Across eight action packed days of selling, the 2021 Magic Millions Gold Coast National Sale has become the highest grossing breeding stock sale in Southern Hemisphere history.
From the first of the weanlings selling on May 20, through to the final racehorse on Thursday, the overall sale gross has reached A$191,286,000 – smashing the previous record of almost A$148 million in 2019 by 30 per cent.
Across all days of the sale some 1296 lots were sold at an average price of A$147,597 and a sale clearance rate of 83 per cent.
Champion Arcadia Queen (Pierro) was the top seller at the auction at A$3.2 million – one of 26 individual lots to sell for A$1 million or more. A further 57 lots sold for between A$500,000 and $950,000.
“It is a momentous job pulling together a sale of this size,” Magic Millions Managing Director Barry Bowditch said. ”
:There’s so many cogs to the wheel to make it such a success. The National Sale is widely regarded as one of the great international auctions and with the results achieved over the past two weeks it confirms its place as a world leader.”
The bloodstock focus now switches west where the Magic Millions Swan Valley complex will play host to the Perth Winter Racehorse, Yearling and Thoroughbred Sale on Sunday, June 27.
The catalogues for the auction will be online in the coming days.