TWO YEAR OLD SALE ENDORSES MARKET CONFIDENCE IN BSA
17 August 2018

TWO YEAR OLD SALE ENDORSES MARKET CONFIDENCE IN BSA


The 2018 Emperors Palace National Two Year Old Sale ended on a positive note on Friday evening, with a high clearance rate and median increase among the notable results.


The two day auction, long renown as one of South Africa's best value for money sales, had an aggregate of R29.33 million- up nearly 12% on the 2017 Two Year Old Sale aggregate of R26.255 million. The average rose impressively, given a tough economic climate, from R80 785 to R90 246 (an increase of 12%), while the median reached R50 000 - a 25% up on last year's median of R40 000.


Perhaps, however, the most encouraging aspect of the National Two Year Old Sale was the consistent clearance rate. The top lot sold on Friday, the second and final day of the sale, was Monarchy (Lot 401), a regally bred Dynasty colt, consigned by Jan Mantel's Millstream Farm and purchased by Form Bloodstock. A half-brother to five winners including stakes winners Lochlorien and Gothic, Monarchy was knocked down for R500 000, making him the fourth top lot sold, and top colt sold, overall, at the 2018 National Two Year Old Sale


However, it was the unnamed Pathfork filly (Lot 37) out of Scented Samantha who topped the sale in total, with the Highlands Stud part of Ridgemont filly knocked down to trainer Brett Crawford for R1.2 million. The sales topping filly is a half-sister to seven winners, notably the graded stakes winners Franny, Dark Justice and top international sprinter Sweet Sanette, with the latter running third in the 2011 G1 King's Stand Stakes.


Bloodstock South Africa's Gary Grant was delighted by the sale's overall results, saying, "We are heartened and grateful-yet again-by the loyal suppor that both vendors and buyers have shown, with both having played a major role in creating yet another successful BSA sale. I am particularly pleased with the clearance rate and the 25% increase in the median. This sale is another ringing endorsement that the market has given Bloodstock South Africa."


The full list of results and statistics for the 2018 National Two Year Old Sale can be viewed at www.bsa.co.za