2011 July Sale Day 3 Press Release
The Tattersalls July Sale concluded with turnover, average and median all posting increases compared with the 2010 renewal of the sale. The clearance rate at each of the last four sessions ranged between 89% and 94% resulting in a final clearance of 86% when including the breeding stock offered on the opening day. The third and final day saw a total of 152 lots sold for 1,893,900 guineas at an average of 12,460 guineas and a median of 6,750 guineas. The three-day sale saw a total of 457 lots sold for 5,910,800 guineas at an average of 12,934 guineas and a median of 7,000 guineas. The turnover rose 1% when compared with the 2010 sale where the sale of BUSINESS AS USUAL for 460,000 guineas helped boost figures. The average rose 7% and the median rose 17%.
The top lot on the final day was the three-year-old colt CASUAL GLIMPSE who was knocked down to Mohammed Alattiyah for 83,000 guineas. The Qatari-based owner will send the son of COMPTON PLACE who finished fourth in the Group 3 Craven Stakes at Newmaket in April and second in a Conditions race yesterday, to leading QATARI trainer Jassin Ghazali.
"We hope he will be a good runner!" joked Alattiyah. "We have the Qatar Derby at the end of December in mind for him. We watched him run and finish second at Newmarket yesterday and liked what we saw."
Earlier in the evening the Glebe House Stables offering SNOWFLAKE DANCER carried significant catalogue updates following two Listed placings and the son of DYLAN THOMAS had no shortage of admirers. The two-year-old colt was knocked down to Newmarket trainer Willie Musson for 70,000 guineas after he saw off the Italian agent Paolo Benedetti.
"He is a good-looking sort and has some good form. Looking at his pedigree we will step him up in trip and he could turn into a decent sort," said Musson.
At the conclusion of the 2011 Tattersalls July Sale, Tattersalls Chairman Edmond Mahony commented;
“Trade this week has exceeded all expectations with increases across the board and a genuinely upbeat atmosphere throughout the July Sale. Buyers from all over the world have made their usual huge contribution and equally encouraging has been the domestic demand, both Flat and National Hunt. The increase in turnover despite a significantly smaller catalogue is a very pleasing result and a clearance rate nudging 90% is a remarkable statistic demonstrating the intensity of the demand at all levels of the market which is the feature of so many sales at Tattersalls. The 175,000 guineas sale topper TOP SPIN was typical of the competition between buyers, with National Hunt connections fighting off determined overseas interest.
“The 2011 July Sale may have lacked obvious stars but it has graphically illustrated why Tattersalls is the European market leader. The vendors have confidence that they will always find a market of depth and diversity at Tattersalls and the buyers, both domestic and overseas, know that they will find quality and value for money. There remain plenty of challenges for all of us in the racing and breeding industries, not least in Britain, but the past three days show that our bloodstock continues to be held in the highest regard and we can begin to look forward to the October Yearling Sales with a degree of cautious optimism.”