Justin Phillip Colt Tops Louisiana Sale
Description:
A colt from the first crop of grade I winner Justin Phillip topped the Equine Sales Company’s open yearling and mixed sale Oct. 16 in Opelousas, La. A total of 114 head sold from 181 offered for $305,000 in gross receipts
The average was $2,675 with a median of $1,550. The gross and average fell from last year’s auction when 127 of 190 sold for $414,700, with an average of $3,265 and median of $1,400.
Consigned by Select Sales, agent, and purchased for $22,000 by Scott Gelner, the sale-topper is a Louisiana-bred yearling out of the stakes-placed A. P Jet mare Jet’s Tradition. She is the dam of two starters, including $227,806-earner Jet Majesty.
“After setting a record yearling price of $145,000 in our select yearling sale in September and also posting big increases in gross sales, average and median, it’s not surprising that the numbers for this auction were down a little,” said Foster Bridewell, sales director for Equine Sales Company. “We had a mare in foal to Uncle Mo last year that brought $55,000 and another mare go for $48,000, so that kind of skewed the average for that auction. When you discount those, we were pretty much on par with that sale.”
The Equine Sales Company’s next sale is the 2-year-olds in training sale May 9, 2017.
For hip-by-hip results, go to equinesalesofla.com.