Day 1 Record Average Achieved at MMGC

All up across the opening day over $35 million was traded on 142 lots sold at the Magic Millions Gold Coast Sale for a record Day 1 average price of over $248,000. The clearance rate of 85 per cent bettered last year's opening day figure of 83 per cent. "It was a really solid day's trade," Magic Millions Managing Director Barry Bowditch said. "We went in with a bit of trepidation with the internationals not here and a lot of Sydney not able to be here. Under the circumstances it was a huge day. Vendors have met the market - they're here to sell their horses and that's instilled confidence in the buyers to bid." Bowditch added, "The average price is up on last year's opening day, but it's the clearance rate that is the real highlight at about 85 per cent." To view the sale results and to make an offer on a passed in lot click here. Day 2 of the 2021 Gold Coast Yearling Sale commences at 10am (Qld time) today.

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Widden Stud had a brilliant opening session (pic: Steve Hart)