THE sale of more than 100 Ellerston ponies has made history in Australian polo circles and consolidated the Packer’s equine interests.
Thousands of prospective buyers and spectators watched as 137 of Ellerston’s best bloodlines – 115 horses and 23 embryos - went under the hammer at the multi-million dollar property near Scone on Saturday.
The sale raked in $1.8 million.
One horse made $82,000 while some of the top stallions and geldings made $28,000 each.
The average price for mares was $15,000 and the average gelding sold for $11,000.
Landmark Equine livestock manager Mark Barton, an auctioneer at the sale, said it was the first time buyers could get their hands on Ellerston bloodlines.
He confirmed Ellerston wanted to “consolidate its operations” but said it “had retained its core breeding stock”.
The horses were sold to people from across Australia, the United Kingdom and Singapore.
‘‘You don’t have days where you can access 30 years of breeding very often,’’ Mr Barton said.
“It has given people a base value of good polo horses and it has shown them that if you want to participate and have a reasonable horse it is affordable, it’s not impossible.”
Seventy-per-cent of the stock were up-and-coming ponies between two and four-years-old.
The rest had been extensively campaigned by Ellerston Polo teams or received basic polo education on the property.
The 23 embryos, which made up to $10,000 each, will be transferred into other mares.
Mr Barton said selling the embryos allowed Ellerston to keep the mares competing.
Ellerston general manager Robert Teague said the late Kerry Packer’s vision had produced “world standard” ponies “suitable for any discipline” and the company “continued to dominate” around the world.
The sale comes as James Packer’s focus has increasingly turned to pursuits in America and Asia.
Crown agreed to buy 50 per cent of the 1400 hectare property for $60 million earlier this year. Mr Packer has a 50.1 per cent share in the company.