Stephen Got Even Yearling colt
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Laurierace
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Stephen Got Even Yearling colt
My Stephen Got Even yearling is named Quite A Vengeance. I have never sold a horse in my life but it looks like that may have to change. I would like some advice on how to proceed. He is a nice looking colt but hairy as heck and butt high right now so not exactly what you would consider photogenic. The first foal out of the mare was a morning glory, the second foal is working well for her debut that was supposed to be today until her papers got turned down by the tattoo guy so there is not much to speak of under progeny so far. The mare does have a nice damline though and I expect the filly to run well once she stretches out to a route.
So if I wait until October and put him in the yearling sale I would have many more thousand in him. Not sure that he can make up the extra money I would have to pay to get him to that point. His yearling colts are averaging 40k so far this year but that is obviously not a guarantee.
Should I just put a super low price on him and advertise him online? If so, where and how much? Thanks for any advice you can lend me.
So if I wait until October and put him in the yearling sale I would have many more thousand in him. Not sure that he can make up the extra money I would have to pay to get him to that point. His yearling colts are averaging 40k so far this year but that is obviously not a guarantee.
Should I just put a super low price on him and advertise him online? If so, where and how much? Thanks for any advice you can lend me.
Last edited by Laurierace on Sun Feb 27, 2011 4:44 pm, edited 1 time in total.
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Laurierace
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Laurierace
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Derby2004
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A lot of it depends on the bottom side of his pedigree. Stephen Got Even is not a commercial stallion at the sales. But if his dam has a good pedigree, then you might see a higher price. Then theres the conformation side of it. Honestly, if you cant afford a few more thousand, I would try to sell him privately. I doubt youll see an increase in value for Stephen Got Even's any time soon. The market is wanting top end race prospects with high end pedigrees from G1 producing families. There is no bottom level any more. So, my recommendation, sell privately of possible
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mightyhijames
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Laurierace
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Derby2004
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take a look again. subtract the one colt he had sell for 165k and what do you have left? Nothing. Plus those yearlings sold off of a 12,500 fee. The median for 2010 was 13,500. So if you can incur the costs of shipping, boarding and feeding a mare for 11 months, then feed and board a yearling for almost 2 years, then kick in sales commissions and prep for the sale, and walk away with 1,000 dollars, we are all successful. So again, he is not commercial. Strictly a breed to race stallion, currently
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Laurierace
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But I have already done the majority of that. It will probably cost another 2k or so on top of what I have already spent to get him to the sale in October. Then 2k or so for the sale. So four more thousand on top of the God know's how many thousands I have spent already. If he bring 10k I am doing cartwheels! If he brings $1000 I am screwed. So forgetting the countless thousands already spent, what are the chances he brings over the $4k it takes to get him from today to the sale? Anyone have a crystal ball?
To sell him in October he would need intensive prepping starting in June/July the very latest. It runs $30+ per day so you are really into $5K plus $2K for the sale, and I do not, personally, think the dam's family is strong enough to carry that kind of load.
So Run for the Roses, as fast as you can.....
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Laurierace
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- springboro
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There is one factor that can't be addressed here in this thread - it's a factor called "the horse in front of you." If this colt is a knockout big bruiser with a great way of going and you just KNOW by the fall sales he will attract attention, then it is quite true that a great individual will most often far outsell a weak pedigree, at which point you would want to start building him in a month or so and throw everything at him. However, I suspect, from your description, that he is not.
So Run for the Roses, as fast as you can.....
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Laurierace
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Thanks everyone. I knew when I bred him that he wasn't commercial but I wasn't concerned with that at the time since I breed to race. Or at least I did, I don't think that is something I will be doing ever again. This is my third generation and most of them could run but it's such a long road with no end in the near future regardless of how I proceed.