2007 OCTOBER YEARLING SALE BOOK 3
DAY 5 PRESS STATEMENT
RECORD TURNOVER AT TATTERSALLS OCTOBER 2 AND 3
The October Yearling Sale Book 3 concluded with 25 lots selling for 128,900 guineas, taking the turnover for Book 3 to 5,697,400 guineas for the 367 lots sold, at an average of 15,524 guineas and a median of 11,000 guineas. Books 2 and 3 combined resulted in 840 lots sold for 29,604,900 guineas, a rise of 7% on the equivalent results in 2006. The average over Books 2/3 was 35,244 guineas and the median 22,000 guineas.
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Catalogued |
Offered |
Sold |
Aggregate |
Average |
Median |
|
2007 |
1,286 |
1142 |
840 |
29,604,900 |
35,244 |
22,000 |
2006 |
1,199 |
1,078 |
861 |
27,700,200 |
32,172 |
23,000 |
* 2006 Figures represent Days 1-5 of the Part 2 Sale |
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Catalogued |
Offered |
Sold |
Aggregate |
Average |
Median |
|
2007 |
653 |
573 |
367 |
5,697,400 |
15,524 |
11,000 |
2006 |
525 |
470 |
398 |
7,392,200 |
18,573 |
14,750 |
* 2006 Figures represent Days 3-5 of the Part 2 Sale |
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|
||||||
Catalogued |
Offered |
Sold |
Aggregate |
Average |
Median |
|
2007 |
78 |
63 |
25 |
128,900 |
5,156 |
3,500 |
2006 |
95 |
85 |
56 |
639,500 |
11,420 |
10,000 |
At the conclusion of Book 3 of the Tattersalls October Yearling Sale, Tattersalls Chairman Edmond Mahony commented;
“Books 2 and 3 of the 2007 Tattersalls October Yearling Sale have produced record turnover, a fraction below 30,000,000 guineas. If one considers that the turnover for this week last year rose a phenomenal 63% and has more than doubled since 2004 it puts the overall strength of this week in perspective.
“Book 2 in particular was massive, driven by a very strong Book 1. There were 55 six-figure lots in Book 2 compared with 38 in 2006 and demand was little short of amazing at times. The last couple of sessions of Book 3 have, however, served as a reminder of the impact of the huge foal crops we are currently handling. We have catalogued nearly 200 more yearlings than last year in Books 1 to 3 and it was not easy towards the end. This is an area of the market which can only improve as and when the numbers diminish and prize money in Britain improves.
“We were a little concerned going into Book 3 that the amount of European money spent in the USA owing to the favourable exchange rate would at some point have an impact and it seemed to be felt towards the end of the Sale. Overall, though, we can look back on Books 1, 2 and 3 of the 2007 October Yearling Sales in a positive frame of mind. Very nearly £100,000,000 has been spent on yearlings here over the last two weeks with new faces from throughout the world and strong British and Irish demand all paying tribute to the enduring reputation of the Tattersalls October Yearling Sales.”