$130,000 For Pins Colt (May 6 2010)

A Pins colt out of the four-time winning Danehill mare Dane Shakira topped the second day of the National Weanling Sale. Offered by Shelby Park, the colt was purchased by New Zealand Bloodstock as agent for a local breeder for $130,000.

After 468 weanling lots, the sale aggregate rose to $3,826,450 for 336 lots sold, up 59 per cent on last year ($2,407,800 for 267 lots sold). The final session average was $11,388 (up 26 per cent from last year's $9,018), with a median of $4000 (up 23 percent from last year's $3,250), and a clearance rate that climbed steadily to finish at a respectable 80 per cent.

NZ Bloodstock Co-Managing Director Petrea Vela said the results reflect the mixed demand over the course of the weanling sessions. "The general consensus amongst weanling buyers here is that nice horses were commanding good money, and there was good competition on the selection of most appealing lots. The reality though is that unfortunately there is very limited demand for the lesser pedigreed horses, particularly fillies, which was reflected in the clearance rate. However we can still take heart from the solid demand that continues for good commercial stock."