The court-ordered online dispersal auction of Gaylen Dean Rust's New Mexico-based R Legacy Racing took place Feb. 25, highlighted by the $35,000 purchase of Grade 3-winning stallion Finale by Oakton Farm Stallions of Morriston, Fla.
In total, the no-reserve auction moved 67 horses for revenues of $334,750 and an average sale price of $4.996. The sale drew 266 registered bidders who placed a combined 1,628 individual bids.
Proceeds from the auction will be used to settle debts tied to the Rust family's Rust Rare Coin precious metal trading company, which was determined to be a Ponzi scheme by the U.S. Commodity Futures Trading Commission and the Utah Division of Securities, defrauding investors out of more than $200 million.
Finale, a 10-year-old son of Scat Daddy, previously resided at Hunter Creek Farms in Roswell, N.M., where he stood the 2018 breeding season for an advertised fee of $3,000. His first foals are 4-year-olds of 2019.
Out of the winning Lively One mare Twinkle, Finale won four of 19 starts for earnings of $320,353, highlighted by wins in the Grade 3 Summer Stakes and the non-graded Continental Mile Stakes. He is a half-brother to G3 winner Bright One, from the family of G1 winner Alma North.
The auction's most expensive broodmare was Getinthereonetime, a half-sister to champion Shared Belief, who sold to Peter Kirwan of Kentucky's Glenmalure Farm for $25,000.
The 14-year-old Bertrando mare was offered in foal to Honor Code, and she is the dam of one placed runner from two foals of racing age. Her newly-turned yearling filly by Finale sold for $6,500.
A winner in four of 30 starts, Getinthereonetime is out of the winning Storm Cat mare Common Hope, whose runners of note also include G3 winner Little Miss Holly and stakes-placed stakes producer Double Major.
To view the auction's full results, click here.
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