Appraising Thoroughbred racehorses is both an art and a science. The ability to provide an accurate appraisal requires extensive market knowledge, access to pertinent information, the latest research tools - and perhaps most of all - instinct.
Many factors can cause discrepancies between appraisal figures and actual sale prices. Fluctuations in the market, the timing and location of a sale, a horse’s preparation, marketing and various other sale conditions may affect the actual auction price. In addition, changes in a horse’s age, performance, breeding status, physical condition, or family events can cause rapid and considerable changes in value.
Ryan Mahan inspecting horses at Keeneland. |
At Mahan & Donaldson, we take all of these factors into consideration when assigning a value opinion to your Thoroughbreds. We also use the latest information and research tools available when assessing pedigrees, race records and sales results of comparable horses.
These tools, combined with years of experience and market knowledge, allow us to provide you with the most accurate appraisal possible for your Thoroughbreds.