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Records Tumble At Goffs Autumn Yearling Sale


A record-breaking renewal of Goffs Autumn Yearling Sale concluded with a second session of incredible demand that led to a 92% clearance rate across the two days as well as rises of 456% in turnover, 119% in average and an increase of 105% in the median price. 

The draft from Derrinstown Stud led the way again on Day 2, with a top price of €92,000 for Lot 534, an Invincible Spirit colt out of the Stakes placed Tamadhor that was knocked down to BBA Ireland and Yulong Investments who earlier purchased Derrinstown’s Lope De Vega colt (Lot 473) for €78,000.  The second highest priced yearling today was a daughter of Starspangledbanner (Lot 653) from Ballybin Stud that was bought by Kevin Ross Bloodstock for €80,000.  

Among the other highlights of today’s trade included an Awtaad filly out of a winning half-sister to Group 3 and Listed winner Convergence (Lot 592) that was sold by Derrinstown Stud to Joe Foley for €78,000, as well as Lot 719, a Starspangledbanner filly with a very timely update as her half-sister is last Friday’s Listed Bosra Sham Fillies Stakes winner Symphony Perfect, that was sold by Kilcarn Park to Federico Barberini for €68,000.
 
Click here for full results.
 
Reflecting on the Autumn Yearling trade, Goffs Group Chief Executive Henry Beeby said:
 
“The 2021 yearling sales season has certainly rebounded in some style as highlighted by the massive gains recorded at our Orby and Sportsman’s Sales a few weeks ago. However I don’t think anyone could have predicted the strength, buoyancy and gains of the last two days.
 
Of course, the highlight has been the one-off draft from Derrinstown which accounted for 24% of takings and we feel privileged to have handled these classy yearlings from the estate of the late Sheikh Hamdan who was such a wonderful and respected supporter of our sales. His consignment would have graced any catalogue and naturally dominated the leader board with eight of the Top 10 prices.
 
However even without the Derrinstown stars the Autumn Sale has been a cracker with a stunning 92% clearance rate and statistics that comfortably surpassed all recent renewals of this sale to underline the vibrancy of the Goffs yearling season. Take them away and the two days still enjoyed a 76% rise in average and a 320% leap in turnover to clearly illustrate the strength throughout.
 
The demand we enjoyed has been driven by a truly international buying bench with a flood of overseas buyers headed by a 50 plus strong group from Eastern Europe and significant parties from Scandinavia, Germany and Italy taking on spirited bidders from the UK and Ireland, all of whom were attracted to Kildare Paddocks by our passionate Purchaser Attraction Team led by Joey Cullen, working in tandem with our network of international agents and the team at Irish Thoroughbred Marketing; how lucky we are to have the assistance of the latter group as they provide an invaluable and unique service to those who choose to sell in Ireland.
 
As the sale closes we can reflect on vibrant, strong and extremely positive renewals of all three parts of the Irish National Yearling Sale, each of which graphically made our case for us that Irish breeders can sell, and sell extremely well, to the world at Goffs”.
 
Comparative Figures – Autumn Yearling Sale:

 

Offered

Sold

Turnover (€)

Average (€)

Median (€)

Top (€)

2020

273

170 (62%)

1,094,200 (-35%)

6,436 (+10%)

4,400 (+10%)

40,000

2021

471

431 (92%)

6,080,400 (+456%)

14,108 (+119%)

9,000 (+105%)

180,000