Originally Posted by
triplev123
G'day Rids,
We've got 5 to go under the hammer next year, 2 being aimed at the Premium on Friday night in Sydney, 3 more for the body of the Sydney catalogue on Sunday.
As a concept we support the Premium Sale and will continue to do so for as long as they care to conduct it... though this time around I think it should have been moved, lock stock and barrel to Sydney. I don't agree with splitting it in two. I think it is a retrograde step...but of course I am very happy to be proven wrong.
In terms of concentrating the heavy hitters, in theory that's a fair assumption but in practice for the most part that's not what actually happens. The figures from the most recent round of sales here in Oz are testimony to that.
In fact I sent the following piece to another forum when this very subject came up and in particular, where there was discussion over the perceived success or otherwise of last year's Premium Sale and the Sales in general.
It’s a lack of buyers for sure and that on top of the fact that the APG can only selectfor their Premium Sale based on nominations that they receive.
There were many yearlings that sold through the main body of the catalogue in both Melbourne and Sydney that, had they been proposed for inclusion, I am sure would have walked into the Premium section no sweat...but for whatever reason their Breeders chose not to nominate them.
As I recall there were in excess of 2 dozen yearlings in the main catalogue in Melbourne and around 2 dozen yearlings in Sydney (some 45-50 or so yearlings in total) that went for tickets at or inexcess of, and a good number of those were well in excess of, $20,000.
I’m all for the concept of a Premium Sale but I think there is some tweaking to be done to get it squared away again and so attract the nominations of ...if not the entirety... then at least the vast majority of the best yearlings on offer.
In keeping with the above, we had a very nice colt to sell earlier this year but our circumstances at the time would not allow us the opportunity to get away and go to Melbourne with him. We put him up in the main body of the catalogue in Sydney and we got $31,000. That was a good price, we were thrilled of course. Had he been in the Premium in Melbourne along with the associated extra expenses involved in getting him & ourselves down there etc. I don't think he would have sold for much more/any more than that...so we made the right decision.
Further to that, as I mentioned above, there were 40-50 other yearlings just like ours that were not nominated for the Premium section but that sold for prices of $20,000 or more. Some of their owners would have had ideological objections & made specific decisions not to nominate for the Premium section, some of them maybe didn't realise just how good their yearling was and were presently surprised and some of them were like us and couldn't spare the time away given their other committments. I think there's a lot more Breeders who find themselves in the latter group than many in the APG organisation currently realise. In the end, well bred/commerically bred, well made, well related, well presented yearlings with a swag of Stakes/Futurity eligibilities to back them up will always sell for good money.
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