NEWS: SALES

Klaravich Stable goes to $200,000 for Into Mischief colt at OBS April

Saturday, April 29th, 2017

OBS cover book 2 April 17By Sarah Mace

Seth Klarman’s Klaravich Stable continued to stock up on New York-bred juvenile talent on the final day of the Ocala Breeders’ Sales Company’s 2017 April sale. Last month, at the OBS March sale, Klarman signed the tickets for both top-selling New York-bred juveniles. On Friday as the April sale wrapped up, he purchased a bay colt by Into Mischief for $200,000, the auction’s second highest price for an Empire State-bred.

Klaravich Stable’s new colt, Hip 1047, was bred by Dixie Farm and foaled on April 4, 2015. A graduate of the Fasig-Tipton New York-bred preferred yearling sale, where he was purchased by Zayat Stables for $120,000, the colt turned in a :21 2/5 quarter-mile breeze for OBS consignor Top Line Sales LLC, Agent, on day six of the under tack show.

Hip 1047 is the first foal out of is out of stakes-placed New York-bred Silver Prize, by Silver Train. The mare has six winning siblings, topped by stakes winner Drewssasin (Freud) and two other stakes performers. Purchased by Dixie Farm for $32,000 at Fasig-Tipton’s 2013 fall mixed sale in Saratoga, Silver Prize has a new colt by Palace Malice on the ground this year.

The New York-bred contingent sold solidly in the four-session OBS sale. Of 59 horses offered, 49 sold, including four private sales, for a 17 percent buyback rate. The New York-bred average was $62,796, and the median came in at $42,000.

This year’s renewal of OBS April was a record-breaker overall. Total sales came to $61,185,900, surpassing the previous mark of $56,965,000 set in 2014. The record average of $90,245 was up 14.3 percent over last year and record median came in at $48,000. The sale buyback rate, like the New York-bred buyback rate, was 17 percent, down from 22.7 percent a year ago

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