THE lavish Sibaya Casino was the scene of a record-breaking conclusion to the 2019 KZN Yearling Sale, which finished to great acclaim on Friday afternoon.
The two day sale ended with a new aggregate achieved for the KZN Yearling Sale, with this week’s sale concluding with a gross total of R21 505 000 –a new record for the ever popular KZN held auction.
The 2019 KZN Yearling Sale also ended with marked improvements in both the average and median prices from last year, with this year’s average price rising (by 15%) from R80 045 to R89 979, and the median increasing from R50 000 to R60 000 this year.
Pleasingly, the clearance rate for this year’s auction stood firm at over 80%, with the sale attracting a large and enthusiastic crowd during both days of trading.
Friday’s session saw a new sales topper crowned, with the Silvano colt Assured (Lot 242) fetching R650 000 to top the Sale.
Consigned by Danika Stud, on behalf of the Missing U Syndicate, Assured was knocked down to Suzette Viljoen to top this year’s sale.
The well bred colt, who shares his sire with four July winners as well as July favourite Hawwaam, is out of the stakes placed Trippi mare San Trip, herself a daughter of G2 Gold Circle Oaks third Santiago (by Fort Wood).
Varsfontein Stud’s ever popular sire Gimmethegreenlight was the Leading Sire by Aggregate for this year’s KZN Yearling Sale, with Gimmethegreenlight’s nine lots on offer all selling for a total of R1 760 000.
Nadeson Park Stud topped the Leading Vendors List, with that farm consigning 17 yearlings to gross R2 460 000, while the Hollywood Syndicate was the Leading Buyer at the KZN Sale this year, purchasing 10 yearlings for a total of R1 365 000.
Bloodstock South Africa’s Gary Grant was delighted with the outcome of the sale, saying, “We at Bloodstock South Africa are very grateful to vendors for bringing such a high-quality product to this year’s sale. We are also extremely thankful to the numerous buyers who participated at this year’s sale with such high spirit and wish them well with their purchases. It was an outstanding achievement, given the ongoing economic uncertainties, for records to fall at this sale, and we hope to achieve similar results at August’s National Two Year Old Sale.
“In general the market has lacked depth in the buying ranks and active buyers were discerning in what they bought. It was encouraging to see the spread of buyers and to see new faces on the buyers list, as ever we are indebted to the support of our longstanding loyal buyers.
“I think horses like African Warrior (who cost R 100 000 last year and has earned nearly R1 million) are a great advert for the sale and demonstrate that new owners can get involved and have success without breaking the bank.
A full list of prices and statistics can be viewed online at www.bsa.co.za