Bling On The Music topped the opening session of the Fasig-Tipton Kentucky Winter Mixed Sale Monday with a final bid of $260,000 to International Equities Holding. Baccari Bloodstock consigned the daughter of Too Much Bling, a graded stakes-placed broodmare prospect from the family of Flippable.
Economic indicators for the first session were down slightly, with 181 horses selling for a total of $4,134,200 and an average price of $22,841. Gross sales were down 12 percent, and average was down 20 percent. Median price of $10,000 rose slightly, by 3 percent.
The RNA rate for the first session was 26 percent.
“I don't think there were any significant surprises, positive or negative, today,” said Fasig-Tipton President Boyd Browning. “The catalogue certainly looks like there's a few better horses tomorrow. February is February the composition of the catalogue can change from year to year.”
Browning did not believe slumps in the Dow Jones or S&P 500 markets (which each went down between 4 and 5 percent) would have an effect on auction results.
“I hope we don't have another 5 percent drop tomorrow, but overall I don't think the market has any direct impact on a sale like this or the marketplace this quickly,” he said.
Included in the catalogue supplement, which will finish the sale Tuesday, are stakes winning and pedigreed broodmare prospects; dams of current stakes winners in foal to Animal Kingdom and Will Take Charge; young mares in foal to American Pharoah and Dialed In; and short yearlings.
The second and final session of the sale begins at 10 a.m. Tuesday.
To view the sale catalog, click here
To view the sales results, click here
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