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 Post subject: Keeneland digital sale
PostPosted: Wed Dec 23, 2020 10:24 pm 
2yo Maiden

Joined: Sun Jan 02, 2005 9:27 pm
Posts: 80
Location: Virginia
I realize that this post is a bit after the fact but I was surprised by what a bust the December digital sale was.
Wrong time? Wrong place?

PostPosted: Sat Dec 26, 2020 1:21 pm 
Grade I Winner
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Joined: Fri Jan 06, 2006 5:33 pm
Posts: 1667
Or sign of the times?

I don't think Kee does this well in that all of the bids need to go down on one day whereas many online auctions have several days if not weeks to get a bid in, and track them. In the auctions the flow of bids is important but on a digital auction I don't think people sit around all day watching for a bid, but at most wait til the last minute. I think if they accepted bids for several days there might be more action early and send a message that the sale is for real. I'm guessing that in a depressed market many are probably holding out for a higher price that never (and will never) show up.


Run the race - the one that's really worth winning.

PostPosted: Sun Dec 27, 2020 9:03 am 
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Joined: Fri Sep 17, 2004 1:53 pm
Posts: 9934
Location: Louisville, KY
I think this is a difficult format for the kind of horses Keeneland sells. I'm a retired computer systems engineer and no stranger to technology but I have to admit I would not want to buy that kind of horse this way. I need the personal inspection etc.

So Run for the Roses, as fast as you can.....

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