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re: high-dollar sales (was Re: [RC] [RC] buying, selling, breeding, producing) - A. Perez

 Horses DO sell for the big-bucks here in the US, but not
endurance horses: endurance is not the 'sport of choice' for the
elite.  Dressage, jumping and eventing are: look at the prices
the European Warm-bood breeds fetch (trakeners, holsteiners,
dutch warm-bloods, Oldenburgs etc).  

 Just for yucks, I went to dreamhorse.com and searched on
horses sold in the last 90 days where the asking price was
20,000 or more.   I was surprised at the number of paints and
quarter horses that came up.  What was not surprising was that
most of the horses I looked at had perfornace records: the big
$$ is for what they have done, not what they might do in the
future.  When one looks at the cost of raising, training and
campaigning a horse, I doubt there is much if any profit
involved.  There is probably more profit to be made in selling
babies, but to sell them for good $$, you need to have some
adults of the same breeding who have gone on to be winners... so
the costs of training and campaigning are still there.

 I don't think rich horse-breeders got rich breeding horses -
they are rich people who happen to breed horses as a hobby: like
the old joke says:  "How to make a small fortune raising horses:
start with a large fortune!"

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