Barretts Sales at Del Mar conducted its first January mixed sale at its new location at the San Diego-area racetrack on Thursday, and while a leaner catalogue produced a steep decline in revenue, both average and median prices were comparable to the 2015 auction.
On the day, Barretts reported the sale of 143 horses (45 broodmares, 42 yearlings, 48 2-year-olds and eight horses of racing age) for $1,188,000, an average price of $8,308 and median of $5,000. Those figures are down 42.3 percent in the number sold, 43.6 percent in gross receipts and 2.1 percent in average, while the median is equal to 2015, when 248 sold for $2,104,800, an average of $8,487 and median of $5,000. Buybacks were reduced in 2016, with 17.3 percent (30 of 173 through the ring) listed as not sold, compared with a 23.7 percent RNA rate in 2015, when the auction was held at the Los Angeles County fair grounds in Pomona.
A Florida-bred 2-year-old filly by the Ocala Stud Farm stallion High Cotton sold for $55,000 to top the sale. She was purchased by Kristina and Jerome Russell, the winter mixed sale's leading buyers, with six lots bought for $134,000. Out of the 17-year-old Crafty Prospector mare Think Fast, the filly is a half sister to Assiniaboia Oaks winner Ciaran's Prize (by Yes It's True). She was consigned by H & E Ranch.
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