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UK Tatts July Final Average Up 17%

Monday, 11th July 2011

Overall at the Tattersalls July Sale, 457 lots sold for 5,910,800 guineas (A$9.162m) which was up 1.2% on last year. The final average of 12,934 guineas (A$20,050) was up 17% & the final median of 7,000 guineas (A$10,850) rose 7%. Tattersalls chairman Edmond Mahony summed up: “Trade this week has exceeded all expectations with increases across the board & a genuinely upbeat atmosphere throughout the July Sale. Buyers from all over the world have made their usual huge contribution & equally encouraging has been the domestic demand. The increase in turnover despite a significantly smaller catalogue is a very pleasing result & a clearance rate nudging 90% is a remarkable statistic, demonstrating the intensity of the demand at all levels of the market.”

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