'Kingston' Colt Tops Goffs Final Day

Lot 1613 | Goffs

The five-day Goffs November Foal Sale ended on Sunday with a son (lot 1613) of first-crop stallion Kingston Hill (GB) commanding top price of €26,000 from the Ridge Manor Stud draft. The ticket was marked Euross. Out of Shakeeba (Ire) (Sendawar {Ire}), the black colt hails from the family of G1 Irish Derby third Shalapour (Ire) (Darshaan {GB}).

Jossestown Stud consigned the second highest price on Sunday, which was also a first-crop son of a Castlehyde Stud stallion in Ivawood (Ire), with lot 1596 bringing €23,000 on the bid of Rockview Stables. The team from Castlehyde, active on the grounds on Sunday, were the underbidders on the bay son of eight-time winner Perfect Blossom (GB) (One Cool Cat).

From 123 catalogued during the reworked Sunday session, 54 sold from 86 offered, grossing €303,500. The clearance rate was 63%, while the average was €5,620 (-24%) and the median reached €3,450 (-32%). Regarding the entire five-day stand, 731 sold from 952 offered for a clearance rate of 77% and an aggregate of €27,145,000. The average was €37,134 (+29%) and the median rose 33% to €20,000.

“Statistically, the Part 1 Foals advanced in every area with a mighty 81% clearance, more than double the number breaking the €250,000 barrier and significantly more making over €100,000, whilst the average leapt by 22%,” said Goffs Chief Executive Henry Beeby. “For the third time in four years the sale was topped by a millionaire foal, but the constant of the week has been the sustained demand at all levels as end users and pinhookers battled each other for lot after lot each day.”

“Trade has, of course, been at a lower level over the last two days of the Part 2 Foals, but the number of buyers inspecting foals from Friday vindicated the decision to change the format and gave these foals greater exposure to potential purchasers,” he said. “The improved clearance rate over the two days, up 11 points to 66%, is a plus and we will continue to work hard to provide the best possible market for this category. Overall the five day Foal Sale has made strong gains over 12 months ago returning an impressive 77% clearance with the average and median leaping by 29% and 33%, respectively.”

Taking the Goffs November Foal Sale and Goffs Breeding Stock Sale combined, 1080 head brought €42,084,400 from 1397 offered. The clearance rate was also up to 77% from 73% in 2016. The average rose to €38,967 (+4.5%) and the median of €18,000 represented a 20% improvement.

“The week has proved a great success with so many pleased clients,” Beeby concluded. “Even without a dispersal of the stature of the Wildenstein Stables Ltd. Dispersal, every statistic has advanced which is so very gratifying and vindicated vendors' decision to use the Goffs service. As ever we are grateful to every purchaser and indebted to our vendors who have trusted us with some of the very best mares, fillies and foals on the market, and have been duly rewarded with a strong and vibrant trade to match any.”

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