The market proved strong and buoyant throughout the two days of trading at the 2016 National Two Year Old Sale, which was concluded at the TBA sales complex in Germiston on Friday evening.
The aggregate, average, and median prices all enjoyed notable increases and the sale concluded with a record average for a South African two-year-old sale.
From R22,872,000 in 2015, the aggregate for the sale increased this year to R23,920,000 – despite the fact that 80 fewer lots were catalogued.
However it was the growth in average and median prices which proved particularly encouraging, with the average rising 35% from R89,344 to R120,808 this year, and the median rising by 30% from R50,000 to R65,000.
The sale topper was a son of Silvano, consigned by Klipdrif Stud on behalf of Willem Engelbrecht jun, Lot 218, who is out of winning Jallad mare Boston Tea Party. He was knocked down to Form Bloodstock for R2,100,000. Named William Junior, the handsome bay is a half-brother to four winners, including Grade 2 Betting World 1900 hero Solid Speed (by Dynasty) and Grade 3 Jubilee Handicap runner up Rainy Day Blues (by Western Winter).
Boston Tea Party is a full-sister to Grade 1 Premiers Champion Stakes winner Talahatchie.
Klipdrif enjoyed a magnificent sale because not only did they consign the sale topper, they also consigned, as agent, the sale’s top-priced filly.
Lantana Lady was knocked down to Varsfontein Stud for R800,000. Her popularity came as no surprise. A daughter of former champion sire Captain Al, Lantana Lady (Lot 45) is a full-sister to Listed Java Handicap hero Fulcrum and a three-part sister to Captain Al-sired Equus Champion Captain’s Lover.
Form Bloodstock ended the sales as the leading buyer – with the Cape-based organisation purchasing eight lots for R3,955,000.
Not surprisingly, Klipdrif Stud (as agent) ended the 2016 National Two Year Old Sale as leading vendors –with the Robertson-based farm enjoying a truly magnificent sale. Klipdrif (as agent) also sold a total of 15 two-year-olds for a gross total of R4,995,000.
Former champion sire Silvano, South Africa’s second leading sire by stakes in 2015-2016, was the sales’ top sire. The son of Lomitas had seven lots which grossed R2,975,000 for an average of R425,000, and he topped the sires’ standings ahead of Captain Al, Ideal World, Sail From Seattle and Judpot.
Michael Holmes, who ran the sale in partnership with the Equine Group, was upbeat about the sales’ positive outcome. “It was a well-supported sale, and the turnover increase markedly from last year,” he said. “The positive spin from the sale was that all sections of the market held up well – and for that, we must thank both the vendors, who presented a quality horse for sale, and our many loyal buyers. The Two Year OId Sale attracted interest from both local and international buyers, which included Robert Chung from Hong Kong, as well as our loyal Dubai, Kenyan, Mauritian and Zimbabwean patrons. This adds further positive proof of the appeal of the South African thoroughbred. Sale graduates qualify for the two R 1-million races to be run in August next year at Scottsville.” – TBA