by Sarah Mace

Three NY-bred juveniles brought six figures during Tuesday’s second and concluding session of Fasig-Tipton’s Midlantic sale of 2-year-olds in training in Timonium, including a filly by New York third crop sire Stonesider purchased by Linda Rice on behalf of A Shares Stable for $125,000.

Bred by Jennifer Contessa and foaled at Waldorf Farm in North Chatham, the bay Stonesider filly (Hip 297) is the second foal from winner I Drink Alone (Intidab). The mare’s first foal, 3-year-old Stonely the Lonely (Bustin Stones), has won twice on the NYRA circuit and earned $78,000. I Drink Alone is a daughter of stakes performer Grab Gingerly, and half sister to stakes winner and graded stakes-placed Pavo ($304,991).

The sale filly, who was consigned by Eddie Woods, Agent II, worked one-eighth of a mile in the under tack show in :10 2/5. A lucrative pinhook, she sold previously to Woods’ Quarter Pole Enterprises for $20,000 at the 2011 OBS fall mixed sale. Her sire Stonesider stands for Highcliff Stallions LLC at McMahon of Saratoga.

*

The top-selling New York-bred in session two, also the top New York-bred to change hands at the Midlantic 2-year-old sale, was Hip 361, a dark bay/brown February Mineshaft colt, who sold from the consignment of James Layden (also the consignor of Monday’s New York topper by Posse) to Thomas Keithley for $130,000.

Bred by Louis P. Ferrari and foaled at Peacefield in Schuylerville, the colt is the fourth foal out of placed runner Mississippi Charm (Silver Charm), who is a half sister to multiple stakes-winning New York-bred Delta Wolf ($400,343) and stakes winner and multiple graded stakes-placed Miss Wineshine ($189,080), herself a stakes producer. Mississippi Charm has already produced two winners from three to race, including stakes-placed New York-bred Smokem’s Charm by Smoke Glacken ($78,787).

Offered for sale at public auction three times, the colt was purchased by Layden for $97,000 at last year’s Fasig-Tipton preferred New York-bred yearling sale. He failed to meet his reserve when bid up to $145,000 at Fasig-Tipton’s March sale, before selling on Tuesday after posting a :21 4/5 quarter-mile breeze in the under tack show.

*

The third six-figure juvenile to sell Tuesday, a chestnut colt by Smoke Glacken with European roots, went to Debbie Easter, Agent for $117,000 from the consignment of Classic Bloodstock. The May colt (Hip 330), who was bred by Eaton & Thorne, Inc. and foaled at Thorndale Farm in Millbrook, breezed an eighth of a mile in :10 2/5.

The sale colt is out of Land On Your Feet, an unraced daughter of Silver Deputy who has produced four winners and is a half sister to stakes winner Reflect the Music by A. P. Indy ($219,708). Jonathan Thorne purchased the mare for $15,000 at the 2008 Keeneland November sale. The colt’s third dam is Irish-bred French juvenile champion and Group 1 winner Play It Safe (Red Alert), who is a half sister to long-distance highweight and sire Prudent Manner (9 1/2-11 furlongs) and Grade 1 winner and sire Providential, as well as the dam of stakes winner Vanities.

*

Yet another New York-sired juvenile to sell nicely on Tuesday was a bay filly by Freud (Hip 358) who went to Stephen Di Mauro, Agent for $97,000 from the consignment of Pike Racing after breezing the fastest three-eighths in the under tack show (:33 3/5).

Bred by Tony Grey and foaled at Keane Stud in Amenia, the bay filly is the third foal out of the four-time winner Mighty Good (Good and Tough), a half sister to Mighty Eros, a New York-bred stakes winner by Freud. Mighty Good’s only foal to race to date, Ludo Bagman (Closing Argument), is a winner ($78,098). Second dam Mighty Emy (Mighty Adversary) is a stakes winner, as is third dam Honey League Girl (Honey Jay). Honey League Girl is a half sister to Grade three winner League Darling, two more stakes winners and the dam of two stakes winners including Mop Squeezer, a multiple stakes producer.

*

Over the two sessions of the Midlantic 2-year-old sale, 31 New York-breds changed hands (including two private sales) for an average price of $46,096 and a $30,000 median. Only four individuals did not sell, producing a terrific buy-back rate of only 11%.

by Sarah Mace

A son of Posse, who breezed the fastest quarter mile at the under tack shows, commanded the highest price for a New York-bred at Monday’s first session of the Fasig-Tipton Midlantic sale of 2-year-olds in training in Timonium when purchased by trainer Bruce Levine for $110,000.

Following the March colt’s bullet quarter mile last Wednesday (:21 2/5), consignor James Layden said, “He’s been very forward. He’s a nice colt, and he worked really well. He loves what he’s doing, and is cut out to be a racehorse.” Layden added, “He acts like a good one. I liked his conformation as a yearling. He just looked as if he would develop into a nice horse, and he has.”

Bred by Russell S. Fisher and foaled at Stonebridge Farm in Gansevoort, the Posse colt (Hip 77) was purchased by Layden last October for $25,000 from the Stonebridge Farm consignment at the Fasig-Tipton Eastern fall yearling sale.

The sale colt is the latest recorded offspring of the unraced Storm Bird mare Storm Struck, who has produced six winners from seven starters, including Paragon Queen (Lord Carson), runner-up in the 2004 Grade 3 Debutante Stakes at Churchill Downs, and My Man Sumo (Kafwain), a $136,570-earner. His second dam Swaalif (Secretariat) produced the dam of stakes winner Mykindasaint (Saint Ballado) and the family of the third dam, Canadian champion Queen Louie, is riddled with black type through several generations

The colt issues from the first New York crop of Posse (Silver Deputy – Raska [Rahy]), who relocated to the state for the 2010 breeding season. Standing his first year at Vinery in Lexington in 2004, Posse was the leading first crop sire in 2007 with seven stakes winners, including top-earner and two-time champion Kodiak Kowboy ($1,663,363), whose first juveniles are hitting the track this year. Caleb’s Posse ($1,423,379), winner of the 2011 Grade 1 Breeders’ Cup Dirt Mile in electrifying fashion, entered stud this year at Three Chimneys Farm.

Standing at Vinery New York at Sugar Maple in Poughquag for $12,500, Posse has been topping the year-end New York stallion rankings since his arrival in New York in late 2009.

Thirteen New York-breds sold in the sale’s opening session for an average price of $34,385 and $30,000 median. The Midlantic sale continues Tuesday at 10 AM.

by Sarah Mace

A pair of fillies from the consignment of Becky Thomas’s Sequel Bloodstock brought six-figures on the fourth and closing day of the 2013 OBS spring sale of 2-year-olds in training, led by a daughter of Sequel’s first crop sire Noonmark purchased by Sovereign Stable, Inc. for $130,000.

The dark bay or brown filly (Hip 982) was bred by 2009 New York Breeder of the Year Tony Grey and foaled at Keane Stud in Amenia. The March filly, who worked an eighth in 10.1, rewarded the patience of her connections Thursday after she failed to meet her reserve when bid up to $39,000 at 2012 the Fasig-Tipton New York preferred yearling sale.

The filly’s unraced dam Soft Shoe Dancer (Commendable), also bred by Grey, has produced two winners from two foals to start, including multiple stakes-placed Bwana Babe, by Bwana Charlie ($343,989). The filly’s third dam is a stakes producer and fourth dam Petite Diable (Sham) is the dam of Grade 1 winner Dixie Brass.

New York freshman sire Noonmark (Unbridled’s Song), who stands for a partnership at Becky Thomas and Dennis Narlinger’s Sequel Stallions New York in Hudson, is a graded stakes-winning sprinter out of In the Storm, a Storm Cat mare who is a half-sister to Grade 1-winning millionaire and sire Formal Gold (Black Tie Affair).

The other leading filly (Hip 926), who recorded a 10.0 breeze in the under-tack show, is a daughter of Mineshaft bred by Happy Hill Farm and foaled at Cedar Ridge Farm in Pine Plains. Purchased by Peacock Ridge, Agent for $100,000, the chestnut is out of Self Rising, a stakes-placed daughter of Hansel, and a product of four generations of Happy Hill Farm breeding. Self Rising is the dam of Notacatbutallama (Harlan’s Holiday), whose highly successful juvenile campaign in 2012 included two stakes victories on turf and a graded placing. Self Rising has also produced Toque by Alphabet Soup (28-10-6-5 $176,796) and one more winner.

The filly’s second dam My Necessity (Ziggy’s Boy) is stakes-placed and a producer of stakes performers. The winning third dam Salt in My Stew (Dr. Blum) produced six winners including stakes winner Patooie and winner Shappy, the dam of multiple graded winner Feline Story. Another daughter of Salt in My Stew, Above the Salt, is the dam of Eishin Cameron, who earned over $1.5 million in Japan.

*

New York-breds performed well overall in the context of what turned out to be a record-setting OBS April sale. Of the 126 individuals catalogued, 86 passed through the auction ring and 64 changed hands (including 4 private sales) for total sales of $3,227,500.

Seven individuals brought six figures, led a bay Freud colt purchased by Linda Rice on behalf of Bear Stables Ltd. for $210,000. The median price for a New York-bred ($37,000) outperformed the cumulative sale median ($35,000), which was up 29.6% over last year. The New York-bred average of $50,430 did not quite manage to keep pace with the new record mark for the sale ($60,535, up 39.3%), but exceeded the New York-bred juvenile average price in 2012 ($47,821), indicating a continuation of the upward trend the New York-bred 2-year-old marketplace has been experiencing since 2010.

by Sarah Mace

No fewer than three New York-bred juveniles brought six figures in the third session of the 2013 OBS spring sale of 2-year-olds in training Wednesday, led by a bay colt by New York sire Freud (Sequel Stallions) who was purchased by Linda Rice on behalf of Bear Stables Ltd. for $210,000.

Foaled in March at Hidden Lake Farm in Otisville, Hip 822 was bred by Sequel Thoroughbreds LLC in partnership with J. W. Singer LLC, and consigned by Becky Thomas’ Sequel Bloodstock. He is the second foal from Pulpit’s Pride, an unraced daughter of Pulpit, whose only foal of racing age, 3-year-old Kozmik Kid (Master Command) also bred by Sequel and Singer, finished third in his debut at Penn National earlier this month.

The sale colt, who breezed an eighth in 10 seconds flat, has an abundance of black type under the third and fourth dams. Third dam Seewillo (Pleasant Colony) is a Grade 3 winner and a producer of two graded stakes performers. Sewillo’s daughters Perfect Copy and Doyenne have each produced stakes winners. Fourth dam Perfect Pigeon (Round Table) is a multiple stakes producer. The colt’s dam Pulpit’s Pride currently has a yearling filly by Noonmark and a weanling filly by Langfuhr.

McMahon and Hill Bloodstock, Agent went to $165,000 to purchase a chestnut filly by second crop sire Street Boss, who was bred by Danzel Brendenmuel and Gary Zweifach. Foaled at Stone Bridge Farm in Gansevoort — also the consignor — Hip 646 turned in a 10.1 breeze in the under-tack show. She is the first foal out of New York-bred Malibu Fire, an unraced daughter of Malibu Moon with Chilean roots bred by Edition Farm. Malibu Fire’s first, second, and third dams all raced in Chile, and her dam Sobrina Del Rey (CHI) was Grade 1 placed in Chile before winning in this country for Edition Farm.

A speedy dark bay or brown filly by City Zip (Hip 611) who worked an eighth in 9.4 went to Bradley Thoroughbreds LLC from the consignment of Eddie Woods, Agent LVII for $125,000. Bred by Song Hill Thoroughbreds LLC and foaled at Song Hill Thoroughbreds in Mechanicville, the filly is out of stakes placed Lizzie Toon, by Dixieland Band. Lizzie Toon has produced seven winners from eight foals to start, including Grade 3 winner Willy o’the Valley ($337,754).

The third session of OBS April saw 17 New York-breds in all change hands for an average of $65,471. The number was on par with the strong session average of $65,683, which posted a 55.6 percent gain over last year.

by Sarah Mace

A City Zip filly whose dam is a half-sister to Z Humor was purchased by Michael Dubb from the consignment of Eisaman Equine, Agent for $155,000 as the top New York-bred in Tuesday’s second session of the 2013 OBS spring sale of 2-year-olds in training. Empire-breds fared well on the day with ten individuals selling for a robust average of $70,800.

The bay January filly, who worked a sharp 10.0 in the under-tack show and sold as Hip 366, was bred by Dr. Jerry Bilinski and foaled at his Waldorf Farm in N. Chatham. Her new owner Michael Dubb, a member of New York Racing Association Reorganization Board, is perennially one of the top owners on the NYRA circuit.

The sale filly is the first foal out of First to Come Home, a winner by Came Home ($45,723), whose dam Offtheoldblock (A.P. Indy) produced graded stakes winner and Grade 1-placed Z Humor (Distorted Humor) ($970,163). Bilinski purchased First to Come Home in-foal at the 2010 Keeneland November breeding stock sale for $15,000. First to Come Home currently has a yearling filly by Any Given Saturday and a weanling filly by Langfuhr.

Other New York-bred standouts at the sale on Tuesday include a pair of colts who sold for $90,000. Hip 591, a Freud colt out of Lavender Lass bred by Tony Grey who drilled a quarter in 21.2, was purchased by Carlo Vaccarezza. Linda Rice, on behalf of Tic Stables, purchased Hip 487, a colt by City Zip out of Honor Lass, who recorded a 10.1 breeze and was bred by Mina Equivest LLC. Vaccarezza also went to $85,000 to purchase a filly by Sightseeing out of Flingette. The half-sister to hard-knocking New York-bred veteran Six Flings (51 starts, $243,847) was bred by Dutchess Views Farm, Inc. (Hip 374)

The $70,000 average price for the 10 New York-breds who sold Tuesday did well to exceed the average for the session overall ($62,940), which saw a 47.1% increase over last year.

by Sarah Mace

In the opening session of Ocala Breeders’ Sales Company’s 2013 spring sale of 2-year-olds in training Monday, Linda Rice, acting on behalf of Vin Laur Racing Stables LLC, went to $115,000 to secure a chestnut filly by Afleet Alex, whose second dam is a half-sister to champion multi-millionaire Serena’s Song.

Bred by Milfer Farm Inc. and foaled at the Unadilla farm, the February filly, currently named Caraceltwinkletoes, sold as Hip 153 from the consignment of James Layden, Agent II. Milfer Farm acquired her dam, Irish-bred Caracara in-foal at the 2010 Keeneland November breeding stock sale for $28,000 from the Gulf Coast Farms Dispersal.

Caracara (IRE) by Nashwan, a juvenile winner in England, is out of Grade 3 winner Vivid Imagination (Raise a Man), who is a half-sister to Serena’s Song ($3,283,388). Caracara has already produced one multiple winner from two foals to start and currently has a yearling colt by Golden Missile, to whom she was bred back last year.

The sale filly, whose furlong work was timed in 10.1, was offered last year at the Fasig-Tipton New York preferred yearling sale in Saratoga, but failed to meet her reserve when bid up to $37,000.

Also well-received in Session 1 was Hip 92, a dark bay filly by First Defence (currently ranked sixth second crop sire in the nation), who sold to Abigail Adsit, Agent for Jeffrey and Randall Kallenberg, for $95,000 from the consignment of Niall Brennan Stables, Agent XXI.

Bred by Lawrence Goichman and foaled at Edition Farm in Hyde Park, the April filly, who breezed an eighth of a mile in 10.2 in the under-tack show, is out of stakes winner Beebe Lake, by Grand Slam ($195,375), also bred and campaigned by Goichman. Beebe Lake has produced three winners from four starters, including 3-year-old Roses for Romney (Hard Spun), who broke her maiden by 6 3/4 lengths in a New York-bred Maiden Special Weight race going 1 1/16 miles on turf on Sunday in the finale on Aqueduct closing day.

In all 19 New York-breds sold in the first session of OBS April for an average of $38,368.

In a highly selective renewal of Fasig-Tipton’s Florida sale of 2-year-olds in training, which produced a sharp increase in average (20%) and median (32%) but where buybacks jumped to 41% (from 29%), the top New York-bred to change hands was a filly by Dixie Union whose second dam is also the second dam of Orb, recent winner of the Grade 2 Besilu Stables Fountain of Youth Stakes.

The bay Dixie Union filly (Hip 101), who breezed one furlong in 10.2 seconds at the auction’s March 22 under-tack show, was purchased on Monday afternoon by Hardacre Farm for $350,000. Bred by Jeffrey Tucker’s Stone Bridge Farm where she was foaled, the filly was consigned by Cary Frommer (agent), who purchased her last year for $110,000 at Fasig-Tipton’s Preferred New York-bred sale in Saratoga.

The sale filly comes from an extremely attractive female family. Her fourth dam Laughter (Bold Ruler / Shenanigans) is a half-sister to multiple champion Ruffian and graded stakes winners Icecapade and Buckfinder, as well as the dam of millionaire and sire Private Terms and second dam of Coronado’s Quest.

The sale filly’s third dam Steel Maiden (Damascus), who was a stakes winner and Grade 2 placed, produced four winners, including Grade 2 winner Mesabi Maiden (Cox’s Ridge). Mesabi Maiden’s daughter Lady Liberty ($202,045) is the dam of top Derby contender Orb.

The filly is the sixth foal from Blue Sky High (Unbridled) an unraced producer of three winners from three foals to start, including New York-breds D J Manlove (Stormy Atlantic), a sophomore who is undefeated after one start on the West Coast, and Sea to Sky ($82,960), who collected a win and two runner-up finishes this past winter at Aqueduct. Blue Sky High’s most recent foal is a 2013 colt by Yes It’s True. Tucker purchased the mare for $220,000 at the 2007 Keeneland November Sale.

Among the noteworthy Empire-bred RNAs, was Hip 112, a colt by Indian Charlie out of Cradlesong bred by Milfer Farm Inc. Purchased by IEAH Sales Corp at the Saratoga New York-bred preferred sale for $270,000, the colt failed to meet his reserve when bid up to $330,000 on Monday afternoon.

If the name Frankie Freud has a familiar ring, you are probably recalling his famous older full sister, Franny Freud (Freud), a Grade 1 winner and multiple New York-bred Champion. Little brother, 2-year-old Frankie Freud, was purchased in Wednesday’s concluding session of the OBS March sale by trainer David Cannizzo for $90,000 on behalf of ZRJ Stables. The colt will train and race in New York.

Bred in partnership by 2009 New York Breeder of the Year Tony Grey and Tass Thoroughbred Partners LLC, and foaled at Keane Stud in Amenia, Frankie Freud recorded a sharp :10.1 work in the under track show. Consigned by Becky Thomas’ Sequel Bloodstock, the colt was the fourth top-priced New York-bred to go through the ring at the March sale.

Cannizzo said, “To get him for $90,000 in my eyes was pretty much a steal. He worked well on the Polytrack, but I think he’ll be a good sprinter on dirt and turf. He has a great pedigree, too. His sister was a very nice horse here in New York.” Cannizzo added, “I really appreciated how helpful Becky Thomas was throughout the purchasing of Frankie.” (Virtual Inspection Video, ThoroStride.com)

A stakes winner on Polytrack, dirt and turf ($686,029), Franny Freud took the Grade 1 Prioress at Belmont, Grade 2 Beaumont at Keeneland, Lady Finger Stakes at Finger Lakes and three divisions of the New York Stallion Stakes series. She also finished second in the Grade 2 Santa Ynez Stakes at Santa Anita. Winner of eight of 11 starts and out of the exacta only once, Franny Freud retired injured just days before starting as the probable favorite in the Grade 1 Test. After her retirement, Franny Freud was purchased for $560,600 at the Fasig-Tipton Fall Mixed sale by Katsumi Yoshida.

Frankie Freud’s dam Frankly Fran, a winning daughter of D’Accord, is a half-sister to two stakes winners and producer of two winners in addition to Franny Freud: the resilient Semichi (Brushed On), who started over sixty times and earned nearly $200,000, and Saratoga Steve, a full brother to Franny Freud ($70,211). Frankie Freud is the first foal for Frankly Fran since Franny.  Currently the mare has a yearling Freud colt and was bred back to Freud last year.

Cannizzo said, “We’ll be pointing to Belmont and Saratoga with him. Since he’s a New York-bred there are lots of racing opportunities and of course we’d love to take down some of those New York Stallion Stakes.” In another wrinkle on the little brother theme, 30-year-old Cannizzo, a former assistant to trainers Bruce Levine, Scott Lake and Dale Romans, is the younger brother of NYTB Executive Director Jeffrey Cannizzo. He bought three other juveniles at the sale.

Overall, New York-breds fared well at the OBS sale. Of the 16 juveniles offered after scratches, 13 sold for an average price of $140,769 and median of $145,000. Eight individuals changed hands for six figures, topped by a filly by High Cotton who commanded $340,000 in the first session of the sale as the fourth highest-priced juvenile on the day and 13th highest in the sale overall.

Other New York-bred standouts at OBS include a pair of New York-bred colts who each brought $180,000. Hip 332, a Heatseeker (IRE) colt out of Minetonightsfirst (D’Accord /Mine Tonight) bred by Edition Farm, went to Chika racing. The colt has five winning siblings, including multiple stakes-placed Ouchy Night ($209,793) and sold previously to Eisaman Equine for $70,000 at the Fasig-Tipton New York-bred preferred sale.

Leah Gyarmati, acting as agent for Jeff Treadway paid $180,000 for the last New York-bred to go under the hammer, a bay colt by Broken Vow out of Naughty Natisha (Known Fact/Noble Natisha), dam of millionaire and multiple New York champion Naughty New Yorker ($1,089,884). Bred by Dr. William B. Wilmot and Dr. Joan M. Taylor the Broken Vow colt (Hip 345) sold twice previously. John W. Greathouse bought him as a weanling for $135,000 at the 2011 Keeneland November sale and Phase II Thoroughbreds picked him up for $120,000 at the Fasig-Tipton Kentucky October yearling sale last year.

A chestnut daughter of High Cotton out of a graded stakes-producing dam, garnered the fourth top price in Tuesday’s opening session of the OBS March sale of 2-year-olds in training, purchased by California trainer Peter Miller on behalf of Richard Pell’s Pelican Racing LLC, for $340,000.

Hip 98 is a half-sister to juvenile stakes winner and accomplished sophomore Den’s Legacy (Medaglia d’Oro), winner of the Grade 3 Generous Stakes at Betfair Hollywood Park, runner-up in the Grade 2 Robert B. Lewis and Grade 3 Sham Stakes at Santa Anita, and third in Santa Anita’s Grade 1 CashCall Futurity ($321,350).

Miller told the TDN, “[The filly is] exceptionally athletic and very correct.  She has a lot of quality about her and seems to have a lot of class. She had one of the best works in the sale (:10 1/5). We reached on her, but she’s got some pedigree, and if you’re going to reach for one, you might as well do it for a filly with pedigree.”

The sale filly was bred in partnership by Stephanie Brennan, Marette Farrel and Gaye Swartz, and foaled at Chestertown Farm in Chestertown. She first changed hands when Ben Weaver purchased her at the 2012 Saratoga New York-bred preferred yearling sale for $50,000.

Hip 98 is the third foal, and first New York-bred offspring from the unraced War Chant mare Sunshine Song, a $185,000 yearling purchase in 2005. The filly’s second dam Remember the Day is a stakes winner and producer of three stakes winners including Grade 1 winner C.S. Silk by Medaglia d’Oro ($780,396).

Steven Venosa, whose SGV Thoroughbreds (agent) consigned the filly at the OBS sale, said “She’s been a really solid filly on the farm and coming in here we had pretty decent expectations on her. What makes her so unique is that it seems like the further she goes, the better she goes. All the clockers told me that she galloped out really impressive here. Even though she did work in :10 1/5, she galloped out in :21, :33 1/5 and :46 4/5. It was a really big move.” Venosa added, “We’re really excited that she’s going to a good home. We’re looking forward to hearing about her in the future.”

A New York-bred yearling filly from the first crop of Quality Road brought $80,000 at Monday’s Fasig-Tipton Kentucky Winter mixed sale, the last mixed sale of the 2013 auction calendar.

Hip 66, bred by James Moloney and Peter Reynolds and foaled at Jack’s Farm on the Hill in Millbrook, was purchased by Nonesuch from the consignment of Paramount Sales, Agent XII.

The bay filly, born last March 17, is the second registered foal produced by Turbulent Air, an unraced daughter of Montbrook, whose first foal, 3-year-old Hailey’s Star (Medaglia d’Oro) is a two-time winner.

Turbulent Air is a half sister to multiple Grade 2 winner and millionaire Smooth Air (Smooth Jazz) and Overdriven (Tale of the Cat), winner of the 2011 Grade 2 Sanford Stakes. Her second dam Twin Propeller is a multiple stakes winner and there is abundant black type under the third dam.

James Moloney purchased Turbulent Air in foal at the 2011 Keeneland November Breeding Stock sale for $55,000.