Day three of the Keeneland January horses of all ages sales got interesting when Florida pinhooker Jimmy Gladwell outlasted Bill and Brian Graves (among others) and paid $390,000 for a Maria's Mon colt out of La Cucina (Ire).
Gladwell and Graves are a couple of the best evaluators in the business, so this was a battle of the sharpies, and they pushed the colt's price close to the brink of pinhook profitability.
The price was an example of how the commercial market is still quite strong for attractive yearlings.
Another thing that jumped out to me was that La Cucina, in foal to $75,000 stud Empire Maker, sold for just $150,000 on Monday to Anthony Penfold, agent for Litex Stud of England.
La Cucina is 16, but that price already looks like a good deal.
La Cucina has delivered 12 consecutive foals, including Grade 2 winner and sire Sir Cherokee. And she has done some excellent recent work in terms of sales results and racetrack success.
Her foal of 2005, the Silver Charm filly Miss Isella, won the 2008 Falls City Handicap (G2) at Churchill Downs. Her Speightstown filly of 2007 was a $230,000 yearling.
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Open mares are selling ridiculusly cheap.
Olin Gentry, as agent, just bought 16-year-old St. Helens Shadow for $19,000. She is the dam of Grade 1 winner and sire Officer.
As DRF's Frank Mitchell just said to me, "Open mares ... it's astonishing what they won't bring."
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13 comments:
I am a fan of Miss Isella, and was curious to see how her family would sell.
Plus, wasn't Empire Maker standing for $100,000 before this year? Very good deal for La Cucina either way.
Nice to see one bring such a hefty price. I hope the prospect of very cold weather toward the end of the week doesn't cool off what should already be a fairly chilly book three.
This may seem like a silly question, but I was wondering if Keeneland has offered any good lunch specials lately? Every time I have been out there, the food has been quite good. I figure between the cold weather and depressing sale, that may be the only positive thing!
lol
I did get down on the meat loaf special yesterday. It was tasty as usual.
Pete,
Been following your blogs this wk. as I have a yearling in today (Thurs) hip #1431, that we bred on a foal share.
Wish me luck, I haven't seen him in 3 mos since we sent him to sales prep, so I don't know what to expect.
If you are around barn 40 check him out! (I am home in cold NY state.)
His dam died a wk. after he was born, so he is the last, sadly. His dam's sister RNA'd Monday for $70,000, (Our Majestic Cat).
Hi Anne, I walked to Siberia, I mean Barn 40, to see your horse. (anything below 20 degrees is cold, no matter where you're from)
Your horse has good size and he made a favorable impression on me. He has a slight hitch in his front left wheel but he moves through it. Chris Brothers of Hidden Brook thinks he's a good colt, more refined than the typical Touch Gold.
Purse opportunities for NY-breds are great and will only get better in the next couple years. I hope someone sees the potential in your horse. This is a tough sale.
Good luck.
UPDATE: Hip 1431 sold for $5,000 to Sparks View, as agent.
Well Pete, I expected little so am not too disappointed. I just hope he went to a good barn that will do well with him.
I don't recognize Sparks View. They got a deal, as did most others who bought during this sale.
It's -15 in Chicago this morning. Wish I had a vat of Kentucky burgoo to dive into right about now!
Anne-
I asked Jody Sparks about your colt. Jody said a client from New York called him and asked him to look at him.
Jody judged your colt to be a good racing prospect, "with nothing major that should hold him back." He said his client will be patient with the horse, and he thinks he has good earning potential in the NY-bred ranks.
Mean Joe's post makes this a good time for my burgoo public service announcement.
If you visit Keeneland, and spicy beef stew is something you might like, the burgoo is mandatory.
$390,000!?
Dear Pete, My name is Camilo Traverso, from Lima Peru, I notice that tou talk about Jody Sparks, the horse agent. I need to get in touch with miss Sparks to ask she about a mare that she bought in Keeneland's 2008 Breeding Stock Sales, hopely you can help me. Please I would be very nice if you give misses sparks my email, camilotraverso@hotmail.com Thank you very much.
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