A $925,000 Snitzel filly defied the general yearling market gloom to stand out and top the Inglis Melbourne Premier Sale.
The filly, offered by Blue Gum Farm, was purchased by agent Dean Hawthorne on behalf of Jonathan Munz, and was one of five yearlings to sell for $500,000 or more on the second day of the sale.
However, the top-end highlights couldn’t hide the battles throughout the rest of the market, as clearance rate, average and gross all fell on the same first two days of the 2023 sale.
At the end of the Premier session the clearance rate sat at 76 per cent (77 last year), the average was $132,779 ($139,475), the median price stayed steady at $100,000, while the gross dropped some $1.3 million to $50.7 million shortly after the final Lot sold.
This post is for our free members
Thanks for your interest in The Straight. It looks like you are trying to access a free members article via an in-app browser on X, Facebook or LinkedIn. For the best experience, and instant access, sign on via the Social Sign In links below. You should only need to do this once.
If you wish to access or create an email-based account, please provide your email below. You will receive a link to click by email which will then open in your device’s native browser.