Triangle Spring Sale Shows Continued Growth in Average

redman-gbRedman GB was the $41,000 highest seller at the Triangle Spring Sale. • Courtesy of Triangle SalesThe 2016 Triangle Spring Horse Sale, held March 18-19 at the Heart of Oklahoma Expo Center in Shawnee, Oklahoma, concluded with strong sales to wrap a successful first round of restructured sale dates for the venue. The total sale averaged $5,750, with an 82 percent sales completion, which continued a steady gain for Triangle Sales’ total sale averages.

The recent Spring Sale event featured demonstrations and a $10,000-added Triangle Versatility Ranch Championship competition on the March 18, followed by the sale the next day.

“I was about as pleased with it overall as any of our sales so far,” said Jim Ware, owner of Triangle Sales. “I consider several things at the close of sales, including the success with which we are able to meet reserves. Sellers had reasonable reserves, and in many cases we were able to sell horses above those reserves, which led to good sale statistics.

“This is the first sale we had that was a big, one day sale,” Ware added. “It allowed us to have our demonstration and our versatility competition the day before, and I think people liked that a lot. We will probably use a similar format in the future, even for our multi-day auctions.”

The sale calendar was restructured under new ownership last fall and includes Fall and Winter sales, along with the recent Spring Sale. This will also be the schedule maintained in the next sale cycle: Oct. 27-29; Jan. 26-18, 2017 and March 16-18, 2017.

The Spring Sale tallied a top 10 average of $23,800 and a top 20 of $17,900. Even the top 50 held a strong average of nearly $10,000. This helped contribute to Triangle Sales’ Top $10,000 Club, which is a designation for horses bringing more than $10,000, and has gained 81 horses thus far in 2016. Since its inception in the Winter 2015, the Top $10,000 Club has added 270 horses to its roster.

THe highest-selling horse was the second lot of the day, Redman GB (High Brow Cat x Peptolena Lucinda x Peptoboonsmal), a 2010 red roan gelding who sold for $41,000. Redman GB was consigned by Jonathan and Judy Rogers and purchased by Atwood Ranches of Colma, California.

The gelding’s National Cutting Horse Association (NCHA) record reflects $48,133 in earnings, with a third-place split in the 2014 Tunica 4-Year-Old Open Futurity. He was the 2014 Breeder’s Invitational Derby Senior Non-Pro Champion, and finished in the top 10 in the 2015 NCHA Classic/Challenge Limited Non-Pro, among other accomplishments.