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Steady Third Day at Keeneland January Sale

The third day of the Keeneland January horses of all ages sale saw a Medaglia d'Oro yearling colt make headlines while steady interest in both yearlings and broodmares helped the median nearly double compared with last year comparable session.

Third-session median registered $13,000, up 73.33% compared with the same session of 2012. Total sales for the day were up 16.4% to $4,953,900 and average improved 34.86% to $21,823. In fact, gross receipts from the first three sessions, $40,299,000, already have surpassed total sales of $37,991,900 recorded for last year's four-day auction.

Keeneland director of sales Geoffrey Russell said he saw the improved median during the third session as a sign of an improving market and acknowledged that he was a bit surprised by the $350,000 colt, the highest-priced newly turned yearling colt to sell through the first three days, and second only to a $1.45 million filly among all yearlings offered through the first three sessions.

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