A strong second day brought the Saratoga sale to an about as expected conclusion. The median increased to $350,000 (from $300,000 in 2019) and a few big horses pushed the average to $408,000. There were the expected amount of RNA’s and withdrawals. I thought the Into Mischief’s sold poorly. (only 3 of 19 IM’s sold for more than $500,000) 10 of the 14 Justify’s either were RNA’s or withdrawn.
Bolt d’Oro was a big success, and so was Good Magic. Mendelssohn was a flop.
The partnerships came of swinging. MyRaceHorse.com bought 5 at aggressive prices, West Point bought 4 (in combination with partners), and Eclipse bought 2. Centennial surprisingly bought 2 of their expected four horses.
I like one of the West Point’s and was disappointed in the Centennial selections.
I think I did a pretty good job of estimating the values at this sale, but sometimes was too low on “empty mares”.
The unexciting Honor Code did not sell, but the West Coast filly I liked, #180, that I estimated might sell for $120,000 was actually sold for $125,000. I was impressed by my ability to put a good value on that horse.
Buying A Race Horse 