Day 9 Magic Millions National Sale – Average skyrockets 370%

The Magic Millions National Sale concluded on Friday with 182 lots in the Racehorse Sale.

Trade was up again with a $4.16 million gross aided by the Patinack Farm dispersal.  The average sky-rocketed 370% to $22,984 and the clearance rate improved 2 points to 99%.

The Patinack dispersal was smaller than anticipated, with 13 lots withdrawn on Friday morning.  That followed the withdrawal of another 22 lots earlier in the week.

Nevertheless, Patinack dominated the leader-board topped by Another Prayer (Encosta De Lago) who was purchased by trainer John Thompson for $140,000.  She is an unraced 2yo daughter of Champion Australian Filly Heavenly Glow (Spinning World).

The second highest priced lot of the day – Recoinage (Flying Spur) – is set to join a new Sydney stable after being sold for $115,000.

Two Darley gallopers finished in the Top 10 – Tunes (Viscount) sold to David O’Callaghan Bloodstock for $90,000 while Tableaux (Lonhro) sold for $85,000 to a Queensland-based client.

“We had a great crowd on hand from all over the country, as well as from overseas and competition was strong throughout the day,” Magic Millions Managing Director Vin Cox said.  “It  wrapped up a successful National Sale with increases across the board at all sections of the sale.

“A number of vendors reported outstanding results over the past fortnight and vendors and buyers should be congratulated for their efforts.”