“It's exciting to have an online platform that allows for trade on a monthly basis and the response from both sellers and buyers has been very encouraging,” said seller Jason Litt.

Wanamaker's fourth-ever auction offered 32 horses with seven selling during the auction and one selling post-sale. The sale averaged just over $8,900.

“We are thrilled with how our online auctions are progressing,” said co-founder Jack Carlino. “The feedback from both buyers and sellers has been very positive and although the clearance rate is lower than the industry is used to, we think it is important to note that this new outlet for sellers involves significantly less risk than traditional auctions.”

The post California Chrome Juvenile, Charles Chrome, Brings $55,000 In Wanamaker’s October Sale appeared first on Horse Racing News | Paulick Report.

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