A colt by recently relocated Iowa sire Anchor Down drew the highest bid on Thursday at the Iowa Thoroughbred Breeders and Owners Association Fall Sale, propelling all-time high returns for the auction.
A total of 55 horses changed hands on Thursday for revenues of $810,900, more than double last year's gross of $402,350. The gross surpassed the previous high-water mark of $475,000 in 2017.
The average sale price of $14,743 was also a record performance, besting last year's previous high mark of $11,176. The median price finished at $8,000.
Albaugh Family Stables and Allen Poindexter partnered up to purchase the sale-topper, a colt by Anchor Down, for $60,000.
The Iowa-bred chestnut colt is out of the winning Bwana Charlie mare Damaris, whose first foal to race is a winner. His extended family includes Grade 2 winners Aspen Rose and Kyle's Our Man, as well as Grade 3 winner Low Tolerance.
Iowa State University consigned the sale-topper as agent for Poindexter. Anchor Down relocated to Iowa State for the 2022 breeding season after beginning his stud career in Kentucky at Gainesway.
The university program was also the sale's leading consignor by gross, with 26 horses bringing a combined $521,200.
The partnership of Chleborad, Prairie Gold Diggers, and Poindexter was the top buyer, with five purchases totaling $138,000. Leading their haul was Hip 59, an Anchor Down filly out of the Consolidator mare Solid Scam, who hammered for $37,000.
To view the auction's full results, click here.
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