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MM Weanling Day-1: $500K For Medaglia Colt
A stunning colt by Golden Slipper producing sire Medaglia d'Oro topped the opening day of the Magic Millions National Weanling Sale on the Gold Coast yesterday. Leading bloodstock agent James Harron went to $500,000 to secure the colt, offered as Lot 111, a part of the quality packed Wood Nook Farm Dispersal. He was the star seller on a day when 142 quality lots grossed over $8.77 million at an average price of $61,768 – an increase of over 40 per cent on last year's sale. Sunday's top seller, from the black type performed and producing Redoute's Choice mare Starfish, highlighted a run of four consecutive lots from Wood Nook Farm to sell for over $200,000. The others in that streak were Lot 108 (Fastnet Rock-Oh Goodness Me filly for $220,000), Lot 109 (Pierro-Rocha colt for $300,000) and Lot 110 (Fastnet Rock-Slapstick filly for $280,000). "He's an exceptional colt," James Harron said of the $500,000 Medaglia d'Oro youngster. "He's by a great stallion who's making headway in Australia including the Champion two-year-old in Vancouver and plenty of other top performers. He's doing it in both hemispheres." The day's second top seller was the Pierro-Rocha colt from Wood Nook Farm who was purchased by Segenhoe Thoroughbreds for $300,000. "He probably made a bit more than we wanted to pay, but in this market the good types with the pedigree are popular," Segenhoe's Peter O'Brien said. First season sires Pierro and All Too Hard were top rivals on the track and they are now doing it at stud. Both sires had exceptional days with Pierro average $196,667 for six sold, while the five weanlings by All Too Hard sold average $180,000. "It's been quite spectacular," Magic Millions Managing Director Vin Cox reported. "The gross of almost $8.8 million is higher than last year's Day One gross with 50 less horses being offered." He added, "It's a stunning set of statistics. Our average is up over 40 per cent on last year and over 70 per cent on the sale the previous year."