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Miss Southern Sunshine
Posts: 7427
   
Location: South Central Florida | linds - 2014-03-19 3:10 PM
savannahann03 - 2014-03-19 2:05 PM Ms Perky Bug sold for $465,000 in Brazil last year.
$465k Brazilian = $356k American dollars.
Was he sold as a Stud to go to produce? Or a gelding that will be rodeoing? | |
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Blessed 
Location: Here | Swannranch - 2014-03-19 6:48 PM linds - 2014-03-19 3:10 PM savannahann03 - 2014-03-19 2:05 PM Ms Perky Bug sold for $465,000 in Brazil last year. $465k Brazilian = $356k American dollars. Was he sold as a Stud to go to produce? Or a gelding that will be rodeoing?
| MS PERKY BUG | QH | BLACK | MARE | 03/22/2004 | | |
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Miss Southern Sunshine
Posts: 7427
Location: South Central Florida | Thanks for the replys. Was the Perky Bug mare sold to compete on or to add to a breding program? Any one know? I have an added question..I have always read and heard that sponsors dont pay that much...mostly its product. Is that still true? I still just dont see a top horse selling here for over $500K but maybe Im wrong. I agree with wns...a special horse can make you a name that can go on to help you with other related income. I cant do it but I can see someone paying $100K to $250-$300K but I guess there must be a lot more money out there than I think...wish some more would float my way... :) | |
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| REALISTIC PRICE- I think it's OBVIOUS that the horse business has gotten as far away from REALISTIC as a Quentin Tarantino movie! Gambling turns even the most beautiful people ugly. | |
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 Extreme Veteran
Posts: 368
Location: run2win land | As a real estate appraiser I am always amazed that it is such a secret what people paid for a horse especially and good one. How is anyone supposed to know what their horse is worth if the comparables are not known? Seems like if the barrel horse industry is going to mainstream then we all need to know what a 1D, 2D etc horse of a certain age in an area is worth. It would help balance the whole industry I feel. It has nothing to do with class and everything to do with business. | |
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 Go For It!
Location: Texas | I don't actually agree with letting everyone know what these horses are selling for… and this is why… I've sold some fairly high dollar horses and to me, if the buyer wants to disclose that information then that is their prerogative. The problem with disclosure is when people know what you paid, and then you try to make a profit, they don't want to let you. They are like "she only gave $20k for that horse, I'm not paying her $30k for it. I bought a 10 yr old gelding, paid $30k for him, (there is a good comparison for you, lol)… I've had him a year this month. Finished 3rd at the D&G in Waco 2 Sunday's ago. Set an arena record on our 4th run out, and placed at just about everywhere we went. He got hurt (almost a career ending injury) and D&G was our 4th time out after almost 9 months off.
If you had asked me ten years ago if I would spend $30k on a horse I would have told you that you are CRAZY! But things change… I sold my DTF mare right before I bought this gelding, for a significant amount more than that, so it wasn't so hard spending the $30k. I won't disclose what I sold her for, that would be something that the buyer would have to do, I don't feel it is my place to disclose that information.
Let me add that I think $20k is A LOT of money for a horse… Heck! $5000 is a lot of money too! But it's all relative. I can tell you that I have had some crazy offers made on my horses. I have a FG gelding that just turned 5. It is off the wall what people will pay to win. And those wins aren't even guaranteed. There are so many different factors involved. But if you need a write off, I guess you could use barrel racing, and I am quite sure many folks do, lol.
Oh and Dry Doc sold to the King Ranch for $1.8 million dollars. My step-dad owned him until they (Helen Groves) bought him. That is the only "high dollar" horse I know for sure about, lol. Those were the days my friends… caviar at the horse sale, lol. Don't think we'll see that kind of stuff again anytime soon!
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 Tried and True
Posts: 21185
Location: Where I am happiest | swd - 2014-03-19 11:16 PM As a real estate appraiser I am always amazed that it is such a secret what people paid for a horse especially and good one. How is anyone supposed to know what their horse is worth if the comparables are not known? Seems like if the barrel horse industry is going to mainstream then we all need to know what a 1D, 2D etc horse of a certain age in an area is worth. It would help balance the whole industry I feel. It has nothing to do with class and everything to do with business.
Exactly!! | |
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Blessed
Location: Here | grinandbareit - 2014-03-20 12:13 AM I don't actually agree with letting everyone know what these horses are selling for… and this is why… I've sold some fairly high dollar horses and to me, if the buyer wants to disclose that information then that is their prerogative. The problem with disclosure is when people know what you paid, and then you try to make a profit, they don't want to let you. They are like "she only gave $20k for that horse, I'm not paying her $30k for it. I bought a 10 yr old gelding, paid $30k for him, (there is a good comparison for you, lol)… I've had him a year this month. Finished 3rd at the D&G in Waco 2 Sunday's ago. Set an arena record on our 4th run out, and placed at just about everywhere we went. He got hurt (almost a career ending injury) and D&G was our 4th time out after almost 9 months off. If you had asked me ten years ago if I would spend $30k on a horse I would have told you that you are CRAZY! But things change… I sold my DTF mare right before I bought this gelding, for a significant amount more than that, so it wasn't so hard spending the $30k. I won't disclose what I sold her for, that would be something that the buyer would have to do, I don't feel it is my place to disclose that information. Let me add that I think $20k is A LOT of money for a horse… Heck! $5000 is a lot of money too! But it's all relative. I can tell you that I have had some crazy offers made on my horses. I have a FG gelding that just turned 5. It is off the wall what people will pay to win. And those wins aren't even guaranteed. There are so many different factors involved. But if you need a write off, I guess you could use barrel racing, and I am quite sure many folks do, lol. Oh and Dry Doc sold to the King Ranch for $1.8 million dollars. My step-dad owned him until they (Helen Groves) bought him. That is the only "high dollar" horse I know for sure about, lol. Those were the days my friends… caviar at the horse sale, lol. Don't think we'll see that kind of stuff again anytime soon!
Great insight! I agree. horse prices are not like real estate prices. too many varibles. I agree. prices for the most part should be private u less buyer wants to disclose the correct amount. | |
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 Texas Taco
Posts: 7499
Location: Bandera, TX | I think a lot of this has to do with "how much fulfilling your dreams" is worth to you. I don't think these high high dollar horses are bought to make an actual profit on. It's more to have a better chance to "make it to the NFR" or become "rookie of the year", etc. If they pay their own way, diesle, vet bills then you are doing good. If they pay your wages as well then your are doing great! However, those that buy a 6 figure horse usually do not have to rely on him paying the wages....
And yes, most sponsors pay in products and not money. | |
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| swd - 2014-03-19 11:16 PM
As a real estate appraiser I am always amazed that it is such a secret what people paid for a horse especially and good one. How is anyone supposed to know what their horse is worth if the comparables are not known? Seems like if the barrel horse industry is going to mainstream then we all need to know what a 1D, 2D etc horse of a certain age in an area is worth. It would help balance the whole industry I feel. It has nothing to do with class and everything to do with business.
But, it is nobody's business what I pay for a horse. Home sales are public knowledge only because the mortgages and title transfers are recorded with the county recorder. If not for that, we wouldn't know what homes sell for. | |
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Regular
Posts: 91
| Purchase prices are not listed on deeds in all states (disclosure states vs. non disclosure states). Even in disclosure states there are ways around having to list the price on the deed. If people want to keep things private that is fine, and totally their right to do so. I just hope those aren't the same people complaining about other people asking too much money for what they are selling (houses, horses, etc.), as that is a little hypocritical due to a resulting lack of good sales data with which to formulate a reasonable asking price. | |
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I Really Love Jeans
Posts: 3173
Location: North Dakota | Lots of people are willing to pay big money to win a few buckles at the local playdays etc...so someone is always willing to pay just to win a little. Not many make money over what they spend, You do have those who breed and breed and breed to make money, but just barrel racing alone will not make anyone enough money to survive it is just a hobby for the majority! | |
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 Angel in a Sorrel Coat
Posts: 16030
Location: In a happy place | SG. - 2014-03-20 7:20 AM grinandbareit - 2014-03-20 12:13 AM I don't actually agree with letting everyone know what these horses are selling for… and this is why… I've sold some fairly high dollar horses and to me, if the buyer wants to disclose that information then that is their prerogative. The problem with disclosure is when people know what you paid, and then you try to make a profit, they don't want to let you. They are like "she only gave $20k for that horse, I'm not paying her $30k for it. I bought a 10 yr old gelding, paid $30k for him, (there is a good comparison for you, lol)… I've had him a year this month. Finished 3rd at the D&G in Waco 2 Sunday's ago. Set an arena record on our 4th run out, and placed at just about everywhere we went. He got hurt (almost a career ending injury) and D&G was our 4th time out after almost 9 months off. If you had asked me ten years ago if I would spend $30k on a horse I would have told you that you are CRAZY! But things change… I sold my DTF mare right before I bought this gelding, for a significant amount more than that, so it wasn't so hard spending the $30k. I won't disclose what I sold her for, that would be something that the buyer would have to do, I don't feel it is my place to disclose that information. Let me add that I think $20k is A LOT of money for a horse… Heck! $5000 is a lot of money too! But it's all relative. I can tell you that I have had some crazy offers made on my horses. I have a FG gelding that just turned 5. It is off the wall what people will pay to win. And those wins aren't even guaranteed. There are so many different factors involved. But if you need a write off, I guess you could use barrel racing, and I am quite sure many folks do, lol. Oh and Dry Doc sold to the King Ranch for $1.8 million dollars. My step-dad owned him until they (Helen Groves) bought him. That is the only "high dollar" horse I know for sure about, lol. Those were the days my friends… caviar at the horse sale, lol. Don't think we'll see that kind of stuff again anytime soon! Great insight! I agree. horse prices are not like real estate prices. too many varibles. I agree. prices for the most part should be private u less buyer wants to disclose the correct amount.
Yes. I think you are absolutely right. Interesting about Dry Doc. | |
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Miss Southern Sunshine
Posts: 7427
Location: South Central Florida | But Dry Doc was not sold to compete on. I'm talking about Rodeo competition Geldings and mares. Not stallions, that's a different conversation.
I also think the secrecy is silly. I realize it's not realestate, but it's a business and a pretty public business. Many people want the fame and coverage and probably the money that other Professional sports command, but everything is a secrete...not trade secrets just OMG, don't tell what it cost, don't discuss what may be wrong with a horse, don't hurt anyones feelings.
I'm not sure if thats true in Roping and Rough Stock, but I know it's true in Barrel Racing and I don't get it.
My assumption is that there is way more money available than I can imagine. . .WAY.
I personally know of several in the $100K +/- that are great, but I know horses for half that that can compete and win against or place with and against them. I guess it's a lot to do with the fame. I know we discussed wiht the fame/name comes other financial opportunities but I think very few VERY VERY few can go on to make that money back even with other business opportunities that may come from that. I look at and think of the competitors I purchase products from, or go to clinics and few of them were one horse wonders. Most developed a name on several or many horses and that's more of what I woulf follow.
I've enjoyed this conversation though and love no fighting  | |
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 Experienced Mouse Trapper
Posts: 3106
Location: North Dakota | Swannranch - 2014-03-20 1:02 PM But Dry Doc was not sold to compete on. I'm talking about Rodeo competition Geldings and mares. Not stallions, that's a different conversation.
I also think the secrecy is silly. I realize it's not realestate, but it's a business and a pretty public business. Many people want the fame and coverage and probably the money that other Professional sports command, but everything is a secrete...not trade secrets just OMG, don't tell what it cost, don't discuss what may be wrong with a horse, don't hurt anyones feelings.
I'm not sure if thats true in Roping and Rough Stock, but I know it's true in Barrel Racing and I don't get it.
My assumption is that there is way more money available than I can imagine. . .WAY.
I personally know of several in the $100K +/- that are great, but I know horses for half that that can compete and win against or place with and against them. I guess it's a lot to do with the fame. I know we discussed wiht the fame/name comes other financial opportunities but I think very few VERY VERY few can go on to make that money back even with other business opportunities that may come from that. I look at and think of the competitors I purchase products from, or go to clinics and few of them were one horse wonders. Most developed a name on several or many horses and that's more of what I woulf follow.
I've enjoyed this conversation though and love no fighting
I know rope horses are secret, at least around here. unless you have a roper wanting to buy your horse, he tells how much he can sell him for "in the right hands" :) The rough stock, I remember Nevada Berger telling me he had a $100K + offer for Little Yellow Jacket(I do not remember exact number-it was 15 plus years ago), he was proud as a peacock to turn that $ down-I thought he was nuts-jeez he was just a bull! boy have times changed! | |
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 I"m Jealous!
Posts: 1737
Location: Benton City, WA | I think the premise of this thread is inherently flawed. "Realistic" prices for top barrel horses and what someone *might* be willing to pay are IMO, 2 different things.
A horse is worth whatever someone will pay for it. I have seen top 1D horses around here sell for 45-90 K, but they didn't belong to someone famous, or run at the NFR. I think if the horse has ran at the NFR, you can get more for it. JMO | |
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Sock Snob
Posts: 3021
| My mare had some pretty runs at some of the bigger shows had someone follow me back to my stall and offer me a fairly nice amount and i know they had money i just didnot want to sell as i had 5k in my mare as i bought her as a 3yo sight unseem i broke my arm really bad and had a friend finishing breaking her had people interested in her i had even paid her up into fort smith she got a upper resp. infection ended her furtituty career i brought her home went easy with her the next year she screamed. She was easy to ride she feel in a indoor as i could not,see how bad the ground was u til i sent her she got around the first fell down at the second i let her lope to the third held her on the third and let her lope out was second in third d. She tore her stifle up in several different ways. I turned her out for 8 months and carried her to about the best lamness vet on east coast and he told me exactly what was wrong with her and also told me she was not as lame as she should be for what was wrong with her and to,put her on a good joint supplement and he sold actiflex and with in a week she really was nkt lame i long troted her for,a month carried her back and he injected her and i showed he in state final only in senior ground was bad she slipped and i just quit riding cause i did not want to cause her harm. That spring i should have injected her and sent her to swim, but i love her and for 12 years she earned checks way more times than not about 70%. She earned her retirement and my husband was sick and housebound. I bred her have a carbon copy of her that is a year old. Will breed her back this year. I would not take 40k for her today. I could inject her now and send her to,swim for 6 weeks and i know she would go back to winming but she is 18 she has earned her retirment enough is enough. | |
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