NEWS: SALES

Eric Fein goes to $450k for NY-bred Majesticperfection colt to conclude OBS April

Saturday, April 23rd, 2016

OBS LogoBy Sarah Mace

The top-priced New York-bred to change hands at the four-day Ocala Breeders’ Sales Company’s 2016 April sale of two-year-olds in training was among the last, but well worth the wait. In Friday’s concluding session, a chestnut colt by Majesticperfection (Hip 1090) sold from the consignment of RiceHorse Stables to Eric Fein for $450,000. He became the eighth best-seller overall.

A speedy individual, who breezed a co-bullet furlong under tack in :9 4/5, the colt was bred by Burleson Farms and purchased as a yearling at the Fasig-Tipton Kentucky sale by Emerald Sales for $92,000.

Agent Ian Brennan, who signed the ticket for the colt, told the TDN, “We loved his work and pretty much everything about him. He’s a New York-bred. He came back from the work really sound and he was clean on X-rays and he is a colt that we liked from the breeze show and he’s just been showing himself really well. He acts like he has a ton of class.”

As to the price tag, Brennan added, “Good colts are bringing this kind of money here, but looking at the pedigree you’d like to be getting him in the $300-350,000 range. But we had to give that little extra for him.”

The colt is out of Magic Belle, a multiple winner and six-figure earner by Gold Case, who was purchased by Lyn Burleson at the 2010 Keeneland January sale for $26,000. The mare herself brought $425,000 as an OBS 2-year-old in 2004 and has since produced three winners from three foals to start. The colt’s second dam is stakes placed Magical Thinking and there is abundant black type under the fourth dam Roar N’ Honey.

In all 73 New York-bred juveniles were offered at OBS, of whom 51 sold (including four private sales) for a 30.1% buyback rate, above the 22.6% RNA percentage for the sale.

The New York-bred average was a strong $68,627, in the context of a record-breaking sale with a seven-figure seller and record average price of $79,211. The New York-bred median of $50,000 outperformed the record sale median of $47,000.

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