The 2019 renewal of the Iowa Thoroughbred Breeders and Owners Association Fall Sale was among the strongest in its history, posting an all-time high average sale price propelled by the highest-priced offering in the auction's history.
A total of 38 yearlings changed hands on Thursday at the Iowa State Fairgrounds in Des Moines, Iowa, for revenues of $469,800. It was the second-highest return in the sale's history, and marked a 67 percent increase from last year's sale when 30 horses brought $281,200.
The average sale price finished at an all-time high of $12,363, growing 32 percent from $9,373 last year. The figure surpassed the previous record of $10,705 set in 2012. The buyback rate finished at 27 precent.
Tom Allen purchased the sale-topper, a Liaison filly, for a sale-record $60,000. The dark bay or brown filly is out of the unplaced Malabar Gold mare Gizzy, whose six foals to race are all winners, including stakes winner Honolulu and stakes-placed Kauai and Glitzy Lady. The latter is a full-sister to the sale-topper.
The filly's extended family includes Grade 1 winner Grand Slam and Grade 1-placed Watching You. She was consigned by Eagle Wings Farm, as agent for Poindexter Thoroughbreds.
NBS Stable a three-person group consisting of partners from Kansas, Illinois, and North Dakota, finished the auction as the leading buyer, with five purchases totaling $150,000.
Iowa State University was the leading consignor, with 14 horses sold for a combined $152,900. Leading the draft was Ain't Gonna Stroll, a Stroll gelding out of the stakes-winning Yankee Victor mare Swede who sold to NBS Stable for $35,000.
To view the auction's full results, click here.
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