Tattersalls and Goffs September Sales see 8% increase

By
Updated: October 5, 2017
Goffs Sales photo

September saw the Irish yearling sales at Tattersalls and Goffs produce an increase of 8% on the previous year.

The September Yearling Sale at Tattersalls Ireland in Co. Meath kicked off proceedings on September 19th and 20th  and a buzzing sales complex produced the highest turnover in the sale’s history at €11,451,000; an increase of 12%. The average and median were the highest recorded and adding to a landmark renewal were high-profile purchases made by first-time buyers Godolphin, Rabbah Bloodstock and Hong Kong Jockey Club.

Part II of the sale, which took place on September 21st, rounded off an ultra-successful week for the Co. Meath auction house with an all-time high aggregate, average and median. The top lot of €60,000 was also the highest paid in the sale’s young history.

The following week was also an historic one at Goffs in Co. Kildare, where two seven-figure yearlings wrote their own piece of history for the company’s Orby Sale. The first, a daughter of Galileo (IRE) from Ballylinch Stud, sold for €1.2million to Godolphin, acquiring progeny of Coolmore Stud’s champion stallion for the first time since 2004. The second, a beautifully-bred colt from Marlhill House Stud, sold to US buyer Zayat Stables of American Pharoah fame for €1.6million, and will now become their first horse trained in Ireland by multiple-time Irish Champion trainer Aidan O’Brien.

An exciting two days yielded a sales total of €40.7million, with an average price of €109,122 and median of €65,000. It was followed by improved figures at the Sportsman’s Sale, which reverted to its successful one-day format, and saw the turnover increase by 5% to €4,834,500, while both the average and median grew by 7%.

The strong demand for Irish horses is clear in year-on-year figures, which show encouraging growth of 10% across all Irish thoroughbred sales. CEO of Irish Thoroughbred Marketing, Charles O’Neill, commented: “It was great to see so many local and international buyers at both sales, contributing to very strong clearance rates. The number of first-time buyers is once again a testament to the demand for Irish bred and consigned horses, and hopefully these horses will prove to be champions in the seasons ahead.”

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>