The 1998 Eastern
Spring Sale
Hunter & All-Breed Session
The 1998 Eastern
Spring Sale
Hunter & All-Breed Session
A record for average sale price was set at the Third Annual Eastern Spring Hunter Sale, held on Sunday, April 19, 1998 at the Maryland State Fairgrounds in Timonium, Maryland. The rainy weather throughout the Demonstration of Sale Horses and the Sale did not dampen the bidding.
The sale averaged $2,315.38 on horses actually sold. "This was a great sale." Jennings stated "The bidding was very active and nearly every horse here brought fair value in the sale ring." Most of the horses offered for sale found new owners with 79% of the horse actually selling. Ponies sold well averaging $2,642.50 while prices for Arabians and Miniature Horses continue to be depressed. The average price for horses actually sold not including Arabians and Miniature Horses was a very strong $2,547.28. Buyers came from eleven states and Canada.
The Hunter Sale was held the day after the The 27th Annual Eastern Spring Sale for Quarter Horses and Paints. The Saturday session featured a record high price of $59,500.00 for the Quarter Horse Stallion, Obvious Cash.
The Eastern Spring Hunter Sale was managed by Professional Auction Services, Inc. of Leesburg, Virginia. Professional Auction Services, Inc. was founded in 1978 by Mike Jennings and Tim Jennings and has managed nearly 130 Horse Auctions with sales of over $50,000,000.00. Auctioneers for the Sale Mike Jennings and Tim Jennings of Professional Auction Services, Inc.
For complete results and further information contact Professional Auction Services, Inc. at (800) 240-7900.
|
Average Sale Price (horses actually sold): |
$2,315.38 |
High Low # # Not # %
All Horses Gross Average Seller Seller Sold Sold Out Sold
ALL Horses $120,400.00 $2,315.38 $7,400.00 $275.00 52 14 8 79%
Yearlings $1,775.00 $887.50 $1,500.00 $275.00 2 2 0 50%
2 Year Olds $12,125.00 $1,732.14 $5,000.00 $325.00 7 5 1 58%
3 Year Olds $2,400.00 $2,400.00 $2,400.00 $2,400.00 1 0 0 100%
4 Years + $104,100.00 $2,478.57 $7,400.00 $500.00 42 7 7 86%
ALL Horses $120,400.00 $2,315.38 $7,400.00 $275.00 52 14 8 79%
Mares $41,625.00 $1,982.14 $7,400.00 $500.00 21 3 3 88%
Stallions $6,450.00 $1,612.50 $5,000.00 $275.00 4 2 0 67%
Geldings $72,325.00 $2,678.70 $6,700.00 $350.00 27 9 5 75%
PONIES $26,425.00 $2,642.50 $7,400.00 $775.00 10 3 1 77%
Results WITHOUT Arabians & Miniature Horses
High Low # # Not # %
All Horses Gross Average Seller Seller Sold Sold Out Sold
$117,175.00 $2,547.28 $7,400.00 $500.00 46 11 8 81%
Contact Professional Auction Services today to find out how you, too, can take full
advantage of this phenomenal marketing opportunity.
