Sell or Wait...

[EasternGale]

We currently own a 4YO filly, Stone Hope, by Grindstone out of Fairest, by Known Fact. She hasn't really been the same filly as in her 3YO year this year as she was laid off a long time due to some issues, but she's competitive at the allowance level. Right now, we aren't going to sell, but wondering if it is worth it in the near future and how much she's worth. For you pedigree experts, you would know that she is a half to Brilliant, who is a MGSW of the G2 Jefferson Cup and G3 Kent Breeders Cup. Any advice on when to sell as a broodmare, and how much her broodmare value would be? Thanks.

[CA Michael]

I've been watching your filly for some time now in my Stable Mail.

The best time to sell is always when the family is hot. It's too late for November sales, but the January Keeneland or February Fasig Tipton sales would be excellent vehicles for you. If sold as a racing and broodmare prospect (be sure you understand the warranties that apply), I think you're looking at $75-110k. JMO.

[EasternGale]

Now I guess it wouldn't be bad to sell then if Brilliant can make an impact in the later races this year such as if Howard were to run him and he were to place or win in a race such as the Hirsch Turf Classic or the BC Mile or Turf...I suppose any solid effort by him in one of those races would substantially improve her value.

[CA Michael]

Yes, a current stakes winner is always a boon for a sales horse. Wait a year, the brother may have gone sour and taken your price with him. I've learned after 30 years of buying and selling that it's always best to take a profit, run and don't look back.

[ageecee]

[quote="CA Michael"]Yes, a current stakes winner is always a boon for a sales horse. Wait a year, the brother may have gone sour and taken your price with him. I've learned after 30 years of buying and selling that it's always best to take a profit, run and don't look back.[/quote]



So true take the money and run..