At Nationals this year, 472 yearlings averaged R244k, with a median of 150k.
It’s wrong, though, to make a straight comparison. As much as a third of the 2011 catalogue was made up of yearlings who didn’t belong at Nationals. Buyers took note and bid accordingly.
So how do we sensibly assess 2011, compared to previous years?
One way is to take the 214 yearlings sold at the Cape Premier Sale, and add the highest prices from the National Sale to get to a comparable number of yearlings sold to that of Nationals in 2010.
Another way is to lump the Cape Premier Sale and National Sale together, and then from the top-price down pick a number of yearlings comparable to those sold at Nationals in 2010.
Either way 2011 beats 2010 hands down.
Both scenarios give an average price over R380k, compared to R326k last year.
The median prices for the two scenarios are 260k and 275k – well above the 225k recorded last year.
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When split by sex it’s much the same.
The colts of 2011 average over R400k (vs 373 in 2010), with a median of 275k and 300k (vs 250k in 2010).
The fillies average is R340k (vs R267 in 2010), with a median of 250k for both scenarios (vs 200k in 2010).
Percentage-wise those are increases of 15% and more in all cases.
Looking back in time, the previous ‘best’ year for Nationals was 2008, with an average of R398k and a median of 260k – both below our double-handed 2011 scenarios.
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No doubt the unqualified success of the Cape Premier Sale deserves the kudus. But overall speaking there’s every reason to be pleased with what has been achieved in 2011 at our two major sales.
The tables below shows the last 2 years of sales and a list of yearling millionaires, how they’re bred, who bought and who sold.
That’s followed by a break-down of yearlings by sire, grouped by sex, and with their Sales Index (SI).
It’s well worth studying.
Click here to for sale prices by stallion incl SI (Sale index)
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National Sales 2011 in perspective
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Scenario yrlgs average median
Nationals 2010 490 326k 225k
Nationals 2011 472 244k 150k
all Cape 2011 + all Nat 2011 686 296k 200k
all Cape 2011 + top Nat 2011 488 380k 260k
top of all Cape & Nat 2011 479 387k 275k
Colts
Nationals 2010 273 373k 250k
Nationals 2011 258 262k 175k
all Cape 2011 + all Nat 2011 397 323k 200k
all Cape 2011 + top Nat 2011 295 405k 275k
top of all Cape & Nat 2011 287 414k 300k
Fillies
Nationals 2010 217 267k 200k
Nationals 2011 214 221k 150k
all Cape 2011 + all Nat 2011 289 258k 175k
all Cape 2011 + top Nat 2011 193 343k 250k
top of all Cape & Nat 2011 192 346k 250k
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They Made A Million
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price lot sex sire dam damsire buyer vendor
3200k #196 f Jet Master Jalberry Jallad OA Ferraris Racing Varsfontein Stud (agent)
3000k #352 c Jet Master Promisefrommyheart Elliodor A Papageorgiou Varsfontein Stud
2100k #217 c Trippi La Patoneur Badger Land Mike Bass Racing Klawervlei Stud
2000k #421 f Giant’s Causeway Skyline Drive View Distant View Mayfair Speculators Summerhill Sales
1700k #189 c Jet Master Island Squaw Al Mufti Form Bloodstock The Alchemy
1600k #244 f Nayef Letsimpress General Monash Blandford/Mrs R Beck Drakenstein Stud
1400k #304 c Silvano National Vixen National Assembly Form Bloodstock Riverton Stud
1350k #151 f Fort Wood Gypsy Queen Royal Chalice Varsfontein Stud Rathmor Stud
1250k #316 c Giant’s Causeway Nuance Rainbow Quest Good-Hope Racing Wilgerbosdrift
1200k #599 c Jet Master Bushra Badger Land John Freeman Varsfontein Stud
1100k #578 c Silvano Badger’s Gift Badger Land Mike Bass Racing Riverworld Stud
1000k #546 c Western Winter Akinfeet Fort Wood Form Bloodstock Lammerskraal Stud
1000k #268 c Jet Master Majestic Guest Northern Guest Park Bloodstock Klipdrif Stud (agent)
1000k #234 c Jet Master Larapinta Al Mufti Rainbow Beach Trading Ascot Stud
1000k #221 c Jet Master Lady Caroloty Southern Halo Knut Haug Highdown Stud
1000k #176 c Tiger Ridge Ilha Da Vitoria Candy Stripes Form Bloodstock Wilgerbosdrift
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