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Siphon
Posted: Fri Jun 03, 2005 1:43 pm
by Keith
Siphon two year olds bring alot of money at the two year old in training sales. Why are they bringing so much money?
Keith
Posted: Fri Jun 03, 2005 2:46 pm
by Sysonby
The sale topper at the Barretts May sale was truly a nice looking nice moving individual. Sometimes that's all it takes.
Posted: Fri Jun 03, 2005 5:07 pm
by brogers
I know someone with a late season to the stallion that they would sell for not much cash given that you would only get one or two goes at it.
Posted: Fri Jun 03, 2005 6:23 pm
by austique
We got a yearling from Siphon in when my brother was training and every one who saw her loved her. She looked every bit the part at that age. She was big and strong. I would imagine thats a lot of the appeal. Unfortunately ours would rather sleep than gallop. She was LAZY!
siphon
Posted: Sat Jun 04, 2005 1:16 am
by madelyn
brogers wrote:I know someone with a late season to the stallion that they would sell for not much cash given that you would only get one or two goes at it.
Do tell..
Posted: Sun Jun 05, 2005 1:40 pm
by FloridaGators
McCann has him listed for $5,500 LF... can your friend do better?
Posted: Sun Jun 05, 2005 4:25 pm
by Pete
Hi Keith,
2yo sales are vastly different than yearling and weanling (mixed) sales.
In 2yo sales you're buying the individual and their performance in the under tack show. Good individuals by less commercial stallions will sell well. It's not uncommon to see averages for ordinary stallions with low yearling prices to be several times the yearling average.
A very good example of this is the former NY stallion, Abaginone (Devil's Bag - Oil Fable by Spectacular Bid). He was sold to Mexico (failed in NY) but sincehis sale has averaged $67,000 for 5 2yos sold in 2004 and at the just concluded 2yuo sale in MD had a foal bought back for $46k.
Conversley, top stallions usually average less for their foals in 2yo sales (and there are generally fewer sold as 2yos by fashionable stallions).
To base a stallion choice on their average in 2yo sales is only prudent and meaningful if you intend to sell in a 2yo sale. If you're going to sell the foal as a yearling or weanling the 2yo sales averages of the stallion can be meaningless, as in the case of Stephen Got Even who was breaking the bank with his 2yos in training (I believe over a $400k average) and who is struggling now.
Regards,
Pete