Record Average At Magic Millions

Lot 891 | Magic Millions

A record-breaking fifth session of the Magic Millions Yearling Sale on the Gold Coast saw a colt by I Am Invincible (Aus) from the Mane Lodge consignment (lot 891) lead the way at A$260,000, when sold to Ontrack Thoroughbreds and Toby Edmonds.

The fifth foal of multiple winner Yields Of Gold (Aus) (High Yield {Aus}), the colt is a half-brother to three winners, including juvenile scorer Goldclip (Aus) (Snippetson {Aus}).

“The colt is a three quarter brother to I Am Snippety (Aus) who unfortunately broke down when going to win a Group 2,” said Grant Morgan of Ontrack Thoroughbreds. “This is the first time the mare (Yields of Gold) has been to I Am Invincible and he is a stallion who is now commanding better prices. I Am Invincible is a very dominant stallion who upgrades his mares. We've had good experience with the stallion with Brazen Beau (Aus) and this colt's pedigree is not dissimilar to his at the same stage.”

Morgan confirmed that the colt will be trained by I Am Invincible's former conditioner Toby Edmonds.

A tighter catalogue for the session meant that 39 fewer horses were sold than on the corresponding day last year, and turnover fell from A$12,333,500 to A$10,201,800, but the average price of A$63,761 was a new record for the session. The clearance rate held steady at 80%, with 160 of the 199 yearlings offered being marked as sold.

Magic Millions Managing Director Vin Cox said he was pleased to see the depth and diversity of the week's trade continuing in Book 2.

“There was a healthy gain in average while the turnover was down on the back of less numbers,” he noted. “The first five days of the Gold Coast Yearling Sale have been a tremendous success for vendors, buyers and Magic Millions alike. Everyone played their part in what was a glorious carnival for Magic Millions and the Australian bloodstock industry.”

I Am Invincible was also responsible for another of the three yearlings to reach the A$200,000 mark on Sunday and the most expensive filly of the day, when the daughter of listed winner Rich Megadale (Aus) (Armidale {Aus}) was sold for exactly that price to JHB Syndications and Michael Freedman Racing from the Dartbrook Downs Thoroughbreds draft. The August-foaled filly (lot 842) is a half-sister to four-time winner Rock 'n' Rich (Aus) (Rock Of Gibraltar {Ire}).

The sum of A$200,000 was also given for lot 947, a colt by Newgate Stud's young shuttler The Factor. The third foal of the unraced Fastnet Rock (Aus) mare Emerald Knight (Aus) was offered by Oakwood Farm.

Book 3 of the Gold Coast Yearling Sale continues on Tuesday at 10 a.m. local time.

 

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