A curiosity
Just was perusing BH.com and saw an article on how popular the Indian Charlie 2yos were at the just concluded auction, when I came across this weird tidbit.
Two months ago, the $300,000 colt was acquired for just $13,000 by Sonia Chapman at the Ocala Breeders’ Sales Co.’s March 2-year-old sale from Jerry Bailey Sales Agency, agent. He was also consigned to the 2010 Keeneland September yearling sale, but failed to meet his reserve when the bidding stopped at $70,000.
How can a horse go from 70k to 13k in six months, then all the way up to 300k just two months later???????
The first part I can easily see, but 13k to 300k in two months? What could possibly explain that?
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