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Tatts Oct Book 1 Day-3: Stratospheric Results

Friday, 10th October 2014

In unprecedented scenes overnight at Tattersalls in England, the October Book 1 Sale concluded after Day-3 with almost 80 million guineas having traded hands over the three sessions. The result produced the highest turnover in auction history for a European sale. This included 2015's new record price: a 2.6 million guineas colt by Galileo (see below), plus new records established for turnover, average and median for a single day, and the whole sale. The final day of the sale saw three lots top the million guinea mark which helped push the turnover to 30,159,000 guineas for the 106 lots sold, up 58 percent on last year's final session. The average rose 56 percent to 284,519 guineas and the median rose 58 percent to 190,000 guineas. The turnover for the sale of 79,274,000 guineas for the 336 lots sold was a rise of 13 percent on the 2013 sale and a new record, whilst the average and median both rose 14 percent and 15 percent respectively to 235,935 guineas and 150,000 guineas, both new records for the sale. There were a remarkable 38 lots to sell for 500,000 guineas or more, up from 22 last year, whilst the number of seven-figure lots was also a new record at 6, up from the previous top of 4 in 2007 and 3 last year.

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