sires and yearling sale

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wgc517
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sires and yearling sale

Postby wgc517 » Fri May 24, 2013 6:18 am

Can use some thoughts.

I am considering putting my colt in the Keenland yearling sale. (I know it's late). He is a very good looking horse with a strong pedigree and is by Ecclesiastics (in Pa). My concern is that the sire might hurt him since he is not from KY and has not had much success yet. I am not looking to hit a home run but do not want to let someone steal him. If he is correct with a strong pedigree and looks the part (sprinter) would you take a chance on him in the sale? I know it will take me about 7 or 8 k to get him there with all costs.

Need responses asap. tx

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madelyn
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Postby madelyn » Fri May 24, 2013 10:13 am

I would not - I would consider Timonium - too late for Saratoga which might have worked out. The Keeneland September yearling sale - unless you have a 5 figure stud fee and an astounding mare you will be just one of the second week horses that might get some interest but your chances of coming out ahead are less than 50/50 in my opinion. But it really depends on your expectation - and what, for you, is your breakeven number.
So Run for the Roses, as fast as you can.....

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dublino
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Postby dublino » Fri May 24, 2013 10:47 am

If your not in a hurry to sell him and say he is a sprinter and has a good pedigree why not wait until he is a 2yr old and put him in the Fasig Tipton Midlantic 2yr old sale?
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wgc517
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Postby wgc517 » Fri May 24, 2013 1:59 pm

Dub,

Since this is my first crop I have to try to put something back into the coffers ($ wise) otherwise I would keep and race him. I really like him. He is 1/2 to a grade 2 placed horse. I will put a reserve on him though.

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Postby Fireslam » Fri May 24, 2013 5:01 pm

I hope you are prepared to spend that $8000 on him and take him home, because its likely you will. As has been said, he will have a much better chance in a regional market. He's had 1 yearling sell for $17,000 at FT OCT, and several that have sold for well less. His first crop is 4 now with little success. He had one sell last year for $9,000 at Timonium. In 2011, his yearlings sold for $3200, $3000, $4000, $17,000, $4700, with RNAS of $6500, 0, 1000, 500, 11,000, 1000, and 14000. When selling a horse, you need to target your buyer; who will be buying him? If you insist on selling in KY, you'd be much better off in a smaller sale like Fasig Tipton Oct.

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Postby Tappiano » Fri May 24, 2013 6:09 pm

FTK October is not small anymore.... 1300+ yearlings last year, it's now where those who think they'll be overlooked in September go. I sent mine last year and he along with some of my friends yearlings just plain got lost in the shuffle. I did not set out to sell him, I was approached to do it because he's a great physical with clean xrays and a clean scope and there was a chance to get him into a good racing home and get back all of the money I'd spent so it was worth rolling the dice.

My .02, if you need to sell get a few different agents to take a look, give you an idea what the horse is worth and try to sell privately. I don't regret having my colt consigned but I would not do that again, if I want to sell I'll do it privately.

If you have a great physical with a good page you should have no trouble selling privately.

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Postby Fireslam » Fri May 24, 2013 6:36 pm

I didnt say it was small, I said it was smaller than the 3600 cataloged at Keeneland September. I know a lot of people who go to both sales, and most everyone ends up buying more from FT, since its much easier looking at all the horses.

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dublino
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Postby dublino » Sat May 25, 2013 1:32 am

wgc517 wrote:Dub,

Since this is my first crop I have to try to put something back into the coffers ($ wise) otherwise I would keep and race him. I really like him. He is 1/2 to a grade 2 placed horse. I will put a reserve on him though.


Maybe try the connections of the Grade 2 placed horse see if they are interested in buying off of you?
The trainer, owners or agents who bought the G2 placed horse? Just a thought?
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wgc517
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Postby wgc517 » Sat May 25, 2013 4:59 am

thank you for the thoughts and suggestions, all very valid points and worth considering. I will probably enter in the sales but try to sell privately before hand.

appreciate all the comments.

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Sysonby
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Postby Sysonby » Sat May 25, 2013 6:05 am

wgc517 wrote:thank you for the thoughts and suggestions, all very valid points and worth considering. I will probably enter in the sales but try to sell privately before hand.

appreciate all the comments.


IME, it is not that easy or typical to sell privately to a racing home until you are at the track and generally after the horse has run. Racetrackers aren't on Dreamhorse,

I'm not a big fan of the two year old sales myself because they are such an expensive crapshoot. But that is a way to get a decent sale on a horse without a fancy pedigree.

Personally my thought is if you still have the horse as a two year old and are in that deep and you bred the horse, just run him yourself instead of selling him at an April, May or June sale. It's just about the same monthly- you might get a win and a purse and unless the horse is hapless or completely unsound, someone will want a race ready runner at the right price.