2002 End of Year Press Statement
December Sale Concludes Successful Year At Tattersalls
At the conclusion of the 2002 Tattersalls December Sale, Tattersalls Chairman Edmond Mahony commented;
"Only the most incurable optimist would have predicted the year we have had here at Park Paddocks in 2002, and it has been rounded off with record levels of trading for both foals and yearlings as well as good solid demand for the breeding stock.
"The Breeze Up sale back in April set the ball rolling with massive increases across the board, and we have enjoyed records at every sale since. Even under normal circumstances we would have been delighted with the results which have pushed the annual turnover past 130,000,000 guineas for only the second time, but in the context of the global economy the consistent strength of the sales here this year has been little short of extraordinary.
"The key to the year has without doubt been quality, with our vendors presenting us with some vintage catalogues. Truly outstanding Houghton and October catalogues produced a new European record price of 2,100,000 guineas for a yearling filly and the highest priced yearling sold anywhere in the world this year at the Houghton, as well as an October Yearling Sale which scaled unprecedented heights.
"The 1,800,000 guineas GIANT'S CAUSEWAY foal out of URBAN SEA always looked set to top the whole December Sale, but it was the Newgate Stud mares and fillies which were very much the highlight of a typically cosmopolitan second week, providing a fitting tribute to the late Prince Fahd Salman. Last year's mares catalogue was exceptional and we felt that in comparison we were a little short of obvious stars, but the enduring international appeal of the Sale has produced the second highest turnover ever at the December Sale and ended the year very much on a high note."