A Lonhro filly from one of WA's most successful families topped yesterday's first session of the Magic Millions Perth yearling sale when she fetched $260,000.
Bloodstock agent John Chalmers bought the filly out of Most Secret, a former top two-year-old who is also the dam of Railway Stakes winner Covertly and Colonel Reeves Stakes winner and WA sire So Secret.
Chalmers won a spirited battle for the filly after bidding opened at $100,000. He was acting on behalf of Indonesian businessman Santoso Wirya.
The filly will be trained at Ascot by Wally Mitchell.
"I looked at her a long time ago and she's the most correct Lonhro you would find," Chalmers said.
"The mares from the family are being bred to top sires over east and there is a lot of upside in the family.
"It's very rare to get a filly with this much residual value in Perth and I thought she could have made $400,000 or $500,000 if she was sold over east."
Chalmers bought two other yearlings with impressive pedigrees - a Medaglia d'Oro-Kalatiara filly for $140,000 and a Blackfriars-Card Queen colt for $110,000.
It was tough going for most breeders during the middle of the first session yesterday when the clearance rate dipped as low as 66 per cent but it recovered to finish at 76 per cent with 131 lots sold at an average of $57,591 and 41 passed in.
Local buyers such as Neville Parnham, Trevor Andrews, Paul Jordan, Dion Luciani and Dan and Julie Love stepped up in the absence of Asian buyers.
Dawson Stud had a top start to the sale with the Lonhro-Most Secret filly, the Medaglia d'Oro- Kalatiara filly and a Testa Rossa-Tantra Dancer colt which sold for $190,000.
Bloodstock agent Damien Wyer was the successful bidder on the colt. He bought last year's sale-topping yearling, now the good two-year-old Petrol Power, for $240,000.
"His conformation is perfect and he's huge and big-boned," Wyer said of yesterday's buy.
WA owner Craig Thompson was an underbidder on the colt but later secured an equally impressive colt, by Choisir out of Scenic Shot's half-sister Flight Path, for $190,000. He will be trained by Trevor Andrews.
Thompson also bought a Wanted-South Terrace colt, to be trained by David Harrison, for $170,000.
Luciani paid $150,000 for a Rock Of Gibraltar colt out of top producing mare Born Priceless.
Parnham paid the same amount for a Flying Spur-Imaginaire colt.
"I thought she could have made $400,000 or $500,000 if she was sold over east.""Bloodstock agent *John Chalmers *