Performance Horse Auction - Equitana
The inaugural Performance Horse auction at Equitana Auckland was held on Saturday November 23rd 2019.
Although none of the 13 lots sold directly through the Auction ring, some were sold to bidders later that day, and negotiations to sell are still being undertaken on around 50% of the horses.
The horses were all of very high quality, were well presented and were well regarded by the great number of people who viewed them. There was a good amount of interest in all of the horses.
This was a premium auction of beautiful horses. The vendors were all wonderful and went into it knowing it is a new concept for buyers and sellers in New Zealand.
The NZWA worked very hard in conjunction with Equitana Auckland to get this Auction off the ground at it could not have been better run, nor could we have wished for a better range of talented, well-bred horses.
The auction ring was well presented and safe and a good crowd was present to see the horses put through the ring. However, as was predicted, New Zealand buyers were slow to put their hands up to buy at Auction, preferring instead to deal afterwards, away from the public eye.
That said, there were bids on a good number of the horses, with one being passed in once the bidding reached $40,000. This horse was sold for an undisclosed sum to the leading bidder at the end of the day.
The vendors got tremendous value for money in terms of their advertising dollar - each horse got great exposure and the networking between sellers was fantastic too. Each and every young horse behaved impeccably in the big atmosphere and will have grown and matured through the experience.
It is the intention of the NZWA to keep running this auction format as we know it will be a future avenue for breeders of quality horses. These were not cheap horses - it was not a dispersal sale of bargain bin horses!
Full credit to Sheena Ross from Sterling warmbloods for all her hard work in securing horses and registered bidders, plus Jill Russell for all her hard work behind the scenes.