Quote:
Originally Posted by Saratoga_Mike
Typically, you'd hold back and sell them as yearlings, but this was a dispersal of all of Evans' stock, I believe.
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There are many horses sold as weanlings every year. A superb weanling can bring multiple hundreds of thousands of dollars.
Some end-users may buy weanlings, and others are buying to pinhook and hope to make a profit when they sell as yearlings.
What's really unusual is in Japan they sell foals. Here's one that sold for $1+ million at just 3 months of age at the recently concluded July sale:
http://www.jrha.or.jp/select/2013/407.html