38th Annual Triangle Spring Sale Makes History with $7,000 Average
Author: Jim Ware's Triangle Sales
May 8, 2017
FOR IMMEDIATE RELEASE
Shawnee, Okla.— The Triangle Spring Sale, held Sat. April 29, achieved a net sales average of $7,000 per head, marking a historical record in the company’s 38-year history. Buyers traveled from 17 states amid heavy regional rainfall, to purchase 200 head for an 85-percent sales completion (less those withdrawn) and reach a lofty top 10 average of $24,100.
The one-day sale was held in Shawnee’s Heart of Oklahoma Expo Center and began with demonstrations, followed by a multiple-session sale. Strong sales generated a top 50 average of $13,500, and led to 37 new additions to Triangle’s “Top $10,000 Club,” now numbering 118 head from two sales in 2017. Triangle Sales’ owner, Jim Ware established the “Top $10,000 Club” in 2015 to designate horses selling for more than $10,000.
Helping to shape the Spring Sale’s impressive net average was a $9,200 average on 59 geldings sold under saddle, reflective of the increasing demand for quality, performance-based horses, particularly those ready to ride. The demand has prompted steady gains seen in recent sales. Triangle’s Winter Sale sold 81 horses for more than $10,000; the 2017 Spring Sale’s $7,000 average is up from a $5,750 average in 2016.
Averages for the Spring Sale by session:
Cutting Horse Session
National Cutting Horse Association (NCHA) Money Earners, $13,300; Yearlings, 2 & 3-Year Old Prospects, $7,500; Broodmares, $9,800
Select Reining Session
National Reining Horse Association (NRHA) Money Earners, $14,000
Ranch Geldings and Mares, $5,700; Ranch Prospects, $4,100
The high seller overall and high selling cutting horse was lot 94, GS The Iceman (Smart Little Lena x Cruel Jewel x Lenas Jewel Bars), which went for $50,000. Michelle Moore of Pawnee, Okla., was the consigning agent for the 2008 sorrel gelding. Second to this sale was $34,000 for lot 37, Scooters Stylish Oak (High Brow Cat x Scooters Stylish Oak x Docs Stylish Oak), a 2007 sorrel mare consigned by Meredith Ann Murray of Texarkana, Texas.
Next was DB Mates Brow (High Brow Cat x Mates Little Cokette x Smart Mate), a 2009 sorrel gelding consigned by Dan and Nancy Burkes of Gold Canyon, Minn., which sold for $30,000. And the fourth high seller and top selling reining horse lot, was number 104, Hesa Shiny Nickle (Shiners Nickle x King Bars Doc O Lena x King Bars Surprise). Cannon Quarter Horses, based in Waxahachie, Texas, sold the 2013 bay gelding.
Two $20,000 sales rounded out the top five. One was a 2010 red roan gelding consigned by Benjie Neely of Lyons, Ga. Neely consigned Smart Freckled Trona (Mr Peppys Freckles x Smart Little Trona x Smart Little Lena) as lot 54. Also at $20,000 was the highest selling ranch horse, Ms Whiskey Lady (Paddys Irish Whiskey x La Jolla x Streakin La Jolla). Flag Ranch LLC, based in Purcell consigned the mare in the Shawnee Session as lot 139.
Upcoming Triangle sales will offer a live cattle option in addition to the mechanical cow, and those sales will also continue to incorporate special sessions into their traditional line up.
The Summer Sale is scheduled for Aug. 11-12 and will feature a special reining session, “The Reining Kind!” The Fall Sale is slated for Oct. 27-29, which will include the second Triangle Future Fortunes Select Sale.
For more information, including full sale results, visit trihorse.com.