Of the 327 American Graded Stakes winners in 2010, just 22 of them were listed as having sold as yearlings and repurchased at sales of North American 2-year-olds in training.
This head count doesn't include those horses that may have RNAed at yearling sales and resold at auctions of 2-year-olds, or vice versa—bought at yearling auctions and RNAed as 2-year-olds.
Of the 22, three were 2-year-old graduates of Eddie Woods' consignments: Jeranimo, Kantharos, and Haynesfield. Jeranimo was a $50,000 yearling purchase at the OBS August sale resold for $70,000 at Barretts in May; Kantharos wasbought for $80,000 at Keeneland September and resold at OBS March for $250,000; and Haynesfield was bought for $80,000 at Keeneland September and was listed as selling for only $20,000 at the Keeneland April sale of 2-year-olds in training.
Two consignors were responsible for two yearling to 2-year-old pinhooks each: Wavertree sold EZ's Gentleman ($107,000 Keeneland September yearling/$240000 Barretts March 2-year-old) and Ventana($147,000 Fasig-Tipton Kentucky yearling/$410,000 Barretts March); and King's Equine sold Orchestrator ($42,000 Keeneland September yearling/$75,000 OBS February) and Our Khrysty ($6,000 Fasig-Tipton October yearling/$25,000 Fasig-Tipton Midlantic May 2-year-old).
Barretts March was the leading sale of pinhooked 2-year-olds that won AGS races in 2010, with seven sold; followed by the OBS March sale, with five; Fasig-Tipton Florida's Calder sale, three; and OBS April, two. Of those 22 sold, nine were purchased as yearlings at Keeneland September, and three each at Fasig-Tipton Kentucky, Fasig-Tipton Saratoga and OBS August. Two came out of the Fasig-Tipton October sale.
Interestingly, only two of the 22 won stakes as 2-year-olds. There were five 3-year-olds, eight 4-year-olds, five 5-year-olds, and one 6- and one 7-year-old. This is anecdotal, but certainly provides some evidence that horses going through the 2-year-old sale process have staying power well beyond their 2-year-old season.
From a value standpoint, Haynesfield at $20,000 was the lowest-priced pinhook that won a 2010 AGS race, and Munnings, with his $1.7 million pricetag, themost expensive. The median 2-year-old price for the 22 was $217,500. The yearling median for those same 22 horses was $90,000 – Our Khrysty being the lowest price at $6,000 at Court Vision the highest at $180,000.
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