Pride of Poland Arabian horse auction brings EUR 410,000 total
PR dla Zagranicy
Victoria Bieniek
14.08.2017 08:19
Six of 25 horses were sold in Sunday's prestigious Pride of Poland Arabian horse auction for a total of EUR 410,000 (PLN 1.7 million), a fraction of last year's result.
Prunella fetched the highest price at the auction on Sunday. Photo: PAP/Wojciech Jargiło.
A champion three-year-old mare named Prunella fetched the highest bid of EUR 150,000 and was sold to a Czech buyer at the world-famous Arabian Horse Gala in Janów Podlaski, eastern Poland.
Twenty four mares and a stallion were up for auction, but bidding on 19 of them did not reach the reserve price.
“It does not worry us that we sold so few horses, but those that were were sold at good prices,” the CEO of Poland's oldest state-owned stud farm at Janów Podlaski, Sławomir Pietrzak, said, adding that there is an “over supply” of horses on the market.
Meanwhile, the CEO of Poland's largest Arabian stud farm in Michałów, in the country's south, said: “We are not altogether happy with the number of horses sold”.
Michałów stud farm's former CEO Jerzy Białobok said 2017's auction was the worst yet.
In 2016, of 31 horses on auction, 16 were sold for nearly EUR 1.3 million, with a mare named Sefora going under the hammer for EUR 300,000, while a record EUR 1.4 million was paid in 2015 for 10-year-old mare Pepita.
The Pride of Poland auction was the highlight of the Arabian Horse Gala which started on Friday.
Twenty-nine mares are set to be up for sale during a “Summer Sale” auction on Monday. Last year's Summer Sale saw 18 horses sold for EUR 409,000. (vb)
Source: PAP