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Trying for a quick buck.
Posted: Sun Dec 26, 2010 9:02 am
by Hold Your Peace
It's A Bird who sold for $1,000 as a stallion prospect at Keeneland last month is now being advertised on EquineNow for sale for $50,000.
Good luck with that move.
http://www.equinenow.com/horse-ad-371064
Posted: Sun Dec 26, 2010 10:11 am
by LB
I had the same thought.
Posted: Sun Dec 26, 2010 10:46 am
by zinn21
Ya think they would take $1250??
Posted: Sun Dec 26, 2010 11:12 am
by AscotStud
He was posted for 10K a day after the sale and according to the site has changed hands again.
http://www.mohnshillfarm.com/horses_for ... =Stallions
Still thing he would have made a small breeder a nice stud at Keeneland price
Posted: Sun Dec 26, 2010 11:36 am
by Hold Your Peace
I was asked to help Mr. Gann's estate place some horses early this year, and I did get another SW stud prospect with an unfashionable pedigree given away to a good home for them, but at the time I told them the thing to do with It's A Bird was to let me give him away to somebody who would at least be a good home for him even though these people wouldn't have likely made him commercial or mainstream and then just in case he ever hit they could retain some breeding rights.
But they thought holding him until the November sale that he might bring six figures. Unfortunately, giving him away back when I suggested that, would have been far more profitable for them when you consider his board from then until November, auction expenses, etc; Plus it looks like he's going to change hands through several broker dealer types and who the heck knows what kind of place he's going to wind up. And that is not what the estate wanted as they did care where the horses ended up. A shame.
I mean the only people dumb enough to pay 50k for this 1k horse are too dumb to have 50k.
For what it's worth he IS a terrific looking horse. I'll cross my fingers that he winds up with someone decent.
Posted: Sun Dec 26, 2010 11:19 pm
by Slew83
How much will they really take for him or get... realistically???
Posted: Sun Dec 26, 2010 11:22 pm
by Slew83
How much will they really take for him or get... realistically???
Posted: Tue Dec 28, 2010 8:56 pm
by da hossman
Most knowledgeable people enter a stallion prospect in the November Sale as a means of using the catalog to advertise his availability - their intent is to sell the horse privately before the sale. They know the private sale will always bring more than the auction ring because:
1)Any experienced stud farm/stallion owner wanting a stallion to stand commercially does not want the prospective season buyer to know what the stallion owner paid for the stallion, because then the prospective season buyer always feels the season price is too high (and it may be).
2)For the above reason experienced prospective stallion owners are willing to pay more privately and typically will not bid on a stallion prospect in an auction.
Some owners of stallion prospects do not understand this and therefore are po'ed when their horse brings half or less than what they turned down privately. Other bigtime players (Darley, WinStar) don't care about price, just want to move the horse on.
Estates find public auctions the best venue as almost every hose will be sold and there is never a legal question of whether a horse was sold too cheaply if it sells at auction. The auction is the ultimate establishment of fair market value for legal purposes.
Posted: Thu Jan 13, 2011 10:54 pm
by skywatcher
I see his sale listing shows he was sold and the price had been jacked up to $100k

Posted: Fri Jan 14, 2011 7:28 am
by Bohemia
He will stand the 2011 season at Judy Barrett's Godstone Farm in Littlestown, Pa. Here is her web site:
www.godstonefarm.com
I noticed this link doesn't work, but if you type it directly into your address bar, it will come up.
Posted: Mon Jan 17, 2011 10:03 am
by Retrospectiv
Bohemia wrote:He will stand the 2011 season at Judy Barrett's Godstone Farm in Littlestown, Pa. Here is her web site:
www.godstonefarm.com.
I noticed this link doesn't work, but if you type it directly into your address bar, it will come up.
Just remove the period after .com and it works fine
See they're standing Baronial as well.