The Pewter Stable has just completed a very successful pinhook at the Timonium, MD Yearling sale on September 29th and 30th. Hip Number 134, a Two Punch Filly that was originally purchased for $16,500 was sold for $70,000 and an Allen’s Prospect filly (Hip Number 602) originally purchased for $9,000 was sold for $23,000. Needless to say, the clients are elated over the $67,500 difference in gross sales price.
Because of the enormous success of this venture, we have already received inquiries about another opportunity. As a result, we are currently putting together another pinhooking endeavor that will begin this December. I would like to remark that “Pinhooking” is a great alternative investment opportunity as well as a good way to diversify and current Thoroughbred investments. Please call or email me for more details about this next pinhook opportunity. Also, I would be glad to discuss this opportunity as well as any Thoroughbred partnership or ownership considerations you might have. I look forward to hearing from you.
For further information on our training services, or horse ownership in general, please call us at (609) 330-1819.