Frankel weanling fetches €1.8m at auction

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The Frankel-Finsceal Beo filly who fetched €1.8 million.
The Frankel-Finsceal Beo filly who fetched €1.8 million.

A weanling filly by supersire Frankel has sold for €1.8m ($US2.2m, $NZ2.8m) on the final day off the Goffs November foal sale in Ireland.

Consigned by Al-Eile Stud, the filly out of dual classic winner Finsceal Beo sold to Dermot Farrington. Finsceal Beo was champion two-year-old filly in Europe in 2006, and joint champion older mare in Ireland in 2008. She is the dam of two winners, who both fetched high prices at auction; Too The Stars (by Sea The Stars), who sold for €800,000 as a foal, and Ol’ Man River (Montjeu) who fetched €2.85m as a yearling.

The eight-month-old Frankel filly is the highest priced foal ever sold in Ireland, and Goffs Chief Executive Henry Beeby said she was always going to be “the jewel in the crown” of the sale.

“She attracted all the attention she promised with an opening bid that has surely never been matched for a foal anywhere. Her €1.8 million is the record for an Irish foal by nearly a million and is the highest price in Europe since 2002.”

Beeby said increases were recorded across the board on each day of the four-day sale, with turnover for the entire sale up by 52% to €27,504,700 over 2013 while the number of six figure sales more than doubled.  Average price grew by a remarkable 41% to €37,068, median was up 29% to €22,000 and the clearance rate was 85%.

“The vibrancy of the trade is clearly illustrated by the number of 6 figure lots that rose from 19 last year to 42 and, remember, the last few years have advanced significantly, whilst a clearance rate of 85% is truly incredible for a catalogue of this size,” Beeby said.

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