2021 Magic Millions Yearling Sale Day 1 Achieves Record Average

13 Jan 21

All up across the opening day over $35 million was traded on 142 lots sold at the Magic Millions Gold Coast Sale for a record Day 1 average price of over $248,000 and a Median of $170,000.

The clearance rate of 85 per cent bettered last year's opening day figure of 83 per cent.

"It was a really solid day's trade," Magic Millions Managing Director Barry Bowditch said.

"We went in with a bit of trepidation with the internationals not here and a lot of Sydney not able to be here. Under the circumstances it was a huge day. Vendors have met the market - they're here to sell their horses and that's instilled confidence in the buyers to bid." Bowditch added,

"The average price is up on last year's opening day, but it's the clearance rate that is the real highlight at about 85 per cent."

SALE STATISTICS
(2020 Day One in Brackets)

Lots Catalogued: 180 (262)
Lots Sold: 142 (203)
Lots Passed In: 26 (42)
Lots Withdrawn: 12 (17)
Sale Gross: $35,240,000 ($48,565,000)
Top Price: $1,900,000 ($1,100,000)
Average Price: $248,169 ($239,236)
Median Price: $170,000 ($180,000)
Sold %: 85 (83)

The headline act was a bidding war that saw $1.9 Million paid for a Snitzel Colt.

The first foal of stakes winning mare Bonny O'Reilly. The colt, consigned by Widden Stud, was purchased by Coolmore's Tom Magnier.

Magnier, who late last year paid a Southern Hemisphere record to secure glamour mare Sunlight at the National Broodmare Sale, said today's top seller would be heading to Sydney's leading trainer Chris Waller.

"He's a really nice horse," Magnier said.

"I think all the top people were on him and we've got a great group of people to race him with.

"We're going to need a bit of luck - but we're in the right country - the prizemoney is great here in Australia.

"It's great to be at the Gold Coast and there's so many great horses here," Magnier added.

The result was a great success for the team from Widden Stud who purchased Bonny O'Reilly carrying the top seller for $1.2 million at the 2019 National Broodmare Sale.

"We were underbidders on her at $800,000 when she was retired from the track," Antony Thompson said. "So when she came onto the market in foal to Snitzel we just had to have her."

Just minutes earlier Widden Stud offered the I Am Invincible-Bonaria filly on behalf of her breeder Robert Anderson and she sold at $975,000.

Leading Syndicator Dynamic Syndications added two high quality fillies to their stable of stars when they secured Lot 110 an attractive American Pharoah filly from the winning Street Cry mare Blue Money for $100,000. Offered by Coolmore Stud as agent for leading business community identity Lindsay Maxstead, the filly is represented excellent buying on the day.

Then late in the session Dynamic Syndications were successful again when their bid of $170,000 achieved them ownership of Lot 168, a magnificent filly by Lonhro from Classic Vogue (NZ). The filly offered by Twin Hills Stud hails from the extremely successful black type pedigree the Tait family who own Twin Hills have nurtured over generations.

She is closely related to ATC Oaks winner Wild Iris who produced Oaks runner-up Zanbagh. This filly is a direct descendant of leading females Fiancee (3rd Dam) and Attentive (4th Dam).