Goffs UK Spring Sale Ends On A High

Four days of National Hunt trade came to an end in Doncaster on Thursday with an encouraging 93% clearance rate for the the two-day Goffs UK Spring HIT/P2P Sale, following a record-breaking Spring Store Sale conducted earlier in the week.

The final session was led by the Grade 2-placed steeplechaser Hold The Note (Lot 632), who was sold from Mick Channon's West Ilsley stable to Brian Jordan for £130,000.

When the sale was last held in this slot in 2019, the Grech & Parkin Dispersal led to a world record price of £620,000 for a National Hunt horse in training.  Set against that, this year's trade was more modest, but nevertheless included a new record for both average and median.

“It has been a remarkable four days of sales in the Doncaster ring,” said Goffs UK managing director Tim Kent. “The incredible demand that we witnessed for the National Hunt stores has continued with the horses in training and we are delighted by the record figures that we achieved yesterday, whilst the superb two-day clearance rate of 93% is a graphic illustration of the insatiable demand for horses at all levels of the market.”

He added, “We were certainly hopeful of a healthy Spring Sale, especially following the significant issues faced last year and, like many others, we have been blown away by the level of demand for horses and it's another very positive sign for the bloodstock industry following the record-breaking results achieved in the same sales ring just four weeks ago at the Breeze-up Sale. This is something that we can all enjoy and bodes extremely well for all future sales.”

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Strong Demand For Stores at Doncaster

Buyers were out in force during the first day of the Goffs UK Spring Sale at Doncaster, which resulted in record trade across the board at the end of the first of two days of selling NH stores.

A gelded son of Kayf Tara (GB) (lot 101) drew the highest price of £165,000 when knocked down to the duo of Tom Malone and Paul Nicholls. Consigned by Lulham Bloodstock, the bay is a son of Gaye Sophie (GB) (Environment Friend {GB}), already the dam of Grade 2 hurdler Silver Hallmark (GB) (Shirocco {Ger}) and listed hurdler Gayebury (GB) (Overbury {Ire}), who has also placed second at Grade 2 level.

Malone and Nicholls also snapped up the second highest price on Monday, lot 77, a gelded son of Mount Nelson (GB) from Brown Island Stables for £150,000. He is a half to the Grade 2-winning and Grade 1-placed Charbel (Ire) (Iffraaj {GB}). Park Farm's Shantou gelding (lot 78) also caught their eye at £78,000. Their final acquisition on Monday was lot 91, a gelding by Kapgarde (Fr) from RH Bloodstock.

Of the 138 offered, 112 (81%) sold with an aggregate of £3,579,500. The average and median both increased sharply when preliminarily compared with the one-day sale in 2019–£31,960 (+21%) for the average and the median was £28,000 (33%). Final comparisons will be made after Tuesday's session.

Goffs UK Managing Director Tim Kent commented on Monday's buoyant trade, “The Goffs UK Spring Sale has been billed as the first and last word in British NH sales which makes it particularly gratifying to have achieved a top price of £165,000 with a British-bred horse, by the champion British-based NH sire, offered by a relatively new British based vendor and sold to the champion British NH trainer, with another leading British based NH trainer acting as underbidder.

“Today has been a great start to the annual Spring Sale and we have achieved some vibrant results at all levels of the market. We look forward to more of the same tomorrow when we continue with the second session of NH stores before two days of Horses in Training and Pointers on Wednesday and Thursday.”

Due to unprecedented demand this year, the sale continues on Tuesday beginning at 11 a.m. Later this week, the Goffs UK Spring HIT/P2P Sale begins it's two-day run on May 19, also at 11 a.m.

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