A colt from the final crop of the late Unusual Heat sent the perennial top California sire out on a high note Tuesday, leading the Barretts Select Yearling Sale at $250,000.
The transaction highlighted a sale that saw significant gains in gross, average, and median, but a significantly higher buyback rate.
Tuesday's sale at Del Mar finished with 42 yearlings sold for revenues of $2,632,000, up 21 percent from last year's returns of $2,177,000 from 53 sold. The average sale price rose 53 percent to $62,667 from $41,075, and the median grew 56 percent to $50,000 from $32,000.
While monetary figures were extremely positive, there was still a disconnect between buyers and sellers, illustrated by nearly half of the horses offered failing to meet their reserves. This year's sale finished with a 48 percent buyback rate, compared with 34 percent in 2017.
Jay Em Ess Stable secured the sale-topper at the Barretts Select Yearling Sale for a second straight year, going to $250,000 for Hip 11, an Unusual Heat colt.
The dark bay or brown colt is out of the winning Capote mare Cinema Paradisa, who is the dam of five winners, including stakes-placed Moving Desert and Sambamzajammin. The California-bred is from the family of stakes winners Johnny Whip, Bonnie and Gay, Lady Offshore, and La Noticia.
Harris Farms, the operation that stood Unusual Heat at stud, consigned the sale-topper. Unusual Heat was euthanized in May 2017 due to complications from laminitis.
In 2017, Samantha Siegel's Jay Em Ess Stable bought a $300,000 Bodemeister filly to top the sale.
Trainer Simon Callaghan, acting as agent, bought Tuesday's second-most expensive horse, Hip 54, a Square Eddie colt for $230,000.
The dark bay or brown colt is out of the stakes-winning Jump Start mare North Freeway. He is a half-brother to Grade 1-placed stakes winner Take the One O One. The California-bred's page also features Grade 3 winners Shawnee Country and Notagoldbrick, as well as Grade 1-placed Realm. Fairview consigned the colt.
To view the full results from Tuesday's sale, click here.
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