Inglis Classic 2019

Attractive appearance/ nice type.  Must be an issue for a reserve of $20k

Glencoe wrote: Attractive appearance/ nice type.  Must be an issue for a reserve of $20k

Looks like a nice 3yo type - hence I was asking whether there’s something wrong with her from another angle, or if the sire/3yo types are not in fashion.

For only 10k I’d say great value

You have to be careful.

Shrunk in the Wash wrote: robbo wrote: Catalogues are available for next year's Classic sale at https://inglis.com.au/sales/info/2019+Classic+Yearling+Sale There appeared to be a seismic shift in the nature of this sale in 2018, which coincided with it being the first sale in the new Riverside complex. Average for Book 1 was $93K, up from $71K the prior year. As a result they have extended to 1,000 lots by adding a "Highway Session" on 14th February. It's an important sale for me as it is the first time I've offered a yearling at a Major Sale - a bit of a bucket list moment. I am very much hoping the Highway Session holds up and is like the old Summer Sale where trainers bought more on type than page. It's going to be a nervous few months. https://inglis.com.au/sales/info/2019+Classic+Yearling+Sale/catalogue/870 13k for Robbos horse

Yep - and a result that, on balance was pretty good.

Yesterday was a very stressful day. I went to the races on Wednesday expecting to see a vibrant sales complex full of provincial and country trainers inspecting horses, but nothing could have been further from the truth. You could have fired a gun through the Riverside complex. At this point vendors became very worries, especially after the softness towards the latter stages of the main sale. Some withdrew their lots on Wednesday evening and many more spoke about it.

Come sale time at 10:00 yesterday morning, there were more horses than buyers and the buyers that were there were sitting on their hands, causing horses to pass in and then seeking to negotiate with what they were hoping was a desperate vendor. Those buyers that were there were looking for trade horses for Asia and/or ready to run types, and a big, gangly Roman Emperor wasn't going to fit the bill. Lovely colt but needs time and the buyers there didn't have it.

I revisited the reserve to what was reasonable and then in the sale used the trick rem286 referred to above by putting him "on the market" below the reserve to get a few more bids. It partially worked and at the 13K he is more or less a break-even result.

What is particularly pleasing, however, is that Michael Hickmott bought him and he will be trained either by Michael or his brother Robert. Michael said that he will geld him and then turn him out for twelve months, which was music to my ears. So he goes to a good home that understands how to train horses to get a trip and gives the mare every chance. To my mind, that's worth more than a couple of extra bids in the sale-ring.

It was an interesting experience - great to be on the other side. Not great for the blood pressure, though.

Roobo, I think you may have been a victim of the greedy auctioneers
Whilst i may not be a major player the mere size of the sale did my head in.
They got greedy. Way too many lots and many probably would have been better kept for the likes of Scone

The lenient credit was a massive issue and something I hadn’t appreciated until
this week. Lots of debt from last years sale remains unpaid and commercially precluded many potential buyers from investing this year.

Does he have a splint on his off-fore?

I was at the sale when your bloke went through robbo and I really felt for you.  My mate had a similar result with his filly.

I heard Inglis were extremely tight offering terms this year, so that caused the rather poor sale. Doesn’t help the vendors one bit. At $13k you’re better off racing yourself or leasing. In fact, with prizemoney the way it is now, leasing is the way forward if you can’t get a return at the sales.