Timonium sale on par with '01 as 185 dealt

But 1st-day median price for yearlings shows rise

Horse Racing

October 01, 2002|By Tom Keyser | Tom Keyser,SUN STAFF

The three-day Midlantic Eastern fall yearling sale at Timonium began yesterday, with 185 thoroughbreds changing hands at an average price of $15,484.

Sales figures were similar to those for the first day of last year's auction, except that the median price was up and the number of yearlings not sold was down. That prompted a positive assessment from T. Mason Grasty, executive vice president of Fasig-Tipton Midlantic, Inc., the Elkton-based company.

"All in all, this was a better sale than last year, except we didn't have the heavy hitters at the top," Grasty said.

The number of horses that didn't sell because they failed to attract their minimum bid fell from 68 last year to 52 this year. At the same time, the median price rose from $7,500 last year to $10,000 this year.

All told, 185 yearlings sold yesterday, compared to 183 on the first day last year. They brought $2,864,500 this year, compared to $2,920,100 last year - for the average of $15,484 this year and $15,957 last year.

A Kentucky-bred son of Two Punch and the Star de Naskra mare Five Star Night brought the day's highest bid. Mike McMahon, a bloodstock agent from Kentucky, bought the unnamed colt for $105,000.

The next two highest-priced yearlings also went to out-of-state buyers. A Kentucky-bred son of Pulpit and the Cure the Blues mare I Love the Blues sold for $85,000 to Cary Frommer, who lives in Georgia.

Lass Dance, a New York-bred daughter of Dance Brightly and the Eastern Echo mare Eastside Lass, attracted a $66,000 bid from Gabriel Dixon of Florida.

The auction will continue at 10 a.m. today and will conclude with a session tomorrow, also starting at 10. The catalog lists 260 yearlings for sale each day.

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