The Goffs Land Rover Sale drew to a close with the last of three sessions on Thursday, which comprised Part 2 of the sale. A 3-year-old unbroken filly by Presenting (GB) (lot 469) topped trade when hammered down to agent Bobby O'Ryan for €57,000. Second-top billing went to lot 588, a 3-year-old gelding by Kayf Tara (GB), who was bought by Johnny Hurley for €48,000. Part 2 saw a dip in figures overall, with the average down 11% at €13,707 and the median down 15% at €11,500.
The sale's cumulative figures nearly mirrored last year's. A total of 449 horses changed hands over the three days for €11,795,600, up 1% on last year. The average was down 2% to €26,271, and the median was unchanged at €20,000.
Goffs Chief Executive Henry Beeby said, “The Land Rover Sale has been one of the real success stories for Goffs in recent years as it has really come of age and become a first-choice sale for so many leading NH breeders. That recent success and the phenomenal racetrack performances of the sale's graduates led to an unprecedented demand for places in 2016, resulting in a three-day sale for the first time. Our top price of €165,000, the third-highest in the sale's history, was an obvious highlight and it was pleasing that the number of six-figure transactions and €50,000 and above lots grew again.”
He added, “However it would be wrong not to acknowledge that the market is becoming more selective as foal crops and catalogue sizes grow again, as evidenced by the slight drop in average, although that was nearly inevitable with bigger numbers whilst a clearance rate of 84% over the three days is very acceptable, and it is pleasing that the median held steady.”
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