Trying for a quick buck.

Discussion and analysis of thoroughbred stallions.

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Hold Your Peace
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Trying for a quick buck.

Postby Hold Your Peace » Sun Dec 26, 2010 9:02 am

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

LB
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Postby LB » Sun Dec 26, 2010 10:11 am

I had the same thought.

zinn21
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Postby zinn21 » Sun Dec 26, 2010 10:46 am

Ya think they would take $1250??

AscotStud
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Postby AscotStud » Sun Dec 26, 2010 11:12 am

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
too weird to live...too rare to die
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Hold Your Peace
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Postby Hold Your Peace » Sun Dec 26, 2010 11:36 am

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.

Slew83
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Postby Slew83 » Sun Dec 26, 2010 11:19 pm

How much will they really take for him or get... realistically???

Slew83
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Postby Slew83 » Sun Dec 26, 2010 11:22 pm

How much will they really take for him or get... realistically???

da hossman
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Postby da hossman » Tue Dec 28, 2010 8:56 pm

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.
A difference of opinion is what makes horse racing and missionaries.

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skywatcher
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Postby skywatcher » Thu Jan 13, 2011 10:54 pm

I see his sale listing shows he was sold and the price had been jacked up to $100k

:roll:

Bohemia
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Postby Bohemia » Fri Jan 14, 2011 7:28 am

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.
Last edited by Bohemia on Tue Jan 18, 2011 10:46 am, edited 1 time in total.

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Retrospectiv
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Postby Retrospectiv » Mon Jan 17, 2011 10:03 am

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.
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