2007 P.S.I. Auction

Fine Time, Price Highlight of the 2007 PSI Auction

December 10, 2007

The 6-year old Westfalian gelding Fine Time became the price highlight of the 2007 PSI Auction in Ankum, Germany, December 9, 2007. Fifty-three show jumping and dressage horses were auctioned in total, achieving a total turnover of more than twelve million euro. Several renowned international equestrian sport moguls purchased ultra-expensive, top quality horses at the PSI Auction, which is known to be the best and most exclusive auction of sport horses in the world.

The liver chestnut Fine Time (by Florestan) sold for 780,000 euro to a British buyer. The second most expensive horse was paid for Dancing Elvis (by Del Piero). He sold for 700,000 euro. The same price was paid for the show jumper Cordioan (by Cardino). The reserve Bundeschampion London (by Londonderry) sold for 250,000 euro, and the licensed stallion Samba Hit III for 280,000 euro.

Amongst the celebrity buyers, former number 1 tennis star Martina Hingis and her new boyfriend, Ukrainian tycoon Aleksander Onishenko (who sponsors the entire Ukrainian show jumping team) were counter. The 'cheapest' horse was Luce del Sol (by Lord Sinclair) which sold for 40,000 euro.

The average price for a horse at the 2007 PSI Auction was 236,490 euro.

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