Group winning mare Sister Madly topped the first session of the Magic Millions National Broodmare Sale on the Gold Coast today.
Offered by Ian Smith’s Edinburgh Park, Sister Madly attracted an opening bid of $500,000 before selling for a cool $1 million.
In the end it was Bill Mitchell on behalf of Segenhoe Stud who held the bid when David Chester dropped the gavel.
“She’s a beautiful mare and Segenhoe are delighted to have purchased her,” Mitchell said. “She is an outstanding type.”
“The mare still has a future on the racetrack and she will be heading to the stables of John Sadler in Melbourne prior to joining the broodmare band at Segenhoe.”
“She is by a champion sire and is a half sister to a champion sprinter in Silent Witness – she has a lot going for her,” Mitchell added.
Today’s other star offering, the group winning General Nediym mare Military Rose, was purchased by Baramul Stud for $800,000.
Offered by owners Hoss and Gillian Heinrich, Military Rose proved herself one of the star juveniles of the country and shot to prominence by winning last year’s Magic Millions 2YO Classic.
Two runs back the three-year-old filly beat the boys in the Group Three Gold Coast Guineas.
“She will race on until she heads to stud in September,” Baramul Stud’s Gerry Harvey reported.
“Gillian (Heinrich) will keep training her for me and hopefully she can win another feature race or two before she is retired.”
Harvey said purchasing Military Rose made sense.
“I own Magic Millions and I haven’t owned a Magic Millions (Classic) winner, so I thought I would change that!”
“She’s a top class mare and she will visit Redoute’s Choice in her first season at stud later in the year,” Harvey summed up.
All up today almost $7.4 million was traded on 171 fillies and mares at a healthy average price of $43,259.
A healthy buying bench of clients from around Australia and overseas was on hand to bid on their picks of a quality catalogue.
Magic Millions Managing Director Vin Cox said today’s session realised positive results after a tough National Weanling Sale.
“Most vendors met the market and the clearance rate of over 77 per cent was encouraging,” Cox said.
“There was spirited bidding on many lots and the buyers were delighted with their purchases with great value on offer.”
“It was nice to see the market accept the star mares Sister Madly and Military Rose with strong prices – mares of their quality are rarely offered at auction.”
“We have some great prospects to go through the ring during tomorrow’s second session from 10am,” Cox summed up.
SESSION STATISTICS
(2010 in brackets)
Lots Catalogued: 272 (236)
Session Gross: $7,397,350 ($9,604,000)
Average Price: $43,259 ($52,196)
Top Price: $1,000,000 ($1,025,000)
Lots Withdrawn: 49 (21)
Lots Passed: 51 (31)
Lots Sold: (184)
Sold %: 77 (85)
SESSION ONE TOP SELLERS
$1,000,000 – Sister Madly
Vendor: Edinburgh Park / Buyer: Segenhoe Stud (NSW)
$800,000 – Military Rose
Heinrich Bloodstock / Baramul Stud (NSW)
$300,000 – Rendzina
Evergreen Stud Farm (As Agent) / Baramul Stud (NSW)
$260,000 – Mohegan Sky
Newgate Farm (As Agent) / EBA (Vic)
$260,000 – Quaffle
Rothwell Park (As Agent) / Patinack Farm (NSW)
