Platinum Scissors 2006 service fee set at $22,000
24 April 2006
The 2006 stud fee for Platinum Scissors – full brother to the record breaking super-sire Redoute’s Choice – has been officially set by his owners at $22,000 (inc GST)
The unprecedented world-wide demand for yearlings by Redoute’s Choice at the Australian Easter Yearling Sale last week saw them sell to a top price of $3 million and average an extraordinary $710,857. Thirty five yearlings sold grossed over $24 million.
Arrowfield announced today that the 2006 service fee for Redoute’s Choice will be increased to a record $275,000 (inc GST).
“Platinum Scissors is an outstanding Group 1 winner of nearly a million dollars in his own right,” said Heather Pascoe of Plaintree Farms. “His five Group level wins include the classic AJC Champion Stakes and champion trainer Gai Waterhouse has said he was the best horse she ever trained. He proved a tough, sound campaigner through his entire career.”
Platinum Scissors hails from the extraordinary Best in Show family – considered one of the greatest stallion – producing families in the world – and, if the quality of his first weanlings is any indication, the young sire has also started his stud career in spectacular fashion.
“His foals are extremely good looking and breeders keep telling us that they can’t tell the difference between the foals by Platinum Scissors and the foals by Redoute’s Choice,” said Mrs Iris O’Farrell, racing manager for his owner and breeder Mr Muzzafar Yaseen. “They say they are almost identical.” Mr Yaseen is also the breeder of Redoute’s Choice and the man who retains a massive 50% ownership of the stallion.
Mr Yaseen has appointed world-renowned Reproduction Specialist Dr David Pascoe to manage the stud career of Platinum Scissors. “The enquiry from breeders has been overwhelming, particularly since the stallion will serve a strictly restricted book,” said Heather Pascoe.
The demand for yearlings by Redoute’s Choice yearlings saw buyers from all over the world battle it out for in the auction ring. They included Charles Laird of South Africa, Patrick Hogan (Cambridge Stud) and Rob McAnulty (NZ), Tim Stakemire (on behalf of Sheik Mohammed bin Khalifa Al Maktoum ) Gai Waterhouse, Tim Martin and Clarry Connors.
Further enquiries:
Heather Pascoe 0418 788 877
Dr David Pascoe 0418 790 792
Plaintree Farms 0746 304 071