The revised fortnightly format of gavelhouse.com Standardbred auctions has been paying dividends of late with entries for the next sale due online today by 7pm.
Bolstering the domestic buying bench have been Australian and Canadian-based enthusiasts with gavelhouse.com Standardbred representative Cam Bray heartened by the consistently strong results.
“Our last three sales have resulted in clearance rates of 83%, 88% and 88% with the highest price fetched being $27,000 in these sales,” said Bray.
“It’s now widely accepted as a tried and true platform to sell all Bloodstock and what has been most remarkable lately has been the demand for racing stock from our Australian-based trainers and agents.”
The next auction will launch at 5pm on Thursday 15 October and will run through until 7pm on Wednesday 21 October.
After entering the digital auction-sphere for Standardbreds just under a year ago, gavelhouse.com is upping the ante by increasing the frequency of their popular mixed stock auctions to fortnightly.
gavelhouse.com’s General Manager Haylie Martin believes the change will benefit all.
“The fortnightly auctions have been incredibly successful on our thoroughbred site and at a time in the industry where every dollar counts more than ever, this gives owners the opportunity to trade out of horses faster,” Martin said.
“This will also spread the workload for transporters and staff more evenly over the months while building momentum with buyers tuning in more often.”
In its short time online, gavelhouse.com Standardbred has made a big impression on the industry, becoming a valuable addition to the trading landscape both domestically and internationally.
Recently the site played host to parent company NZB Standardbred’s 2020 All Age Sale, which saw 138 lots sell for a turnover of $1,042,310 and the clearance rate topping 97%.
The highest price fetched for on the site to date is $52,500 for Alta Debonair (pictured above), an Art Major colt sold by Alabar NZ.
Entries for the next auction are set to close next Wednesday 15 July at 7pm, with the sale going live Thursday 16 July at 5pm running through until the following Wednesday 22 July.
Bidding will close from the first Lot incrementally starting at 7pm on 22 July.
For enquiries contact representative Cam Bray by calling +64 21 737 199 or emailing firstname.lastname@example.org.
Following the temporary suspension of equine exports last week due to a positive case of equine piroplasmosis, NZB Airfreight is confident that travel will resume shortly with increased testing and pre-export protocols.
The single case of the tick-borne protozoal disease was detected by the Ministry of Primary Industries and grounded flights just two weeks following the resumption of exports post COVID-19.
NZB Airfreight has since worked closely with MPI, the Department of Agriculture Australia and Asure Quality to ensure minimum delay and impact on future exports.
While new regulations and safety plans are already in place due to COVID-19, flights are set to resume in the next two to three weeks with a slightly longer lead in time due to new requirements of pre-export blood testing specifically for piroplasmosis.
NZB Airfreight Manager Greg Northcott is hopeful that New Zealand can regain nationwide freedom from piroplasmosis and return to a simpler exporting process that owners and breeders are accustomed to, once the investigation is completed.
“Thanks to the detail and traceability procedures of Cambridge Stud and the MPI Investigation team, they were able to quickly respond and provide confidence to our trading partners that exporting of horses could resume,” commented Northcott.
“We are aware of the urgency to get horses across to Australia and further afield for racing and breeding commitments.
“Our clients have been extremely patient given the COVID-19 restrictions and now the piroplasmosis set back that has caused a significant delay in exports, so we appreciate that and the tireless work of many officials to get freighting back up and running as soon as possible.”
NZB continue to work closely with all regulatory bodies, airlines and governments around the world to get travel lines open to all of our major racing jurisdictions.
For any queries or to book your horses flight, contact NZB Airfreight Manager Greg Northcott on +64 27 459 4995 or email Greg.Northcott@nzb.co.nz.
NZB Standardbred’s highly anticipated 2020 All Age Sale saw New Zealand’s largest breeding stock go under the digital hammer on New Zealand Bloodstock’s online subsidiary platform gavelhouse.com.
Despite initial COVID-19 uncertainty, the first-ever sale of its kind saw 138 lots sell for a total turnover of $1,042,310. The average reached $7,553 and the median settled at $4,550.
The confidence in the market over the past week of bidding has been reflected in the strong clearance rate, which topped the 97% threshold at the close of selling.
NZB Director and Operations Manager James Jennings was delighted with the outcome of the Sale.
“I think it’s a great result in light of recent and unprecedented circumstances.
“The support and commitment we received from vendors was echoed by the remarkable clearance rate and their enthusiasm to meet the market.
“There was a strong, international buying bench present and we are thankful for their participation in the Sale,” said Jennings.
The top-priced Lot of the session was an Art Major weanling colt out of Alta Camilla (Lot 75). The colt was secured for $52,500 by Stonewall Stud’s Jill Stockman from the draft of Alabar Farms.
“He is from a great family and is a very nice looking colt, we are happy to have secured him,” said Stockman.
Stockman had completed her research prior to the Sale taking place.
“The online bidding experience has been really good overall, it was certainly a different experience but Steve Telfer had gone to look at the horses first, so we knew exactly what we were bidding on.”
First season sires were in hot-demand this evening, highlighted by Stonewall Stud’s purchase of Lot 35, a Downbytheseseaside filly out of Revere Me for $50,000 from the draft of Woodlands Stud.
“She is a lovely filly and I think given her pedigree she would have made six figures had she gone through the ring next February.
“She definitely ticked all the boxes for us,” said Stockman.
Over the Tasman, prominent buyer Jean Feiss locked in Lot 26, another Woodlands Stud colt by Downbytheseaside out of Panforte for $26,000.
Feiss was pleased with her purchase, “normally I don’t go for first season sires but I just liked the type of weanling he was, that’s what attracted me to him.
“He could have been anything, I truly thought he was an outstanding weanling.”
The previous owner of Vincent herself, Feiss also secured two of his offspring, Lot 44 (ex Sheza Monkee) filly and Lot 103 (ex Delightful Lover) filly for $19,000 and $26,000 respectively.
“I really liked these two fillies, their breeding stood out to me as well as their exceptional type.
“Overall Vincent has produced some outstanding types and I hope they are going to represent his results on the track.
Feiss was pleased with the outcome of the digital format but is looking forward to getting back into the physical auction ring.
“I think given the circumstances it went very well, it has been great to see vendors rewarded and buyers being able to secure good stock but I think we are all looking forward to when things can go back to normal,” said Feiss.
Alabar Farms (NZ) General Manager Graeme Henley was elated with the result of his resident first season sire Vincent.
“We thought the Sale went great overall, the biggest thing we were thrilled about was how Vincent’s progeny sold.
“It was a great outcome for us and it was nice to see them receive the prices they deserve.
“It’s been a lot of work and a bit of a roller coaster leading up to the Sale but the results we achieved today has made it all worthwhile,” commented Henley.
First-time digital buyer Shane Sanderson was pleased with the simple online process on the gavelhouse.com Standardbred platform.
“It was easy for me to get verified as a buyer and a good experience. I ended up purchasing Lot 59, a Rock N Roll Heaven filly from a good producing family for $20,000. I actually trained one of the half-sisters so I was pretty happy,” said Sanderson.
Bidding is set to close on New Zealand Bloodstock Standardbred’s online All Age Sale today.
Final bids on the first Lot closes at 1pm and when this auction closes, final bids will then be taken on Lot 2 and so on and so forth as we work our way through the 148 Lot catalogue.
Those planning on bidding must familiarise themselves with the bidding tips below and can call +64 9 269 4436 should they have any questions.
As of Wednesday morning, just over half of the horses on offer have met their reserves. The two highest priced Lots thus far are Lot 75, a colt by Art Major in Alta Debonair and Lot 103 a filly by Vincent. Both sit on $26,000 at this stage.
Buyers will recieve an invoice this afternoon and have five working days to settle their accounts.
Make sure you’re registered and your account is set up properly, well before the auction is set to close.
If you are bidding from the listing page or your shortlist and are outbid, you must type in the next bid amount. The site does not automatically update the next bid amount.
Each auction will auto-extend by adding extra time on if a bid is placed in the final 30 seconds. This will happen indefinitely until no further bids are placed and will also add more time onto each of the subsequent Lots. Please note, there is no benefit in last second bidding as the site will only extend the auction for longer. Bidders are encouraged to get their bids on early.
Use auto-bids to take the stress out of the final countdown and use the refresh button to make sure your page is keeping up with the live auction.
gavelhouse.com cannot identify loss of online connection or browser issues at the user’s end. Even a slight loss of internet connection that may not be noticeable can interrupt the user’s browser in following the sale in real-time. Setting up an auto-bid is the best way to ensure your bids are placed.
Google Chrome or Safari are the recommended internet browsers.
gavelhouse.com staff are able assist in actively supporting both buyers and vendors during the sale, if you need a hand with registrations or bidding, we are available on phone +64 9 296 4436 or email email@example.com to help.
New Zealand Bloodstock Standardbred bosses are seeing the last-day flurry they expected as New Zealand’s largest ever online sale comes into the home straight.
NZB Standardbred’s All Age Sale finishes tomorrow on gavelhouse.com, the first time a major catalogue of standardbred horses has been sold on that platform in New Zealand.
Will gavelhouse.com has been active in in the standardbred market for over a year, the migrating of the entire All Age Sale catalogue with it’s very strong weanling component came about because of COVID-19 and has enormously boosted the registrations to the site, with 205 new potential buyers registered in the last week.
And there has been plenty of clicking in the last 24 hours as the Sale draws to it’s conclusion starting at 1pm tomorrow (Wednesday).
“The Sale starts the countdown to closing off at 1pm on Wednesday,” says NZB Director James Jennings.
“At 1pm the first lot starts its one-minute countdown to being sold but if anybody bids in the last 30 seconds that lot will auto extend for 30 more seconds.
“That is to stop somebody waiting until the last second to bid and other potential buyers not having the chance to counter bid.
“So once that lot is sold the next lot starts to countdown for its last minute and so on until the sale is complete.”
Jennings and his team have been thrilled with the response to the Sale, with 52 horses already having met their reserve.
“That is not only great for their vendors but also for the buyers because it shows that reserves have been realistic.”
Jennings says the Sale has been typical of Trade Me-style auctions when buyers know they have a week to bid.
“We saw a flurry of activity over the weekend when people have had more time to study the catalogue and bid.
“And we have been helping some of the newly registered buyers through that process.
“So the next 24 hours should be really exciting. But already we are thrilled the Sale has gone so well.”
One of the key attractions of the Sale is any weanling purchased will be eligible for the Harness Million series.
Pinhookers will also have the opportunity to re-enter their purchases for next February’s National Yearling Sale, at an unmoved entry fee of $950 plus GST for the Auckland Sale or $925 plus GST for the Christchurch Sale.
Entries for those sales open in June and will be made through the new NZB Standardbred portal which enables online entry, so no more paper forms.
The early numbers are very encouraging for New Zealand’s largest ever online standardbred sale.
And NZB Standardbred representative Cam Bray says that it is not just from the early bids on the All Age Sale that is online now at gavelhouse.com.
The Sale which would usually be held at Karaka migrated online due to the COVID-19 restrictions and early bidding has been very strong.
“Really, really promising,” says Bray.
“Obviously it is a week-long sale so bidding runs until next Wednesday, which is when things start to get serious.
“But we already have horses with bids of $27,000, $17,500 $12,000 and quite a few in that $5,000 range.
“That is a great start considering we have so long to go.”
The Sale is predominantly of weanlings and the top bid today (Friday) stands at $27,000 for Lot 35, a Downbytheseaside weanling filly out of Revere Me, an unraced sister to Have Faith In Me and Adore Me, therefore a rare chance to buy a filly from perhaps Australasian harness racing’s hottest family of the last decade.
Lot 75 from the Alabar draft is the brother to Alta Maestro sitting at $17,500 and certain to fetch far closer to six figures by Wednesday’s bidding cut off.
Bray says while the strength of early bids is more than encouraging he is just as excited by the new registrations to the gavelhouse.com standardbred site.
“We had 131 new registrations in the week to last Monday and about two thirds of those were from Australia,” says Bray.
“That puts us well over 1000 registered potential buyers and of course they might come back for other sales. So this sale is already strong but with real benefits for future sellers on the site.”
Bray said there had been strong interest from potential pinhookers looking to buy stock at a time of uncertainty and re-offer them at the yearling sales next February.
“I think there has actually been more pinhooking interest on gavelhouse.com than there would have been had it been under the usual sales format.”
Bidding is now avaliable for NZB Standardbred’s largest breeding stock sale, the 2020 All Age Sale on gavelhouse.com.
Lot 35 (Downbytheseaside x Revere Me)
Featuring 148-catalogued lots, bidding will remain open for registered buyers until Wednesday 27 May, with the first Lot closing at 1pm (NZT). To register click here.
Buyers have the opportunity to invest in a wide range of bloodstock with proven bloodlines and residual value, including siblings to Group One winners and progeny from Group One-winning dams.
When it comes to buying weanlings, for respected sales veterinarian Ivan Bridge it is all in the legs.
For the first time in New Zealand standardbred sales history, the entire All Age Sale run by New Zealand Bloodstock Standardbred goes online today on their gavelhouse.com platform, basically a Trade Me for potentially elite future racehorses.
The All Age Sale is usually held at Karaka but with the COVID-19 restrictions it has migrated online and the star attractions will be the weanlings, with huge drafts from both Alabar and Woodlands Stud.
While the Sale has already produced horses like millionaire Hard Copy, dual Derby winner Line Up and Southland superstar U May Cullect, it is even more attractive this year as the weanlings sold are eligible for the Harness Million series and can be pinhooked not only for yearling sales here but in Australia.
Inspection days at Alabar and three separate Woodlands properties on Tuesday saw plenty of trainers casting their eyes over the youngsters, some with the phones out Facetiming potential buyers from the South Island or Australia.
There is no doubt weanlings look greatly different from yearlings, mere babies as compared to teenagers.
So what does an expert look for when buying a weanling as opposed to the more finished product of a yearling?
“The legs are crucial,” says Bridge, the popular South Auckland vet used by so many sales buyers.
“You want their legs to be good, well conformed because that is something that may not change as much as they develop as something like them growing taller or filling out.
“You want the legs correct, or as much as they can be, not too turned out or facing in.
“Whereas their physical maturity isn’t as important because some horses develop at different rates. So that is what I have been looking at mostly this week, the legs.”
Bidding opens on gavelhouse.com at 5pm (NZT) on Wednesday and NZB’s James Jennings says the first step for potential buyers is to register.
“Gavelhouse is really easy to use and the vendors have done a great job with their videos and photos of the horses,” says Jennings.
“You can view the whole catalogue on the site at any time but it cost nothing to register. Once people have done they can bid or not bid but it gives them a chance to potentially snare a real bargain.
“And of course we will be using gavelhouse.com in its regular format for sales of broodmares, young horses and going horses all the time going forward.
“So my advice to people would be register, go have a look at the site and enjoy it and if those people can use it to find a horse they want, then even better.
“But is really is a tool for the whole industry, buyers and sellers.”
The NZB Standardbred All Age Sale runs for a week, with the countdown to final bids starting next Wednesday 27 May from 1pm (NZT). View the catalogue and register to bid online here.