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Two lots sell for seven figures during Tuesday's second session
Two lots sold for seven figures during Tuesday's second session of the Keeneland November Breeding Stock Sale, with the most expensive of those being Park Avenue (Quality Road) who sold from Lane's End as agent to Summer Wind Equine for $1.45 million.
Park Avenue is a stakes winning four-year-old daughter of Remarkable (Indian Charlie), who is herself a half-sister to the stakes winning colt Original (Quality Road).
"I've been outbid on several I've wanted, but I was pretty determined not to get outbid on her," say Jane Lyon of Summer Wind Equine.
"I'm looking for good-quality mares, preferably if they've raced and been successful. I came here saying I was going to buy mares in foal; so far, I've bought two who aren't. We're going to debate (on whether Park Avenue will be bred to Flightline)."
Lane's End was the session's leading consignor with sales of $5,717,000 for 23 horses.
"When two people want them, anything can happen," Lane's End Director of Sales Allaire Ryan said.
"In this group, (Park Avenue) was a standout for us. That was beyond our expectations and a super sale all the way around. She was a beautiful filly who obviously had plenty of talent and ability on the track. Her looks just surpassed that.
"She took your breath away when you saw her. She's a classy filly. She was popular at the barn, and people kept coming back to look at her multiple times. We knew we had the right players on her. It's nice to see everyone get rewarded."
$1.45 million in the ring for Park Avenue, consigned by @LanesEndFarms, bought by @MoreSummerWind! pic.twitter.com/eCRxaKypm5
— Keeneland Sales (@keenelandsales) November 8, 2022
Pin Oak strike for Sweet Sami D
Later on in the session, Pin Oak Stud went to $1 million to secure Grade 3 placed six-year-old mare Sweet Sami D who was sold in foal to Run Runner (Candy Ride).
The Bernhards' Pin Oak was the sessions leading buyer, spending $2.36 million on four lots.
"She's a gorgeous mare in foal to Gun Runner," the Bernhards' adviser, Matt Weinmann, said.
"She was probably my favorite physical of the day. Really high-quality mare in foal to one of the best stallions on the planet. We're extremely excited to have her. That was probably our last bid that we put in, so luckily we got her."
Another Pin Oak purchase was Querelle (Violence), a six-year-old winning, Grade 3-placed mare who sold in foal to Constitution, who sold for $700,000.
An even $1 million for Graded-placed Sweet Sami D in foal to Gun Runner! #KeeNov pic.twitter.com/pO6JKgWSZN
— Keeneland Sales (@keenelandsales) November 8, 2022
Figures show healthy gains
During the first two sessions of this year's Keeneland November Breeding Stock Sale, 333 lots have sold for $102,053,000, at an average of $306,465 and a median of $190,000. The gross was 15.31 percent higher than the figure from the same period last year, when the aggregate was $88,500,000 for 344 lots sold. This year's average of $306,465 was 19.12 percent above last year's $257,267, and the median of $190,000 rose 3 percent from last year's $185,000.
On Tuesday, 197 horses sold through the ring for $35,073,000, a 7.38 percent dip from the corresponding session in 2021 when 226 horses grossed $37,866,000. The average of $178,036 was 6 percent higher than last year's $167,549, and the median of $140,000 was 8 percent higher than $130,000.
"Overall, it was a good, solid day of trade," Keeneland President and CEO Shannon Arvin said. "We're very happy with the cumulative gross, average and median being up over last year. There's a really strong buying bench here. We saw more domestic activity today than we did yesterday: Jane Lyon, Determined Stud, Ron Winchell and Jim and Dana Bernhard adding to their bloodstock, among others. We had two horses that sold for $1 million or more and that hasn't happened in Book 2 since 2017, so that's another positive sign."
"The metrics today were very much like last year Day 2, which was a good session," Keeneland Director of Sales Operations Cormac Breathnach said. "Gross is up about 15 percent overall. RNAs are up a bit, but people are probably being a little more selective.
"We feel like we're off on the right foot," Breathnach said. "The energy is good; there are a lot of buyers here and a lot of people talking about the shows in the barn area for tomorrow and beyond. We know we've got a long way to go, but we are very pleased with the beginning."
