Potential Asset and Halter Mare are Top Sellers in December Online Auction
December 20th, 2014 6:48 PM | No Comments
“The 2014 December Online Auction, showed a strong market for quality Halter and Pleasure breeding stock,” according to Mike Jennings of Professional Horse Services, LLC. “The increase in prices through this year indicates a turn-around in the market for good horses.”
Potential Asset was a close second for the highest selling horse in the sale. Steve Heckaman sold the AQHA High Point Performance Halter Stallion, Superior Western Riding and top Western Pleasure stallion for a negotiated price of $19,000 to Scott and Sandy Hilbert of Abbottstown, Pennsylvania. The Hilberts will be standing Potential Asset to the public in 2015. Watch for information about their introductory breeding fee of $850, with consideration to proven mares. Contact Scott at 717-497-4800 for more information.
The High Seller, at $19,100, was Sure Foolin Someone, an ROM Halter mare by Kid Ocala, and the only mare in the World in foal to Leading Halter Sire, Touchdown Kid. The mare was consigned by Don Falcon of Falcon Quarter Horses, Louisiana, and sold to Kelli Butler from Oklahoma.
This was the first time the company had offered frozen semen in an online auction. The 4 lots of frozen semen from World Champion and World Champion sire, Execute, sold for $10,600 to Terry Bewley of Arkansas. This price was higher than the seller Andre Portelli, of Australia, had paid in the US Marshals auction of Rita Crundwell’s assets.
The December Online Auction offered horses and frozen semen from sellers from 21 States and Australia. Buyers from 17 States and Canada purchased through the sale.
The average price of $3,398 per lot was 29% higher than the 2013 average price of $2,639. With the same number of horses in both sales, the 2014 gross sales figure of $139,350 was up 26% from the $110,825 posted in 2013. The price of the high seller, at $19,100, improved by 100% over the 2013 high seller at $9,500.
The cumulative results for Online Auctions produced by Professional Horse Services, LLC has risen to 635 sold for $1,921,475.
The January Online Auction is the 46th Annual Eastern Mid Winter Sale and will close on January 21. In addition to horses, an auction for Tack, Show Clothing and Equipment will be held which closes on January 20. Enter horses by January 2 and Tack and equipment by January 9.
Mike and Stephanie Jennings of Professional Horse Services, LLC, in Round Hill, VA produced the auction.