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MM National Broodmare Sale Day-1: $1.6M For Sweet Idea

Thursday, 28th May 2015

Gr1 Galaxy winner Sweet Idea (Snitzel) topped Day One of the Magic Millions National Broodmare Sale on the Gold Coast on a day in which three lots sold for over $1 million. Presented at the auction by Widden Stud as agent for her connections, Sweet Idea was purchased by her former part owner Nick Vass for $1.6 million. The other stars of the day included Villa Verde who made the early running when knocked down to James Bester for $1.1 million and former star New Zealand galloper Fix who was sold to Tom Magnier for $1.25 million. Vass said no decision had been made regarding which stallion would serve Sweet Idea in her first season at stud, but nominated Pierro, Sebring and Dissident and possible suitors, while Bester said Deep Field had been chosen for Villa Verde. It was a bright start to the National Broodmare Sale with over $22.6 million traded on 178 lots sold - boasting an average price of $127,154 and clearance rate of 84%. It was no surprise that the average was down from last year's opener - when 10 mares sold for over one million and a star studded Teeley Dispersal draft averaged a staggering $404,000 helping return a Day One average of $205,810. Yesterday's average is impressive considering the 2013 National Broodmare opener averaged a tick under $85,000 - that's a 50% increase on that auction. "It's been great," Magic Millions Managing Director Vin Cox reported. "Comparing apples to apples we have to go back a couple of years as last year we have the Teeley Dispersal and that was just extraordinary." He added: "We're sitting on a turnover over $22.5 million compared to two years ago of $16 million. Again the National Sale is on the move - it's standing right out there on its own and that's great to be a part of."

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