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Today, Tattersalls is the leading bloodstock auctioneer in Europe, selling 10,000 horses a year. It still prices horses in guineas (originally 21 shillings and now one pound and five pence ), in accordance with horse-racing tradition.
Keeneland Sales is an American Thoroughbred auction house in Lexington, Kentucky founded in 1935 as a nonprofit racing/auction entity on 147 acres (0.59 km 2) of farmland west of Lexington, which had been owned by Jack O. Keene.
In Thoroughbred racing, a claiming race is a type of horse race in which the horses are all for sale at a specified claiming price until shortly before the race. In the hierarchy of horse races, based on the quality of the horses that compete, claiming races are at the bottom, below maiden races (races for horses that have never won a race).
For example, at the 2007 Fall Yearling sale at Keeneland, 3,799 young horses sold for a total of $385,018,600, for an average of $101,347 per horse. [2] However, that average sales price reflected a variation that included at least 19 horses that sold for only $1,000 each and 34 that sold for over $1,000,000 apiece.
In 1984, Daniel R. Gernatt, Sr. stated that all of the horses that were part of Dan Gernatt Farms were for sale. [10] By 1994, he stated that horse racing was "no longer economically viable." [9] He stated that a horse from his farm needed to be sold for at least $4,000 in order to break even, and many horses were not being sold for that amount ...
Horse trading, in its literal sense, is the buying and selling of horses, also called "horse dealing". Due to the difficulties in evaluating the merits of a horse offered for sale, the sale of horses offered great opportunities for dishonesty, leading to use of the term horse trading (or horsetrading ) as a widespread metaphor for complex ...
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The November Sale currently holds three world records for horses offered at public auction: top-priced broodmare, Broodmare of the Year Better Than Honour, who sold for $14,000,000 in 2008; [8] top-priced broodmare prospect, champion Havre de Grace, who sold for $10,000,000 in 2012; [9] [10] and top-priced juvenile filly, Breeders' Cup Juvenile ...
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