August 18, 2012
The New Mexico-bred Quarter Horse and Thoroughbred Sale showed gains after the two sessions, the first night for Quarter Horses and the next night for Thoroughbreds.
Updated figures revealed that the total sale average was $9,147, up from $9,041 in 2011. The Thoroughbreds led the gains, from an average of $8,483 per head last year to $9,071 this year after previous figures were reevaluated. This is an increase of nearly 7 percent. The Quarter Horse yearlings showed a modest decline from $9,325 last year to $9,193 this year in the final analysis. Each breed showed massive gains over 2010 figures when the total sale average was $5,971 (up 53 percent) with Thoroughbreds averaging $4,803 (up 89 percent) and Quarter Horses averaging $6,886 (up 33.5 percent).
Topping the sale was Veramonte, a son of Jessie James Jr and Wild Vines. He was consigned by MJ Farms and purchased by Bob and Delores Gerhardt for $92,000. Wild Vines is the dam of Grade 1 Rainbow Futurity winner Wild Six, who earned more than $600,000.
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