Heritage Sale Concludes with Records

Three-day auction in Oklahoma City smashes records for gross, average, median and number sold.

November 3, 2012

Heritage Place

The Heritage Place Fall Mixed Sale concluded a record-setting three-day event on Saturday in Oklahoma City. The gross, average price, median price and number of horses sold all reached unprecedented heights for the sale's fall venue. In addition, the repurchases were at a record low for the sale company.

"We had an incredible sale this weekend. The demand remained strong through this final day and the repurchases remained at an all-time low," Spence Kidney, Heritage Place Operations Manager, said late Saturday. "It was an exciting weekend for anyone in the Quarter Horse racing industry."

The 794 head that were sold grossed $12,520,050 and averaged $15,768. Their median was $6,600. Compared to a year ago, the number sold was 389 for a $3,321,400 gross and the average was $8,538 with a median $3,500.

A Dash Of Sweet Heat topped the sale in the first session on Thursday when Juliana Hawn Holt paid $1 million, the highest price ever for a 2-year-old racing Quarter Horse at auction. Heritage's previous auction record was established at the 2010 Winter Mixed Sale when broodmare Dashin Follies brought at a final bid of $875,000. A Dash Of Sweet Heat is the second-highest Quarter Horse of racing age sold at auction. Queen For Cash, the 1981 champion 3-year-old filly, sold in 1982 for $1.1 million.

Holt, of Blanco, Texas, purchased A Dash Of Sweet Heat from the VSE Consignment on behalf of the Department of Treasury. The Mr Jess Perry filly, out of former Broodmare of the Year Corona Chick, had previously been the high-selling yearling at the 2010 Ruidoso Select Yearling Sale for $650,000. The A Dash Of Sweet Heat Partnership purchased her at that sale from Mrs. Hawn, who was her breeder. It is not known if Mrs. Holt will return the mare to race training or retire her to her elite broodmare band. The filly finished third in her only start in a trial for the Ruidoso Futurity (G1) in May.

Judy McDonald Stephenson purchased the second- and third-highest sellers, a pair of 2-year-old full sisters by leading sire Corona Cartel out of the Strawfly Special mare The Long Straw, in the sale's final session Saturday. Ms. McDonald paid $300,000 for The Cartel Straw, who finished second in the Grade 2 Kindergarten Futurity at Los Alamitos Race Course in May, and $200,000 for Super Long Straw, who was a finalist in the same race. Both fillies were from the VSE Consignment on behalf of the Department of Treasury.

Mrs. Holt was the sale's leading buyer with the one purchase for $1 million while Ms. McDonald Stephenson was the second-leading buyer with the two fillies for a total of $500,000. Charles E. Robinson purchased eight head for $386,000, and Melvin Neugebauer had 12 purchases for $341,500.

VSE Consignment on behalf of the Department of Treasury was leading consignor with 339 head bringing $8,740,300. JEH Stallion Station, agent, sold 23 head for $285,100, 6666 Ranch, agent, had 14 head bring $247,900 and Lazy E Ranch, agent, sold 20 head for $207,900.

For Heritage Place Fall Mixed preliminary sales results, including hip-by-hip prices, CLICK HERE.