Even in our wildest dreams, when the catalogue arrived on our desk, did we believe we would be able to buy this filly at a price we could afford.
Lot 22 MORE THAN READY x AQUA D'AMORE Brown Filly foaled 22 September 2013.
However as we have highlighted previously, buying in the first hour can often be very rewarding as the market is establishing its selling pattern.
We were able to secure the filly for a winning bid of
$100,000 + GST
After another brilliant Saturday where
MORE THAN READY sired two new 2yo Stakes Winners: Always Allison (ATC Sweet Embrace) and Haybah (SAJC Cinderella), the Champion stallion keeps rolling out high class winners.
AQUA D'AMORE (by Danehill) a race mare of the highest quality, GAI purchased AQUA D'AMORE as a yearling and Australia's First Lady of Racing made her into a star.
GAI was able to polish this mare to win 9 races - 1 at 2 - 1200m to 2400m, $1,936,850 inc MRC Futurity S., Gr1, AJC Villiers S., Gr2., Summer Cup Gr3., MRC Eclipse Gr3., 2d AJC Queen Elizabeth S., Gr1, MRC Caulfield Cup Gr1, Northwood Plume S., LR, 3d VRC Turnbull S., Gr1, LKS Mackinnon S., Gr1, MRC CF Orr S., Gr1, VRC Matriarch S., Gr2, City Tatts RC Chelmsford S., Gr2, MRC St George S., Gr2, BTC Classic Gr3, 4th VRC Australian Cup, Gr1, MVRC WS Cox P., Gr1, AJC Doncaster H., Gr1, BTC Rough Habit P., LR.
AQUA D'AMORE is a 3/4 sister to PETROLOGY - Gr2 winner MRC Sandown Guineas, MVRC TCLS., LR, 2d MRC Sky High Mount Dandenong S., LR.
Gai has also trained Hydro, the full brother to our filly - a Winner at 2 at 1400m who raced against the very best and was recently sold to Singapore for a significant sum.
AQUA D'AMORE progeny have sold for an average of $322,000.
2010 Fusaichi Pegasus $290,000
2011 Encosta De Lago $200,000
2012 More Than Ready $680,000
2013 Encosta De Lago $300,000
2014 More Than Ready $140,000
This filly was offered by leading thoroughbred nursery
NEWGATE FARM, at Scone.
The filly was presented in magnificent condition.
I believe the vendor has suffered by bringing a BOBS eligible filly to Victoria, where the market is looking for VOBIS horses rather than BOBS because the locals want to buy horses eligible to earn bonuses in their home state, rather than interstate in NSW.
Dynamic had valued this filly against other MORE THAN READY progeny we had already purchased along with the value of the mare's progeny, her yearling's sale price of 2014 and the sale average in Melbourne.
We determined a ceiling price of $140,000 so to buy her for $100,000 + GST was a major discount.
This filly will always have a wonderful residual value when she retires as she will always be a daughter of a Group 1 Winner !
This filly is a classic example of due diligence and hard work can produce outstanding results and we have achieved this buying this filly that we can pass onto our owners.
She will head to GAI WATERHOUSE's stables to be broken-in as soon as possible.