Buyers’ market at Perth Magic Millions

A colt by Touchstone Farm freshman sire Flying Pegasus topped the fourth and final session of the 2011 Perth Magic Millions yearling sale at Belmont on Sunday.

The colt is the first foal of Canny Lad mare Akkachar and was purchased by leading bloodstock agent John Chalmers for $30,000.

Flying Pegasus yearlings proved popular during the non-select session with three of the top five on the leader-board.  The G2 winning son of Fusaichi Pegasus was in demand after his first-crop filly Western Fever won the $250,000 Magic Millions Perth 2YO Classic at Ascot on Saturday.

Colts by Benicio and Patronize were next best at $25,000.  

Benicio (More Than Ready) stands at Vinery and is the sire of unbeaten Perth youngster Benny’s Halo who is prepared by Neville Smith.  The Ascot trainer bought his latest younger who is from Catbird mare Ali de Lys  The dam is an unraced half-sister to Melbourne iron-horse Jungle Ruler (17 wins).

Patronize (Redoute’s Choice) is a three-quarter brother to Exceed And Excel and his first-crop colt from Old Spice mare Nippy Sweetie was purchased by trainer Stephen Miller.  The colt’s dam is a half-sister to Scenic stakes winner Scenic Assault.

Sunday’s trade totalled $903,700 at an average of $6,898 which was down 5.2% from last year.  The clearance rate mirrored that of the Perth Premier yearling sale at a disappointing 64%.

“It was a real buyers’ market,” Magic Millions Acting Managing Director David Chester reported.  “Obviously again the clearance rate was lower than we would have liked but, overall, we’ve finished up with pleasing results for the entire four day sale.”

2011 Perth Magic Millions – Session 4 leader-board

$30,000 – Flying Pegasus-Akkachar colt
Vendor: Touchstone Farm (As Agent) / Buyer: John Chalmers Bloodstock (WA)

$25,000 – Benicio-Ali de Lys colt
Touchstone Farm (As Agent) / Neville Smith (WA)

$25,000 – Patronize-Nippy Sweetie colt
Canardly Stud / Stephen Miller (WA)

$22,000 – Flying Pegasus-Spinocks filly
Gervase Park Stud / John Blackburn (WA)

$21,000 – Flying Pegasus-Tudor Comic filly
Alwyn Park Stud / Brent Larsson (WA)