Thursday, October 7, 2010

Los Alamitos Sale average up 5% from '09

The 2010 Los Alamitos Equine Sale enjoyed an increase of 29.91% in gross sales and an increase of 25.40% in total gross sales including repurchases according to final sale figures. A total of 466 head went through the auction ring during the two day sale on October 2 and 3 for total gross sales including repurchases of $6,059,800. In comparison, 366 horses (including repurchases) sold for $4,832,300 in 2009. As for total sales, 380 horses sold for $4,731,900 – compared to 306 horses sold for $3,642,200 in 2009.

Numbers for the Los Alamitos Equine Sale were up across the board, as the average price of $12,452 for total horses represented an increase of 5%, while the average price for yearlings sold of $13,211 was up 4.4% from last year’s figures.

“We are pleased with the numbers for this year’s Equine Sale, especially with a 25% increase in total gross sales,” said Dominic “Bud” Alessio, the president of the sale’s managing company, Pacific Coast Quarter Horse Association. “The sale went smoothly, the weather was beautiful, and the sale grounds looked terrific. On behalf of the Los Alamitos Equine Sale, I’d like to thank our wonderful consignors and buyers for a very positive sale. I believe that our consignors and buyers were very pleased with this event.”

“We were happy with the way the second day went,” added Bonnie Vessels. “We’re not taking a single horse back home with us and I can’t remember the last time we did that. We sold every single horse. We’re happy with that.”

The high seller at the Los Alamitos Equine Sale was Aquaholic (Hip #139), a colt sired by Splash Bac out of AQHA champion broodmare Runaway Wave. Consigned by Lucas Racing Inc., Aquaholic was purchased by Salvador Berron of Mexico City, Mexico for $150,000. The colt was one of two $100,000 purchases on the day. The second high seller was the First Down Dash colt Travesty (Hip #235), who was purchased for $112,000 by MPC International Trading of Monterrey, Mexico. Lazy Creek Ranch consigned Travesty, who is out of a full sister to 2007 World Champion Blues Girl Too.

The high seller on day two was the First Down Dash colt Down At The Lake (Hip #417) purchased for $106,000 by Dennie and Kris Hill of Idaho. “We loved Down At The Lake’s looks and confirmation,” said Dennie Hill. “We watched him move and we liked what we saw. He’s a First Down Dash colt so that’s another thing that we love. It’s been six or seven years since I’ve purchased a horse for this much money, but we figured that it would take at least $100,000 to buy him. We talked a lot about the possibility of spending $100,000 on him and we made the decision that he was worth it.

The day’s second top seller and fourth overall highest seller was the Walk Thru Fire colt Hit It Big (Hip #355). Purchased by Ed and Theresa DeNike, Hit It Big is a full brother to 2010 Governor’s Cup Futurity winner Hot Hitter and half brother to 2008 Governor’s Cup Futurity winner and 2009 Governor’s Cup Derby winner Hard Hitting. Hit It Big is out of the 2008 PCQHRA Broodmare of the Year Chickasis and from the same family as 2009 World Champion Freaky.

A total of 23 horses sold for at least $50,000 at the 2010 Los Alamitos Equine Sale or nearly double the figure of twelve $50,000 purchases from last year’s sale.

Ed Allred was the top consignor with 72 heads selling for a total of $1,199,500. Burns Ranch and Burns Ranch Agent combined to sell 72 head for $1,180,000, while Vessels Stallion Farm sold 34 head for $495,900. Jose Flores was the top buyer by gross figures with seven horses purchased for $224,200. Salvador Berron was the second leading buyer with one horse purchased for $150,000, while Rachuan Suarez was third with nine horses purchased for $139,700.

For the full story, visit http://www.losalamitosequinesale.com.

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