Prices plummet at Tattersalls
Friday's desperate renewal of Book 4 of Tattersalls October Yearling Sale in
Newmarket turned over only 130,300 guineas, 73 percent down
on last year. The average price of 2,606 guineas dropped by 50 percent, and the
1,450 guineas median fell by 43 percent. Only 45 percent of the lots offered
were listed as sold.
Just one lot made over five figures, Hip No. 2007, a Soviet Star
filly consigned from Westerlands Stud for Stephen and Gilly Pembroke's Belmore
Lane Stud. Trainer Clive Cox bought the filly out of Lalique (Lahib) for
14,000 guineas.
"Book 4 of the October
Yearling Sale followed a very pleasing Autumn Horses in Training Sale, but it
was a different story today," Tattersalls chairman Edmond Mahony commented. "We catalogued upwards of 2,000 yearlings for the
four books of the October Yearling Sale and, while Books 1 to 3 provided results
that were ahead of expectations given the constant stream of poor economic news,
the same cannot be said of Book 4, where uncommercial yearlings struggled to
find a home."
Complete results are available at tattersalls.com
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