THE absence of a number of exceptional offerings in this year’s Tattersalls December Mare Sale catalogue had the expected effect of bringing the turnover down by 5%, dipping below 60 million guineas. However, the competitive nature of trade overall was demonstrated by a 32% jump in median and a 4% rise in average. The clearance rate this year was back by a single percentage point.

Not since 2004 when no lot made a million guineas or more has there been a lower number of such gems, with only Coplow making it into that rarefied territory in 2019. The lack of depth in this year’s catalogue was acknowledged by Tattersalls chairman Edmond Mahony in his closing statement on Thursday.

He commented: “Vibrant international demand is the hallmark of so many sales at Tattersalls and the 2019 December Mares Sale has yet again demonstrated the enduring appeal, not only of this historic fixture, but also of quality European bloodstock.

“The Tattersalls December Sale is an extraordinary magnet for thoroughbred breeders from throughout the world and this year’s sale has more than lived up to its reputation as probably the most international bloodstock sale in the world.

“We have been fortunate to have had some outstanding December catalogues in recent years and it may be fair to say that the 2019 renewal lacked a little of the usual depth, but buyers from throughout the world have competed fiercely for the best fillies and mares all week, and we can reflect on a very positive end to the Tattersalls sales season.

“A record breaking 27 lots sold for 500,000gns or more and the unprecedented 81 lots which made 200,000gns or more are a very clear indication of the sustained demand for the best European breeding stock and for the enduring appeal of the Tattersalls December Sale.”

He added: “Consignors from Britain, Ireland and France have all enjoyed conspicuous success this week and buyers from every continent in the world have all made a significant contribution, with the 30 highest priced lots attracting new domestic investment as well as buyers from America, Australia, France, Japan, Saudi Arabia, South Africa and Spain.