PROFITABLE MAGNUS

Breednet’s Tara Madgwick had this to say about the Magnus sale topper at the Sydney Classic.

At a sale where the average price is just $33,927 you could be forgiven for thinking it would be just the buyers doing the smiling, but at the 2011 Inglis Classic Yearling Sale this week there were some vendors well pleased with their return.
Eliza Park gave their young sire MAGNUS the best possible advertising he could get in presenting a top class filly by him from a mare with a pedigree that screams Easter, so it was no surprise to anyone when this first foal of Coconut Mamma fetched $170,000 to top the sale when bought by Blue Sky Thoroughbreds.
Bred by Dean Fleming, who also bred her mother, the filly offered a rare way into the celebrated Joie Denise female family that is owned almost exclusively by John Singleton.
Mr Fleming sold Joie, the dam of Coconut Mamma for $300,000 at the 2009 Inglis Broodmare Sale with Singo adding the mare to his collection, while Coconut Mamma was retained by Mr Fleming to breed on with.
Given Magnus stood at a fee of $27,500 in his debut season, the sale of this filly can only be seen as a positive and profitable experience for all.