Siphon two year olds bring alot of money at the two year old in training sales. Why are they bringing so much money?
Keith
Siphon
Moderators: Roguelet, WaveMaster, madelyn
siphon
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..
So Run for the Roses, as fast as you can.....
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FloridaGators
- 2yo Maiden
- Posts: 87
- Joined: Tue May 03, 2005 10:11 am
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
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