Magic Millions Gold Coast Yearling Sales Report

Want to buy a yearling? Well, based on the average price paid at the Magic Millions Gold Coast sale held over the last four days, you'd need to have a cool $182,000 to spare!

The first section to the 2007 Conrad Jupiters Magic Millions Gold Coast Yearling Sale came to a close on Sunday with new records claimed across the board. Over the four days some 595 yearlings changed hands with records for the sale aggregate, average price and top prices for both colts and fillies set during a hectic four day sale that made headlines around the world.

All up over $108 million was traded at a record average price of $182,191. The sale aggregate leapt some 35 per cent on last year's figures and the average also soared an impressive 30 per cent. Highlights of the four day auction included the $2 million paid by champion trainer Gai Waterhouse for a Sadler's Wells colt from Sunday Silence's Group One winning daughter Sunday Joy. Also on Friday the record for a filly at the sale was smashed when a sister to Redoute's Choice's Group One winning son Snitzel sold to Darley's John Ferguson for $1.4 million.

The sale kicked away to a brilliant start last Thursday when the Redoute's Choice colt from stakes winning mare Liberty Rose (pictured) was purchased by Lee Freedman for $1.5 million.