Excellent trade on final day of November Foal Sale

Goffs November Foal Sale concluded with an excellent day’s trade that saw five foals surpass the €200,000 mark.

Goffs November Foal Sale concluded with an excellent day’s trade that saw five foals surpass the €200,000 mark.  Mertoun Paddocks accounted for the sales topping Galileo colt out of Group 1 Moyglare Stud Stakes winner Miss Beatrix () who made €260,000.  The colt was consigned by JK Thoroughbreds.

John Ferguson signed for number six figure foals headed by the Nayef half brother to Irish Classic winner Bethrah () for €240,000, offered by Jockey Hall Stud on behalf of Tullpark Ltd, as well as two exceptional sons of Invincible Spirit - Abbeville & Meadow Court Stud’s half brother to dual Group 2 winning juvenile Approve () for €190,000 and the last lot through the ring Rockfield Farm’s own brother to Godolphin’s Stakes winning two year old this season Al Aasifh ().

Ferguson also purchased the Authorized half brother to the ultra impressive juvenile and Derby fancy Dubai Prince (), winner of the Group 3 Killavullan Stakes this season, who was offered by the Castlebridge Consignment and fetched €150,000, as well as a smashing son of Shamardal from Cloneymore Farm () who made €135,000.

Another Moyglare Stud Stakes winning dam provided the third highest priced lot of the sale when Airlie Stud’s Tamayuz filly out of Chelsea Rose fell to Shadwell Estate Company for €220,000 ().

Camas Park went to €215,000 to secure a son of Duke Of Marmalade out of Group 2 placed dam Bowstring from Al Eile Stud (), which was shortly followed by the purchase of Owenstown Stud’s Galileo filly out of multiple Group winner Cheyenne Star () by BBA Ireland for €200,000.

Reflecting on the November Foal Sale, Goffs Chief Executive Henry Beeby said:

We have been delighted with today’s trade which really stepped up a gear from yesterday which in turn advanced significantly on Tuesday’s lower key sale. Indeed the vibrancy of the market underlined the enduring appeal of the best of Irish bloodlines and the positive approach and stamina of our foal buyers, be they pinhookers or end users from home and around the globe – we have welcomed significant groups of both - and, whatever the day, whenever a foal that looked the part entered the ring there was no shortage of bidders.

Of course it would be wrong not to acknowledge the selective nature of the market which was very much a reflection of the 2010 European yearling sales in general but this third day read well, looked good and returned as good a trade for foals as we have seen for some time allowing the average to rise by an impressive 8% compared to last years strong final day. In fact the best sold better with no less than 5 lots bettering last years top price headed by the €260,000 sales topper. That endorses our consistent cry that the best sell better at Goffs and we hope it will continue to convince more Irish breeders that they can and will achieve the very best results in the Goffs sales ring – all we need are their best and we will return the best.

But what is probably even more remarkable is that Goffs have achieved such a vibrant trade with an average and median that has improved by 14% and 15% against the wider back drop of some real turmoil both for Ireland as a country and for the world economy in general. Recent headlines have hardly been an encouragement to invest in any commodity, never mind one as unique as bloodstock, and we salute the optimism of every bloodstock professional who has stepped up to the plate and put their confidence in Goffs foals. We thank every one most sincerely and wish them every success either in the sales ring or on the racetrack.

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