Keeneland Thoroughbred Sale Ends on Encouraging Note
A globally diverse group of buyers, robust trade, and the highly prized pedigrees available through the Overbrook Farm dispersal combined to produce promising results at Keeneland's November breeding stock sale, which concluded Nov. 22.
Total receipts for the 13-day auction, held Nov. 10-22, were $159,727,800, down 13.9% from the $185,552,300 grossed during last year's
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A globally diverse group of buyers, robust trade, and the highly prized pedigrees available through the Overbrook Farm dispersal combined to produce promising results at Keeneland's November breeding stock sale, which concluded Nov. 22.
Total receipts for the 13-day auction, held Nov. 10-22, were $159,727,800, down 13.9% from the $185,552,300 grossed during last year's 15-day sale. The average price of $57,477 decreased 6.5% from the $61,462 reported in 2008. The median of $20,000 remained unchanged from last year. A total of 2,779 horses sold versus 3,019 a year ago. Five horses topped the $1 million mark compared to 19 in 2008.
The November sale was further boosted by the near-record dispersal of the Young family's Overbrook Farm. With Eaton Sales serving as agent, Overbrook sold 148 horses for $31,760,000 and an average of $214,595.
When combined with the 48 yearlings Overbrook sold for $6,644,000 in September, the dispersal ranks as the second-largest in Keeneland sales history, selling a total of 196 horses for $38,404,000, for an average of $195,939
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