Australia, 9 June 2009

Leading local trainer John Wallace purchased the two top-priced lots of the first session of the Magic Millions National Yearling Sale on the Gold Coast on Tuesday.

Wallace, who trains recent Sires' Produce Stakes winner Shoot Out, went to $220,000 to secure the day's highest seller, a colt by Danehill's leading sire son Flying Spur.

Consigned as lot number 1672, the brown or grey colt is a half brother to the recent All Aged Stakes winner and Stradbroke Handicap runner-up Danleigh.

Wallace went head to head with leading Queensland based bloodstock agent John Foote for the much admired yearling from the draft of Vinery Stud.

The second highest priced lot, an Encosta de Lago three quarter sister to former champion race filly Alinghi, made $145,000 to the bid of Wallace.

Offered at the auction by Coolmore Stud, the filly is the third living foal of the unraced King's Theatre mare Major Drama.

There was no surprise that Wallace's third purchase for the day was Lot 1707 for $45,000.

That youngster offered by Canning Downs is high Shoot Out's sire High Chaparral.

Graeme Rogerson snapped up the day's third highest priced seller - a Zabeel colt from the stakes winning mare Just Polite - for $135,000.

Leading syndicator Dean Watt, buying under his Dynamic Syndications banner, went to $115,000 to buy the Jet Spur half brother to La Montagna from the draft of Oakwood Farm.

Also in the action today was kiwi based buyer John Bromley who purchased a filly by Galileo for $62,000.

Last week Bromley experienced the thrill of seeing Princess Coup, a mare he part owned with Ray Coupland, sell for an all time Magic Millions record price of $3 million at the National Broodmare Sale.

The agent who purchased Princess Coup at this sale as a yearling, David Ellis, had three yearlings knocked down to him today - fillies by Mossman and Danehill Dancer and a colt by Tale of the Cat.

Over $2.5 million was traded on 113 yearlings today at an average price of over $22,600 and clearance rate of 72 per cent.

"Today's average is actually up on last year's two session select sale from last year," Magic Millions Managing Director David Chester said.

"We had a good buying bench with plenty of big name trainers and owners here today."

Session one statistics

Lots Sold: 113
Session Aggregate: $2,554,500
Average Price: $22,606
Top Price: $220,000
Lots Withdrawn: 42
Lots Passed: 44
Lots Catalogued: 200
Sold %: 72