What’s a Better Price

Would you rather pay $1,500 or $110,000 for a yearling? The question seems simple, but is actually quite difficult.

In fact right now I am certain the answer is I would rather pay $110,000. Why? Let’s remember that it will cost $40,000 to develop either horse so the real price comparison is $41,500 vs $151,000.

This was day 8 of the Keeneland sale.

Hip #2741 is a Summer Front colt out of a Dynaformer mare. It sold for $1,500

Then 21 hips later #2762 another Summer Front colt out of a Tiznow mare sold for $110,000.

Let’s compare pedigrees.

Dynaformer is a much better turf sire than Tiznow. The Dynaformer mare produced 7 winners from 11 foals, which is above average. Two foals won over $150,000. The second dam was a graded stakes winner, and the 3rd dam ran third in the Alcibiades. The True Nicks rating is A+.

The Tiznow mare was a better runner, winning over $100,000, but her one foal has made only $30,000. The second dam was unplaced, and the third dam was not much. The True Nicks rating is A++.

You can look at the walking videos at the Keeneland website. The Tiznow foal might look a little bigger, but he is nearly 3 months older. They are both consigned by the same seller.

I would prefer the Dynaformer pedigree, but most folks might call them about even. Very few would consider the Tiznow pedigee three times better.

Would you rather own the Summer Front colt that everyone on the planet passed on for $2,000, or the Summer Front colt that at least two people thought was worth $100,000?

I can guess that the Dynaformer foal had some vet issues, but who knows. We will be watching.