NYCHA Online Stallion Auction Passes $100,000 Mark, Now Purchase Unsold Breedings at 60% Discount

NYCHA Online Stallion Auction Passes $100,000 Mark, Now Purchase Unsold Breedings at 60% Discount:

(Fort Worth, TX) – The results are in for the National Youth Cutting Horse Association’s annual online stallion auction. Initial bidding ended on Jan. 17, and the NYCHA is excited to announce this year’s initial bidding brought $101,150 – a 32 percent increase from last year and highest total in a three-year history.

More than 400 bidders to date have registered for the 2012 NYCHA Online Stallion Auction. Initial bidding featured 104 breedings up for grabs to the highest bidder. In the end, One Time Pepto, 2011 NCHA Freshman Sire of the Year, was the highest seller and sold for $2,000 more than his advertised breeding fee. He and three other stallions – Metallic Cat, High Brow CD, and Bet Hesa Cat – all sold for more than their advertised breeding fee. The website has hosted more than 9,000 visitors since the auction began in October 2011.

“We are extremely excited to have received more than $100,000 from initial bidding alone,” said NCHA Youth Coordinator Dayna Smith. “The stallion auction is the primary fundraiser for the youth, and I am so grateful to all the donors and bidders who have contributed to the success of this year’s auction.”

Initial bidding was the first of two phases of the Stallion Service Program. Phase two allows mare owners to purchase any of the unsold breedings from the auction (as well as any breeding donations taken from now until June 1 when the online auction ends) at 60 percent of the advertised breeding fee on a first-come, first-served basis. To purchase a breeding at 60 percent of the regular fee, log on to www.nychastallionauction.com, find the breeding you’d like to purchase, and click “buy now at 60%!”

The NYCHA is a self-supporting branch of the 20,000-member strong National Cutting Horse Association. The Stallion Service Program is the NYCHA’s most revenue-generating fundraiser, and provides $80,000 to $125,000 for youth scholarships and programs annually.

The National Cutting Horse Association has more than 20,000 members from a wide range of backgrounds. Each year more than 2,200 NCHA-approved events are held throughout North America, with more than $43 million in prize money awarded. For more information visit www.nchacutting.com or call (817)244-6188.

Related posts:

1. 2012 NYCHA Stallion Service Auction is Underway
2. Bidding in Professional Auction Services’ First Online Horse Auction Starts Tomorrow
3. Breed to Top Stallions in the Nation With NSBA 2012 Stallion Incentive Fund Breedings