An I Am Invincible colt became the highest selling lot in a decade at the Gold Coast Magic Millions when knocked down for $2 million on Thursday.
Consigned by Yarraman Park, the colt was the subject of fierce interest and in the end it was Reg Inglis, American-based Jon Kelly and Paul Frampton who snapped up the colt – outlasting Boomer Bloodstock’s Craig Rounsefell.
The colt is the second foal for the Morphettville Guineas winner Tai Tai Tess, a Magic Albert mare who was sold through the same sale.
“You couldn’t find any fault with him,” Kelly said. “He has a great walk – he’s proportional, he vets out perfectly. The breeders have done a wonderful job. There’s a lot of other good horses here, but in our estimation he was the best.”
Arthur Mitchell of Yarraman Park said the colt was the highest selling I Am Invincible yearling ever – eclipsing the previous record by some $400,000. “We’re over the moon,” he said. “We weren’t expecting him to bring that much money but he was a lovely colt.”
“When the stand-out colts get in the ring and the right boys are on them. It’s great for the sire and the staff have worked really hard, so I’m rapt for them. It’s a happy result all round.”
There were more fireworks late in the afternoon when another group of buyers joined forces to secure Sizzling’s full brother for $1.60 million.
Yuesheng Zhang of Yulong Investments was able to outbid Spendthrift Farm to secure the much admired Snitzel colt from the draft of Milburn Creek. He was purchased by Yulong in conjunction with Phoenix Thoroughbreds, Aquis Farm and Ciaron Maher Bloodstock.
“Snitzel is probably the hottest sire in the country,” Maher said. “He’s got a great family and hopefully he can become a Group 1 winner and get him into the breeding barn. Let’s hope he’s as good as the brother, or even better.”
Thursday’s session helped push turnover to more than $89.6 million – over $10 million more than at the same stage last year. The average price sits at $226,848 – a sharp rise from twelve months ago, while the clearance rate has soared to over 86%.