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Elusive Quality Colt Sets OBS June Sale Record at $350,000

hip no. 653

Hip. No. 653, a colt by Elusive Quality consigned by Niall Brennan Stables, agent, was purchased by Hill ‘n’ Dale Bloodstock, agent, for a June Sale record $350,000 on Wednesday.

The colt topped the second and final session of the Ocala Breeders’ Sales Company’s 2012 June Sale of Two-Year-Olds and Horses of Racing Age. The dark bay or brown colt, who breezed a quarter on Sunday in :21 1/5, is out of Gypsy Hollow, by Dixieland Band, and is a half-brother to stakes winners Gipson Desert and Dixie Emperor. The previous June record sale price was $310,000 paid for a colt by Double Honor in 2004.

Also eclipsing the previous mark was hip No. 408, a filly by Spring At Last consigned by Eisaman Equine, agent, and sold to Justin Casse, agent, for $320,000. The chestnut filly, whose quarter in :20 4/5 on Saturday was the sale’s fastest at the distance, is out of graded stakes placed Zahwah, by Rahy, a half-sister to graded stakes winner Krisada.

Hip No. 599, a colt by Pulpit consigned by Sequel Bloodstock (Becky Thomas), agent, was sold to Susan Chu for $260,000. The chestnut colt, whose eighth in :10 flat equaled the sale’s fastest at the distance, is out of Exogenetic, by Unbridled’s Song, and is a half-brother to stakes winner Elusive Horizon.

For the session, 181 two-year-olds grossed $5,273,800 compared with 168 bringing a total of $3,479,200 at 2011’s second session. The average was $29,137 up 40.7% compared with $20,710 last year, and the median was $15,000, up 53.8% compared to $9,750 a year ago. The buyback percentage was 30.7%; it was 26.3% in 2011.

Fourteen older horses brought a total of $112,900, averaging $8,064 with a median price of $7,000. Last year, five sold for a total of $19,400, averaging $3,880 with a $4,000 median price.

For the entire sale, 395 two-year-olds sold for June Sale record total of $10,249,100, compared with 344 horses grossing $7,141,700 last year. The previous record gross of $7,720,700 was set in 2008. The average price was a sale record $25,947, up 25% from $20,761a year ago, and the median price of $15,000 was up 57.9% from $9,500 a year ago. The previous record average was $23,550 in 2004. The buyback percentage was 25.3%; it was 26.8% last year. Fifteen horses sold for $100,000 or more compared with 11 last year.

Next on the OBS schedule is the Selected Sale of Yearlings on Tuesday, Aug. 21, followed by the Open Sale of Yearlings on Wednesday and Thursday, Aug. 22and 23.

–OBS Publicity contributed to this report.

Hip No. 653/Louise Reinagel photo