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Book 4 of the Keeneland September Yearling Sale got off to a good start Tuesday with increases in gross, average and median from last year.
Hip 2625, an Astrology colt bred by Mandy Pope's Whisper Hill Farm and consigned by Mr. and Mrs. T. Wayne Sweezey's Timber Town, caused mid-day fireworks when sold to Stonestreet Stables and George Bolton for a session-topping $425,000. Pope and the Sweezeys were also responsible for the second highest-priced yearling of the session hip 2519, a Medgalia d'Oro colt out of MGSW & MGISP Indian Vale who brought $260,000 from Repole Stable and J.J. Crupi.
A total of 292 yearlings sold for $14,192,700 during the opening session of Book 4, while last year's equivalent saw 289 yearlings sell for $13,467,500. The average of $48,605 marked a 4.3% increase from last year's average of $46,600 and the median held steady at $35,000. The buy-back rate decreased from 30.6% to 27.23% this term.
Cumulative numbers were also up with 1,796 yearlings sold for $259,763,200 over eight sessions compared to 2014 when 1,302 yearlings sold for $259,419,000 over nine sessions. The average is up 4.65% going from $138,209 last year to $144,634 and median increased 18.75% going from $80,000 to $95,000.
The second and final session of Book 4 gets underway tomorrow at 10 a.m. The sale continues to run through Saturday.
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