Paddling Upstream in a Down Market

September 28, 2009

Thank you to our loyal customers who made the Keeneland September Yearling Sale so successful.    

Lantern Hill sold 16 of the 18 yearlings sent through the ring during our four sales days.  On three of those days the yearlings' averages ranged from 35% to 97% more than the average of the other yearlings selling that day. 

Lantern Hill’s Keeneland September

2009 Sales Results

Lantern Hill yearlings average: $64,125, with a median of $52,000

Keeneland September Sale average:  $60,734 and median of $22,000.

Book 2 (Thursday)

Two horses through ring / two sold:

• Average $205,000 (97% above session average)
• Median $205,000

Session average  $103,911 and median was $75,000;

(Photo at right: LHF sales topper, Tapit-On the Town, sold to Bob Baffert, Agent)

Book 4 (Monday)                                              

Five horses through ring / five sold:

• Average $54,200 (35% above session average)
• Median $54,000

Session average was $40,043 and median was $27,000;

Book 5 (Wednesday)

Eight horses through ring / seven sold:

• 4^th leading consignor of session, second highest priced yearling of session, highest priced Dehere yearling of 2009
• Average $47,900 (78% above session average)
• Median $15,000

Session average was $26,919 and median was $18,000;

Book 6 (Saturday)

Three horses through ring / two sold:

• Average $4,750
• Median $4,750

Session average was $11,009 and median was $5,500