gavelhouse.com New Zealand Auctions Continue Upward Trend

Media Release - Wednesday March 22
A clearance rate of 86% and turnover of more than NZ$126,000 in the latest gavelhouse New Zealand auction matches the previous fortnightly auction's record clearance rate and exceeds the turnover by NZ$26,000.

Of the 35 Lots on offer, 30 sold with the top sale price NZ$41,500 for a share in The Oaks Stud five-time Group One winning sire Darci Brahma. 

On account of Little Avondale Stud at Lot 33, he is already the sire of Oaks winners Risque, Artistic and Gust of Wind while his daughter Devise finished second in the weekend's Gr.1 Wellfield NZ Oaks and is now set to cross the Tasman for the Gr.1 Australian Oaks.

Other highlights included Richardson Racing's Lot 24 Great Expectations, a winning O'Reilly broodmare who sold for NZ$22,500, and another stallion share on account of Little Avondale in Hallmark Stud's exciting young sire Super Easy at Lot 35 which fetched NZ$12,500.

View the full results here and to make an offer on any of the passed in Lots, contact the gavelhouse.com NZ team via info@gavelhouse.comor 09 296 4436.

Entries for the next NZ auction are now open and will close at 7pm on Monday 27 March. The catalogue will go online at 5pm (NZ time) on Tuesday 28 March with bidding set to close from 7pm on Monday 3 April.


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