Pinhooker’s diary: fist-fights and blue bloods
Jeremy Brummitt: "sales season can become a very long trudge"
PICTURE: Tattersalls Pinhooker's diary: blue bloods and fist-fights
Pinhooker Jeremy Brummitt reports from Tattersalls on Thursday to give an insight into how a breeze-up consignor operates
Thursday was a fairly low-key day for myself and Johnny [Hassett].
We've found it tricky to reconcile the market with the individual, but we did manage to buy two for Seven Hills Bloodstock, the first a Big Bad Bob colt for 30,000gns. We were also very surprised to get what we thought was the best-bred horse in the catalogue, a Cityscape colt for 20,000gns. The third dam bred a Derby winner, Erhaab, which is a very unusual attribute to find in Book 3.
I've seen 8,000 yearlings go through the ring this sales season. That means 7,980 of them have been frustrating. You've either wasted your time because you've been outbid or you've wasted your time because you didn't even try to buy them. However, there's no room for doing this business if that frustrates you.
Johnny and I certainly don't begrudge any other pinhookers success. If you've got confidence in your own ability the only thing that can undermine you is not being able to spread your risk widely enough.
The problem for people spending six-figure sums on horses to breeze is that in order to get security you really need five or six of those horses. That means you need to get half a million for two of them.
There aren't many people out there who will give you that kind of money for a breezer. The Shanghai Bobby colt sold by Rathbarry on Wednesday is going to America, where people will give you three times what he cost [240,000gns] if you do the right breeze.
It would be nice to have a night in my own bed and I'm hoping to get a couple in before I have to get the overnight ferry to get to Arqana.
The sales season can become a very long trudge, and it's a remarkable testament to the good nature of the bloodstock community that there aren't open fist-fights by the time Book 3 comes around because we've all been looking at each other for the last ten weeks!
Leave us a comment!
Share this story:
Subscribe to our Newsletter today to receive Free Horse Racing Tips.
Simply fill out the form below and wait for the Free Tips to land in your inbox.