A
clearance rate of 86% and turnover of just over $100,000 in the most recent
gavelhouse New Zealand fortnightly online auction highlights what a
valuable addition to the thoroughbred trading landscape the site is.
In less than 12 months in business as an online auction site, a total of 312
horses have sold via gavelhouse.com New Zealand while over $1.9million worth of
bloodstock has changed hands.
"As we approach our first birthday we're thrilled with the results we are
consistently achieving for our users whether it be exceeding price expectations
or just providing an avenue for people to cut costs and move horses on in a
more timely manner," commented Sales and Marketing Manager Haylie Martin.
"Our user-base is still growing exponentially and it's great to see people
right across the age spectrum getting confidence in buying and selling online."
Of the 32 Lots sold last night, the highest price paid was $20,000 for a
quality two-year-old colt (pictured) by champion sire O'Reilly. On account of Brighthill
Farm atLot
8, he is from the Redoute's Choice mare Baheeya who is a half-sister
to Group One place-getter Solid Choice.
Having suitably impressed buyers in his two trials to date there was plenty of
competition on him with the winning bidder planning to race him in New Zealand.
Other highlights included Brighthill Farm'sLot
1, a weanling colt by Dalghar, fetching $9,500 to Hallmark Stud
whileLot
11, a two year old Zed gelding on account of The Oaks Stud, andLot 31, a three-in-one package, both fetched
$8,000 each to a Singapore-based buyer who took home a total of 11 lots on the
night.
View full results hereand
to make an offer on any of the passed in Lots, contact the gavelhouse.com NZ
team viainfo@gavelhouse.comor
09 296 4436.
Entries for the next NZ auction
are now open and will close at 7pm on Monday 13 March. The catalogue will go
online at 5pm (NZ time) on Tuesday 14 March with bidding set to close from 7pm
on Monday 20 March.