Professional Auction Services, Inc. 1999 American Hunter Pony Classic Results

The 1999 American Hunter
Pony Classic

Welsh Mare brings record price of $50,000 at the American Hunter Pony Classic

A standing room only crowd watched a four year Welsh mare set a new record high price at the American Hunter Pony Classic, held August 12, 1999 at Commonwealth Park in Cupeper Virginia. When auctioneer Mike Jennings dropped the gavel and said sold, Lake View Pocketbook had topped the sale selling for $50,000.00. The VPBA and Welsh registered daughter of Carolinas Red Fox was out of Hip Pocket, the only daughter of multiple AHSA Horse of the Year, Shenandoah Opal and was by Cymraeg Rainbeau. Lakeview Pocket Book was sold by Richard Taylor. s Venture Farm as agent to Vickie Hanson, agent.

Every significant record for the American Hunter Pony Classic Auction was broken. The 1999 sale set new marks for the Highest Price ($50,000), Highest Average Sale Price ($7,755.28), and highest percentage sold (87%) of any sale held with the AHSA Pony Hunter Finals. . This helps prove that the auction method of marketing is the most efficient and effective way to sell a quality pony. The Thoroughbred industry has known this for a century and the Quarter Horse and Paint industries are moving that direction. said Tim Jennings, Vice President of Professional Auction Services, Inc. "The show Hunter and Jumper markets are just realizing how effective auctions can be."

The second High Selling Pony, Smirf, sold for $30,000.00 to Lisa Schierholz of Missouri and was sold by Edna Lytle of Maryland. Smirf is a 6 year old Welsh Cross mare by Liseter Star Jasper. The High Selling Gelding,Talisman, fetched a price of $22,500.0 and was sold by Richard Taylor. s Venture Farm as agent to Connie Mechlin of Missouri. Talisman is a 5 year old is registered VPBA and Welsh and was 1995 Devon Breeding Champion.

The sale averaged $7,755.28 on ponies actually sold. "This was a great sale." Jennings stated "The top twenty ponies sold for an average price of $17,560.00. . Nineteen ponies sold for $10,000 or more.

The American Hunter Pony Classic 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 160 Horse Auctions with sales of over $59,000,000.00. Auctioneers for the Sale were Mike Jennings and Tim Jennings of Professional Auction Services, Inc.

Sale Average (horses actually sold):	$7,855.28
Gross Sales:	$550,625.00
Top 5 Ponies Sold Average Price:	$30,740.00
Top 10 Ponies Sold Average Price:	$24,080.00
Top 20 Ponies Sold Average Price:	$16,008.33
VPBA Ponies Average Price	$10,537.00

                                           High       Low        #     #Not  #    
All Ponies      Gross        	Average    Seller     Seller     Sold  Sold  Out  
----------------------------------------------------------------------------------               
All Ponies  	$550,625    	$7,755     $50,000    $800       71    11    6
Yearlings  	$6,150  	$1,538     $1,900     $800        4     3    0
2 Year Olds 	$16,250 	$3,250     $7,000     $2,000      5     1    0
3 Year Olds 	$82,350 	$7,486     $17,400    $1,900     11     3    2
4 Years + 	$413,375 	$9,186     $50,000    $825       45     4    4
                                

All Horses  	$550,625         $7,755     $50,000    $800       71    11    6
ALL Mares   	$294,550         $9,205     $50,000    $1,000     32     6    2
Geldings    	$256,075         $6,566     $22,500    $800       39     4    4

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