Perfect Soul Colt Tops Canadian-Bred Sale; Prices Drop Over Uncertain Market

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A bay colt by the champion grass horse in Canada, Perfect Soul (IRE), black type millionaire and leading sire in Canada, topped the Selected Session, selling for $170,000 at the annual Canadian-Bred Yearling Sale held at the Woodbine Sales Pavilion in Toronto, Ontario, Canada, on Tuesday. The colt out of the Seeking the Gold mare, Tapatina, was purchased by Cudney Stables & partner and consigned by Richard G. Hogan, agent.

The second highest price of the sale was a bay colt from the first crop of Marchfield, twice champion in Canada, purchased by Robert P. Tiller, Agent for Rolph A. Davis for $100,000. The colt is out of the Giant’s Causeway mare Good Religion and was consigned by Cara Bloodstock (Bernard McCormack), agent.

“Horses that were well-bred, well-conformed and well presented were well accepted,” said Ryan Mahan, chief auctioneer of Ryan R. Mahan & Associates, Inc. “The uncertainty of the market in Canada was also reflected but as with all commercial ventures, the cream does rise to the top.  There were certainly some athletes that walked through the ring that I expect to see again at the racetrack winning races.”

The Selected Sale resulted in 137 yearlings selling for $3,003,000, down 23.82% from last year’s total of $3,942,000. The average price was $21,920, down 13.81% from last year at $25,432. Yearlings not sold totaled 75, an increase of 45% over last year.

The Open Session of the 2013 Canadian-Bred Yearling Sale starts Saturday, Sept. 7, at 5 p.m, with a total of 132 catalogued. The yearlings may be previewed on Friday, the day before, starting at 9 a.m. The Open Sale can be viewed live via a webcast on the CTHS website www.cthsont.com.

To view the results of the 2013 Canadian-Bred Yearling Sale, please visit www.cthsont.com/yearsale.php. For further information, please visit www.cthsont.com or contact the CTHS at 416 675-3602.

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