Professional Auction Services, Inc.

2002 Eastern Mid Winter Quarter Horse Sale Results
(Results In PDF Version)
Sale Photographs



A record crowd took advantage of beautiful weather to  attend the 2002 Eastern Mid Winter Quarter Horse Sale.  The crowd, estimated at over 8,000 people, saw over 380 horses offered over the two days of the sale.  The sale was held on January 26 & 27 at the Virginia Horse Center in Lexington, Virginia. 

The High Selling Horse was Seven Zippers, a palomino Quarter Horse gelding bringing the top price at $19,000.   Seven Zippers was a PHBA (Palomino Horse Breeders Association)  Reserve World Champion Trail horse and earner of nearly 1,200 PHBA points. 

The High Selling Paint and High Selling Mare was Hints Heartlight, a Superior Halter mare selling for $15,000. 

The High Selling Stallion was Mr Gold Slicker, a two year old palomino colt sired by Mr Gold Conclusion.  The PHBA Honor Roll Top 10 Yearling Stallion sold for $7,700.

The overall average selling price was $3,382 with 77% of the all horses offered selling to new owners.  Median price was $2,700. 

The average price for American Quarter Horses was $3,538 with 78% of the Quarter Horses offered selling to new owners.  Median price was $2,750. 

The average price for American Paint Horses (APHA) was $2,888 with 71% of the Paint Horses offered selling to new owners. Median price was $2,300. 

The weekend began with a party, sponsored by Professional Auction Services, Inc. on Friday night.  The trade show, featuring nearly 40 vendors, was active all weekend. 

Prices were up from the 2001 Eastern Mid Winter Sale.  “The horse industry has been in a recession for a little over a year now.  This sale shows us that the market is stabilizing. commented Tim Jennings, Vice President  of Professional Auction Services, Inc.  “There is still significant weakness in the stallion market, but the rest of the market seems to be poised for a rebound.”

The Sale was managed by Professional Auction Services, Inc. of Leesburg, Virginia.  Professional Auction Services, Inc. was founded in 1978 by Mike Jennings and Tim Jennings  and has managed nearly 175 horse auctions with gross sales of over $78,000,000.  Auctioneers for the sale were Mike Jennings, Tim Jennings, Tony Langdon of Dallas , Texas and Joel White of Oklahoma City, Oklahoma.

For more information contact

Professional Auction Services, Inc.

(800) 240-7900

                                                                                              

                                                                                        High         Low                   # Not                            

                     All Horses      Average       Median           Seller      Seller     # Sold     Sold      # Out      % sold

                      All Horses......... $3,382........ $2,700........ $19,000....... $500......... 280........ 86......... 18........ 77%

                        Yearlings......... $1,711........ $1,700.......... $3,700....... $500.......... 18.......... 5........... 1........ 78%

                    2 Year Olds......... $2,563........ $2,200........ $12,100....... $500.......... 58........ 17........... 3........ 77%

                    3 Year Olds......... $3,777........ $3,000........ $14,500....... $625.......... 54.......... 9........... 4........ 86%

              4 Years & Older......... $3,756........ $3,200........ $19,000....... $700......... 150........ 55......... 10........ 73%

                                                                                                                                                                     

           Horses by Breed                                                   High         Low                   # Not                            

                                           Average       Median           Seller      Seller     # Sold     Sold      # Out      % sold

                     All Horses......... $3,382........ $2,700........ $19,000....... $500......... 280........ 86......... 18........ 77%

                            AQHA......... $3,538........ $2,750........ $19,000....... $500......... 222........ 63......... 13........ 78%

                     APHA - All......... $2,888........ $2,300........ $15,000....... $500.......... 52........ 21........... 4........ 71%

   APHA - Breeding Stock......... $2,158........... $800.......... $8,500....... $500............ 9.......... 1........... 1........ 90%

               APHA - regular......... $3,041........ $2,700........ $15,000....... $850.......... 43........ 20........... 3........ 68%

          ApHC (Appaloosa)......... $1,850........ $1,800.......... $2,000.... $1,750............ 3.......... 1........... 1........ 75%

                                                                                                                                                                     

                                                                                        High         Low                   # Not                            

                     All Horses      Average       Median           Seller      Seller     # Sold     Sold      # Out      % sold

                      All Horses......... $3,382........ $2,700........ $19,000....... $500......... 280........ 86......... 18........ 77%

                            Mares......... $3,275........ $2,650........ $15,000....... $500......... 167........ 43........... 7........ 80%

                         Stallions......... $2,431........ $2,431.......... $7,300....... $625.......... 20........ 17........... 2........ 54%

                        Geldings......... $3,797........ $3,100........ $19,000....... $700.......... 92........ 26........... 9........ 78%

                                                                                                                                                                     

                                                                                                                                                                     

                                                                                        High         Low                   # Not                            

                      All Mares      Average       Median           Seller      Seller     # Sold     Sold      # Out      % sold

                       All Mares......... $3,275........ $2,650........ $15,000....... $500......... 167........ 43........... 7........ 80%

               Yearling Mares......... $1,717........ $1,850.......... $3,700....... $500.......... 12.......... 1........... 1........ 92%

            2 Year Old Mares......... $2,656........ $2,100........ $12,100....... $500.......... 28........ 10........... 1........ 74%

            3 Year Old Mares......... $3,972........ $3,000........ $14,000....... $900.......... 23.......... 3........... 1........ 88%

    4 Years & Older Mares......... $3,468........ $3,000........ $15,000....... $750......... 104........ 29........... 4........ 78%

 

                    Bred Mares......... $3,571........ $3,100........ $15,000.... $1,300.......... 51.......... 5........... 2........ 91%

                   Open Mares......... $3,145........ $2,600........ $14,000....... $500......... 116........ 38........... 5........ 75%

                                                                                                                                                                     

                                                                                        High         Low                   # Not                            

                  All Stallions      Average       Median           Seller      Seller     # Sold     Sold      # Out      % sold

                    All Stallions......... $2,431........ $2,431.......... $7,300....... $625.......... 20........ 17........... 2........ 54%

            Yearling Stallions......... $1,850........ $1,700.......... $2,500.... $1,350............ 5.......... 3........... 0........ 62%

        2 Year Old Stallions......... $2,925........ $2,500.......... $7,300.... $1,250............ 6.......... 4........... 2........ 60%

        3 Year Old Stallions......... $2,238........ $2,500.......... $4,000....... $625............ 6.......... 2........... 0........ 75%

4 Years & Older Stallions......... $2,800........ $2,200.......... $5,200.... $1,100............ 3.......... 8........... 0........ 27%

                                                                                                                                                                     

                                                                                        High         Low                   # Not                            

                  All Geldings      Average       Median           Seller      Seller     # Sold     Sold      # Out      % sold

                    All Geldings......... $3,797........ $3,100........ $19,000....... $700.......... 92........ 26........... 9........ 78%

            Yearling Geldings........... $950........... $950............ $950....... $950............ 1.......... 1........... 0........ 50%

        2 Year Old Geldings......... $2,365........ $2,200.......... $4,800....... $950.......... 24.......... 3........... 0........ 89%

        3 Year Old Geldings......... $3,968........ $3,000........ $14,500.... $1,200.......... 25.......... 4........... 3........ 86%

4 Years & Older Geldings......... $4,581........ $3,700........ $19,000....... $700.......... 42........ 18........... 6........ 70%

Quarter Horses (AQHA)                                                          

                                                                                        High         Low                   # Not                            

              Quarter Horses      Average       Median           Seller      Seller     # Sold     Sold      # Out      % sold

          All Quarter Horses......... $3,538........ $2,750........ $19,000....... $500......... 222........ 63......... 13........ 78%

                        Yearlings......... $1,921........ $2,000.......... $3,700....... $500.......... 12.......... 1........... 0........ 92%

                    2 Year Olds......... $2,676........ $2,300........ $12,100....... $575.......... 46........ 15........... 2........ 75%

                    3 Year Olds......... $4,073........ $3,000........ $14,500....... $900.......... 42.......... 7........... 4........ 86%

              4 Years & Older......... $3,837........ $3,300........ $19,000....... $700......... 122........ 40........... 7........ 75%

 

                                                                                        High         Low                   # Not                            

              Quarter Horses      Average       Median           Seller      Seller     # Sold     Sold      # Out      % sold

          All Quarter Horses......... $3,538........ $2,750........ $19,000....... $500......... 222........ 63......... 13........ 78%

                            Mares......... $3,384........ $2,700........ $14,000....... $500......... 132........ 31........... 4........ 81%

                         Stallions......... $2,465........ $2,500.......... $7,300.... $1,000.......... 13........ 12........... 1........ 52%

                        Geldings......... $3,958........ $3,050........ $19,000....... $700.......... 76........ 20........... 8........ 79%

                                                                                                                                                                     

                                                                                        High         Low                   # Not                            

     Quarter Horse Mares      Average       Median           Seller      Seller     # Sold     Sold      # Out      % sold

                  All QH Mares......... $3,384........ $2,700........ $14,000....... $500......... 132........ 31........... 4........ 81%

               Yearling Mares......... $1,872........... $500.......... $3,700....... $500............ 9.......... 0........... 0...... 100%

            2 Year Old Mares......... $2,834........ $2,200........ $12,100....... $575.......... 20.......... 9........... 1........ 69%

            3 Year Old Mares......... $4,347........ $3,000.......... $9,200....... $900.......... 18.......... 2........... 1........ 90%

    4 Years & Older Mares......... $3,469........ $3,000........ $11,500.... $1,000.......... 85........ 20........... 2........ 81%

                                                                                                                                                                     

                   Open Mares......... $3,440........ $2,900........ $14,000....... $500.......... 92........ 28........... 3........ 77%

                    Bred Mares......... $3,254........ $2,650.......... $8,000.... $1,300.......... 40.......... 3........... 1........ 93%

 

                                                                                        High         Low                   # Not                            

Quarter Horse Stallions      Average       Median           Seller      Seller     # Sold     Sold      # Out      % sold

              All QH Stallions......... $2,465........ $2,500.......... $7,300.... $1,000.......... 13........ 12........... 1........ 52%

            Yearling Stallions......... $3,067........ $2,200.......... $2,500.... $1,500............ 3.......... 1........... 0........ 75%

        2 Year Old Stallions......... $3,190........ $2,500.......... $7,300.... $1,250............ 5.......... 3........... 1........ 62%

        3 Year Old Stallions......... $2,533........ $2,500.......... $4,000.... $1,100............ 3.......... 2........... 0........ 60%

4 Years & Older Stallions......... $3,100............................ $5,200.... $1,000............ 2.......... 6........... 0........ 25%

 

                                                                                        High         Low                   # Not                            

Quarter Horse Geldings      Average       Median           Seller      Seller     # Sold     Sold      # Out      % sold

              All QH Geldings......... $3,958........ $3,050........ $19,000....... $700.......... 76........ 20........... 8........ 79%

            Yearling Geldings................................................................................................................................

        2 Year Old Geldings......... $2,402........ $2,500.......... $4,800....... $850.......... 21.......... 3........... 0........ 88%

        3 Year Old Geldings......... $4,057........ $3,000........ $14,500.... $1,200.......... 21.......... 3........... 3........ 88%

4 Years & Older Geldings......... $4,857........ $4,000........ $19,000....... $700.......... 34........ 14........... 5........ 71%

                                                                                                                            
Paints Horses (APHA)                                                      High         Low                   # Not                            

                           Paints      Average       Median           Seller      Seller     # Sold     Sold      # Out      % sold

                       All Paints......... $2,888........ $2,300........ $15,000....... $500.......... 52........ 21........... 4........ 71%

                        Yearlings......... $1,292........ $1,300.......... $1,700....... $650............ 6.......... 4........... 1........ 60%

                    2 Year Olds......... $2,145........ $2,000.......... $4,450....... $500.......... 11.......... 2........... 1........ 85%

                    3 Year Olds......... $2,830........ $3,000.......... $5,500....... $625.......... 11.......... 2........... 0........ 85%

              4 Years & Older......... $3,654........ $3,500........ $15,000....... $750.......... 24........ 13........... 2........ 65%

 

                                                                                        High         Low                   # Not                            

                           Paints      Average       Median           Seller      Seller     # Sold     Sold      # Out      % sold

                       All Paints......... $2,888........ $2,300........ $15,000....... $500.......... 52........ 21........... 4........ 71%

                            Mares......... $3,033........ $2,300........ $15,000....... $500.......... 30........ 11........... 2........ 73%

                         Stallions......... $1,811........ $1,700.......... $3,250....... $625............ 7.......... 5........... 1........ 58%

                        Geldings......... $3,100........ $3,500.......... $5,500....... $950.......... 15.......... 5........... 1........ 75%

                                                                                                                                                                     

                                                                                        High         Low                   # Not                            

                  Paint Mares      Average       Median           Seller      Seller     # Sold     Sold      # Out      % sold

               All Paint Mares......... $3,033........ $2,300........ $15,000....... $500.......... 30........ 11........... 2........ 73%

               Yearling Mares......... $1,250........ $1,500.......... $1,600....... $650............ 3.......... 1........... 1........ 75%

            2 Year Old Mares......... $2,213........ $2,000.......... $4,450....... $500............ 8.......... 1........... 0........ 89%

            3 Year Old Mares......... $2,285........ $3,000.......... $4,100.... $2,000............ 4.......... 1........... 0........ 80%

    4 Years & Older Mares......... $2,883........ $3,200........ $15,000....... $750.......... 15.......... 8........... 1........ 65%

                                                                                                                                                                     

           Open Paint Mares......... $2,088........ $1,800.......... $5,900....... $500.......... 21........ 10........... 1........ 68%

            Bred Paint Mares......... $5,239........ $3,200........ $15,000.... $2,300............ 9.......... 1........... 1........ 90%

                                                                                                                                                                     

                                                                                        High         Low                   # Not                            

              Paint Stallions      Average       Median           Seller      Seller     # Sold     Sold      # Out      % sold

           All Paint Stallions......... $1,811........ $1,700.......... $3,250....... $625............ 7.......... 5........... 1........ 58%

            Yearling Stallions......... $1,525............................ $1,700.... $1,350............ 2.......... 2........... 0........ 50%

        2 Year Old Stallions......... $1,600............................ $1,600.... $1,600............ 1.......... 1........... 1........ 50%

        3 Year Old Stallions......... $1,942........ $1,950.......... $3,250....... $625............ 3.......... 0........... 0...... 100%

4 Years & Older Stallions......... $2,200............................ $2,200.... $2,200............ 1.......... 2........... 0........ 33%

                                                                                                                                                                     

                                                                                        High         Low                   # Not                            

              Paint Geldings      Average       Median           Seller      Seller     # Sold     Sold      # Out      % sold

           All Paint Geldings......... $3,100........ $3,500.......... $5,500....... $950.......... 15.......... 5........... 1........ 75%

            Yearling Geldings........... $950............................... $950....... $950............ 1.......... 1........... 0........ 50%

        2 Year Old Geldings......... $2,150............................ $3,300.... $1,000............ 2.......... 0........... 0...... 100%

        3 Year Old Geldings......... $3,500............................ $5,500.... $1,300............ 4.......... 1........... 0........ 80%

4 Years & Older Geldings......... $3,406........ $3,500.......... $4,900.... $1,500............ 8.......... 3........... 1........ 73%

                                                                                                                                                                     

   APHA - Breeding Stock......... $2,158........... $800.......... $8,500....... $500............ 9.......... 1........... 1........ 90%

               APHA - regular......... $3,041........ $2,700........ $15,000....... $850.......... 43........ 20........... 3........ 68%

                                                                                                             
ALL Horses with Show, Sire or Produce Record

                                                                                        High         Low                   # Not                            

                                           Average       Median           Seller      Seller     # Sold     Sold      # Out      % sold

                                 All......... $4,832........ $3,750........ $19,000.... $1,000.......... 74........ 38........... 4........ 66%

                        Yearlings......... $1,500............................ $1,500.... $1,500............ 1.......... 1........... 0........ 50%

                    2 Year Olds......... $3,443........ $2,700.......... $7,300.... $1,000............ 7.......... 1........... 0........ 88%

                    3 Year Olds......... $5,280........ $5,500.......... $8,700.... $2,300............ 5.......... 5........... 0........ 50%

              4 Years & Older......... $5,009........ $4,300........ $19,000.... $1,000.......... 51........ 31........... 5........ 62%

                                                                                                                                                                     

ALL Horses with Show, Sire or Produce Record

                                                                                        High         Low                   # Not                            

                                           Average       Median           Seller      Seller     # Sold     Sold      # Out      % sold

                                 All......... $4,802........ $3,750........ $30,000.... $1,000.......... 78........ 29........... 7........ 73%

                            Mares......... $4,367........ $3,600........ $15,000.... $1,000.......... 42........ 21........... 0........ 67%

                         Stallions......... $5,067........ $5,200.......... $7,300.... $2,700............ 3.......... 6........... 0........ 33%

                        Geldings......... $5,481........ $4,600........ $19,000.... $1,000.......... 29........ 11........... 4........ 72%

                                                                                                                                                                     

QUARTER HORSES with Show, Sire or Produce Record

                                                                                        High         Low                   # Not                            

                                           Average       Median           Seller      Seller     # Sold     Sold      # Out      % sold

                                 All......... $5,045........ $4,500........ $19,000.... $1,000.......... 59........ 27........... 3........ 69%

                        Yearlings................................................................................................................................

                    2 Year Olds......... $4,767........ $4,300.......... $7,300.... $2,700............ 3.......... 1........... 0........ 75%

                    3 Year Olds......... $5,967........ $6,900.......... $8,700.... $2,300............ 3.......... 4........... 0........ 43%

              4 Years & Older......... $5,008........ $4,500........ $19,000.... $1,000.......... 53........ 22........... 3........ 71%

                                                                                                                                                                     

QUARTER HORSES with Show, Sire or Produce Record                                                                                            

                                                                                        High         Low                   # Not                            

                                           Average       Median           Seller      Seller     # Sold     Sold      # Out      % sold

                                 All......... $5,045........ $4,500........ $19,000.... $1,000.......... 59........ 27........... 3........ 69%

                            Mares......... $4,420........ $4,050........ $11,500.... $1,000.......... 32........ 13........... 3........ 71%

                         Stallions......... $5,067........ $5,200.......... $7,300.... $2,700............ 3.......... 5........... 0........ 38%

                        Geldings......... $5,875........ $4,600........ $19,000.... $2,400.......... 24.......... 9........... 3........ 73%

                                                                                                                                                                     

PAINT Horses with Show, Sire or Produce Record

                                                                                        High         Low                   # Not                            

                                           Average       Median           Seller      Seller     # Sold     Sold      # Out      % sold

                                 All......... $3,993........ $3,200........ $15,000.... $1,000.......... 15.......... 9........... 1........ 62%