Auction Update: Issue 5
RSS Feeds Tuesday, July 14, 2020
We hope you and your family continue to be well and healthy. There are a few important updates to deal with this week. First, the Fasig-Tipton October yearling sale closes tomorrow, July 15th. If you have any yearlings you feel may not make September, or any that have not yet been entered anywhere, we must get those in as soon as possible. Fasig-Tipton will continue to take entries until they are full. I expect they will actually fill up and close entries by 5:00 p.m. tomorrow.

Yesterday, Fasig-Tipton had the first live auction with online bidding, and the sale turned out very well considering the quality of horses sold. More than 75 people registered to bid online and clearly it helped the sale which was attended by a limited number of people. This occurred just after a very strong two-year-old market at the Fasig-Tipton sale in Maryland last week. Some good news!

With that being said, Eaton Sales will encourage all our clients to video as many yearlings for the Keeneland September yearling sale as possible, and we are hoping you will allow us to organize or at least assist you in organizing your videos. Keeneland will subsidize video production up to $125 per yearling for Books 1 and 2. I have included a link to the Keeneland video memo sent out last week. September Sale Walking Video Overview. At this point, it looks as if international travel will be difficult to say the least and proper videos with a conformation shot could be very important to the sale of your horses.

Finally, believe it or not, the entries for the Keeneland November sale close August 3rd, and Fasig-Tipton’s November entries close September 4th. The weanling market has been incredibly strong the last five years. Top weanlings are realizing yearling prices with far less risk, and owners receive proceeds nine months earlier than they would for yearling sales. So, if you have any thoughts of selling weanlings, we would love to inspect your horses with you and give our opinion. Our clients have really benefited from selling a select portion of their crop as weanlings.

We are finding the landscape of the upcoming thoroughbred auctions to become increasingly difficult to navigate considering the continuing and rapid changes presented by COVID-19. Please call us if you have any questions or would like to discuss how we plan to achieve the best results this fall. We would appreciate any input and suggestions you and our clients may have. Stay healthy, wear a mask and be safe. Best regards, Reiley.
02/09/20
Jay Goodwin, formerly a partner in Select Sales Agency, has been named account manager at Eaton Sales. Goodwin was a partner at Select for 10 years
01/19/20
Omaha Beach cruised through a five-furlong work in 1:00.72 Sunday morning at Gulfstream Park, his final breeze for Saturday's Pegasus World Cup Invitational (G1).
01/14/20
The first to hit big was Hip 448, a bay filly by Into Mischief out of the Indian Charlie mare Silent Circle. Purchased for $260,000 by Blue Sky Stables as part of a pinhooking partnership, Brian Graves, who signed the winning ticket, said the yearling was exactly what the group was looking for.

Results matter. At Eaton Sales, we are passionate about the Thoroughbred business, but our relentless pursuit of outstanding results for our clients, in both the sales ring and the race track, is what drives us. For years, Eaton Sales’ clients have entrusted us to sell many of the most distinguished horses in the world.

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