The inaugural American Hanoverian Fall Auction was completed on October 27, 2014. The auction offered 29 Hanoverian mares, foals, young horses and riding horses and was conducted entirely on the Internet at www.sporthorseauctions.com. Flashpoint Bloodstock, LLC in conjunction with the American Hanoverian Society, produced the event.
Horses from eleven US States and two Canadian provinces were offered for sale. Sellers were located from across the continent, from California to Prince Edward Island, Canada and Florida to Washington and Oregon. Buyers from twelve US States bought horses.
The high selling horse was Balerina, an imported broodmare by Balou du Rouet x Cora – Certus. She sold in foal to Quilot Z. Balerina brought the top bid of $17,000. The American Hanoverian Society Fall Auction was the best internet auction for sport horses produced to date by Flashpoint Bloodstock, LLC. Thirteen horses were sold for an average price at $7,815 and median price at $7,000.
"This was a good first step to developing an market place for Hanoverians in North America. It will take time to mature and we are confident that it will. All of us at Flashpoint truly appreciate the support of the American Hanoverian Society and their members” said Tim Jennings of Flashpoint Bloodstock, LLC.
Jennings continued, “Hanoverian breeders are widely scattered across North America. It’s expensive for sellers and buyers to travel to a live auction in a country this big. Internet Auctions let sellers reach potential buyers from anywhere and buyers can shop for horses from home. People are used to buying on the Internet now. We added our extensive live auction experience to the new technology to create a dynamic marketplace.”
Like Flashpoint’s live auctions, the company does the marketing, handles the paperwork and the transaction. The bidding is done completely online during a specified time frame. Sellers’ horses stay at home and are presented to potential buyers on their online catalog page.
All horses were required to have a standardized veterinary examination that was available on the Internet. Riding horses were required to provide X-Rays.
Prospective buyers will have time to inspect horses, perform pre-purchase veterinary exams and correspond with Sellers.