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2020 MMGC Day 1 Average $239,236

Thursday, 9th January 2020

Across the opening day at the 2020 Magic Millions Gold Coast Sale over $48.5 million was traded on 203 lots sold at an average price of $239,236. The clearance rate currently sits at 83 per cent. "It's been a really solid day's trade," Bowditch reported. "We've had very similar numbers to the amount of horses who sold for over half a million dollars to last year." Bowditch noted, "The average is down a bit on last year, but the clearance rate is in great order and it's really a fantastic start to the sale." Day Two of the 2020 Magic Millions Gold Coast Yearling Sale will commence at 10am (Qld time) on Thursday. Below are Day 1’s statistics (2019 equivalent in brackets):

  • Lots Catalogued: 262 (265)
  • Lots Sold: 203 (200)
  • Lots Passed In: 42 (39)
  • Lots Withdrawn: 17 (26)
  • Sale Gross: $48,565,000 ($50,715,000)
  • Top Price: $1,100,000 ($1,600,000)
  • Average Price: $239,236 ($253,575)
  • Median Price: $180,000 ($170,000)
  • Sold %: 83 (84)
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