Wrap Up of Magic Millions 2017 Gold Coast 2YO's In Training Sale
Written on the 13 October 2017
The Magic Millions 2017 Gold Coast 2YO's In Training Sale ended well on day two with both local and international buyers looking at the remaining lots. The international buyers were strong in the market on day one. That trend continued on the second day with local buyers, as they claimed their fair share of top class 2YO's.
The top joint sale was Lot 245 Smart Missile x Snowy World which sold for $280,000. Also fetching $280,000 was Lot 232 a Love Conquers All colt.
Vin Cox, managing director of Magic Millions said the sale didn't end as well as they hoped but it was a reasonably solid sale, just coming short of last year's gross sales.
Here's the statistics for the sale with last year's figures in brackets:
Lots catalogued: 295 (346)
Lots sold: 170 (212)
Lots passed in: 73 (80)
Lots withdrawn: 53 (54)
Top price: $320,000 ($450,000)
Average price: $59,332 ($48,910)
Median price: $40,000 ($35,000)
Sales gross: $10,086,500 ($10,369,000)
Sold %: 70.3 (73)
The leading sales per region included:
Hong Kong with 24 lots at $2.6m
Queensland 35 lots at $1.6m
Singapore 19 lots at $1.25m
Thailand with 8 lots at $1.8m