1. Boost Your Immune System Naturally: Simple Tips for Optimal Health
  2. The Secret of Kegel Exercise for Men: A Comprehensive Guide
  3. What internal games for employees are worth organizing?
  4. Profession: greenkeeper. Who are the keepers of golf courses and lawns?
  5. Best running shoes for men
  6. Is Duplicate Content Really a Problem?
  7. The Timing of Your Success: How Long to Wait for the Results of Positioning
  8. How to dentify the right keywords for local search?
  9. E-commerce optimization. How to increase the involvement of local consumers?
  10. Kneeler – a healthier substitute for an office chair
  11. 7 equipment and gadgets to equip a luxury yacht
  12. From William Howard Taft to Donald Trump – a golfing tradition at the White House
  13. POSITIONING – WHY IS IT SO IMPORTANT FOR SUCCESS IN SPORTS BUSINESS?
  14. What to run in during the winter?
  15. How to improve fitness?
  16. Where do you start with healthy eating?
  17. Trekking bike for work and vacations. A versatile companion on two wheels
  18. Board for manual hand training – a universal gadget that works well at home and at work
  19. LOCAL POSITIONING – SUPPORT YOUR LOCAL BUSINESS
  20. How much did athletes earn in 2021? Check out our ranking!
  21. Sports business relief – what will it give to clubs?
  22. What phone for athletes and active people?
  23. What is insurance for athletes?
  24. What to take on a long bike trip?
  25. Is it a good idea to buy sports equipment on installments and why?
  26. Going skiing – what should I take with me?
  27. What additional life insurance should I choose?
  28. Trekking – what are its benefits?
  29. How do you encourage employees to bike?
  30. Outdoor gym – a set of exercises that will relieve your back
  31. Construction of a golf course – a guide for investors
  32. Running – a great way to relax after work and keep fit
  33. Gadgets to help you monitor your workout
  34. Yoga at your desk – these asanas you can do at work!
  35. Is it possible to make a fortune from horse racing?
  36. Serena Williams – tennis player turned thriving businesswoman
  37. Which global millionaires loved the game of polo?
  38. Where to start working on your physique? Tips for working out
  39. How much does it cost to build a private tennis court?
  40. Strengthen leg muscles at work – office exercises for legs
  41. How do prestigious horse auctions work?
  42. How much does it cost to sail around the world?
  43. The most popular hand training devices
  44. How do you combine training with a full-time job?
  45. Ideas for sports integration of employees
  46. How much does it cost to raise a tennis champion?
  47. EMS – a modern form of training
  48. Yacht charter and leasing, or how to make money on exclusive boats
  49. Federer and other millionaires. Which tennis players earned the most in 2020?
  50. Cult golf courses – every golfer’s dream
  51. Investing in a yacht for rent – does it pay off?
  52. Benefits of playing squash that will be useful for business
  53. E-sports – an industry that pays to invest in
  54. Work ergonomics, or how to increase work comfort in the office
  55. Small exercise accessories to carry with you
  56. Carpal tunnel syndrome – what exercises will help prevent nerve ischemia?
  57. Prestigious ski destinations – which slopes are worth visiting?
  58. Beauty worth millions – the most expensive horse breeds in the world
  59. How to optimally select a racquet for a paddle?
  60. Under-desk equipment – a way to stay active during work hours
  61. How do I start playing golf and how much does it cost?
  62. The richest sports club owners
  63. What do you need to know before playing paddle?
  64. Industry football tournaments gain in popularity
Tuesday, May 30, 2023
  1. Boost Your Immune System Naturally: Simple Tips for Optimal Health
  2. The Secret of Kegel Exercise for Men: A Comprehensive Guide
  3. What internal games for employees are worth organizing?
  4. Profession: greenkeeper. Who are the keepers of golf courses and lawns?
  5. Best running shoes for men
  6. Is Duplicate Content Really a Problem?
  7. The Timing of Your Success: How Long to Wait for the Results of Positioning
  8. How to dentify the right keywords for local search?
  9. E-commerce optimization. How to increase the involvement of local consumers?
  10. Kneeler – a healthier substitute for an office chair
  11. 7 equipment and gadgets to equip a luxury yacht
  12. From William Howard Taft to Donald Trump – a golfing tradition at the White House
  13. POSITIONING – WHY IS IT SO IMPORTANT FOR SUCCESS IN SPORTS BUSINESS?
  14. What to run in during the winter?
  15. How to improve fitness?
  16. Where do you start with healthy eating?
  17. Trekking bike for work and vacations. A versatile companion on two wheels
  18. Board for manual hand training – a universal gadget that works well at home and at work
  19. LOCAL POSITIONING – SUPPORT YOUR LOCAL BUSINESS
  20. How much did athletes earn in 2021? Check out our ranking!
  21. Sports business relief – what will it give to clubs?
  22. What phone for athletes and active people?
  23. What is insurance for athletes?
  24. What to take on a long bike trip?
  25. Is it a good idea to buy sports equipment on installments and why?
  26. Going skiing – what should I take with me?
  27. What additional life insurance should I choose?
  28. Trekking – what are its benefits?
  29. How do you encourage employees to bike?
  30. Outdoor gym – a set of exercises that will relieve your back
  31. Construction of a golf course – a guide for investors
  32. Running – a great way to relax after work and keep fit
  33. Gadgets to help you monitor your workout
  34. Yoga at your desk – these asanas you can do at work!
  35. Is it possible to make a fortune from horse racing?
  36. Serena Williams – tennis player turned thriving businesswoman
  37. Which global millionaires loved the game of polo?
  38. Where to start working on your physique? Tips for working out
  39. How much does it cost to build a private tennis court?
  40. Strengthen leg muscles at work – office exercises for legs
  41. How do prestigious horse auctions work?
  42. How much does it cost to sail around the world?
  43. The most popular hand training devices
  44. How do you combine training with a full-time job?
  45. Ideas for sports integration of employees
  46. How much does it cost to raise a tennis champion?
  47. EMS – a modern form of training
  48. Yacht charter and leasing, or how to make money on exclusive boats
  49. Federer and other millionaires. Which tennis players earned the most in 2020?
  50. Cult golf courses – every golfer’s dream
  51. Investing in a yacht for rent – does it pay off?
  52. Benefits of playing squash that will be useful for business
  53. E-sports – an industry that pays to invest in
  54. Work ergonomics, or how to increase work comfort in the office
  55. Small exercise accessories to carry with you
  56. Carpal tunnel syndrome – what exercises will help prevent nerve ischemia?
  57. Prestigious ski destinations – which slopes are worth visiting?
  58. Beauty worth millions – the most expensive horse breeds in the world
  59. How to optimally select a racquet for a paddle?
  60. Under-desk equipment – a way to stay active during work hours
  61. How do I start playing golf and how much does it cost?
  62. The richest sports club owners
  63. What do you need to know before playing paddle?
  64. Industry football tournaments gain in popularity

One way to acquire a horse is to purchase it through an auction. How do such prestigious events proceed step by step? What kind of horse auctions do we have to deal with in our country?

Pride of Poland – annual auction of Arabian horses

When discussing horse auctions it is impossible not to mention the Pride of Poland, which is an annual auction of Arabian horses that takes place in Janów Podlaski. During the auction horses from the studs in Janów Podlaski and Micha³ów, from the Bia³ka Stallion Stud and from private studs are auctioned off. The first horse auction in Janów Podlaski took place in 1970. Since 2001 it has been called the Pride of Poland.

The highest horse prices were achieved there in the eighties of the 20th century. Noteworthy price records include the stallion El Paso, sold for 1 000 000 dollars, or the stallion Bandos, whose price reached 806 000 dollars. In 2007 the mare Pieta was sold for 300 000 euro. The buyer was Shirley Watts – wife of the drummer of the famous band The Rolling Stones. The mare Zulejka was then sold for 205,000 euro and Altona – for 180,000 euro. They went to Belgium. The annual receipts from the Pride of Poland horse auctions in 2003-2007 amounted to about 1 000 000 euro.

An extremely important date in the history of the Pride of Poland was August 10, 2008. At that time, during the 39th auction, 37 mares were put up for sale, including the 13 year old Kwestura, bred by Michałów Stud, which was sold for 1 125 000 euro. This is the highest price ever achieved for a horse in Janów Podlaski. The mare was purchased by a businessman from the Middle East.

Equally record-breaking was the edition held in 2015, when the mare Pepita was sold for 1,400,000 euros. For many years, the organizer of the Pride of Poland auction was Polturf, a company dealing in horse brokering. Since 2016, this function has been fulfilled by the Poznań International Fair. During the first auction organized by them, horses were sold for a total of 1,271,000 euros.

In 2019, the jubilee 50th Pride of Poland auction took place. The highest price – 400,000 euro – was then obtained by the mare Galerida from SK Michałów. The mare Potentilla from Janów Podlaski Stud was sold for 215 000 euro. As far as the Pride of Poland 2020 is concerned the mare Perfinka from Bia³ka Stud was sold for the highest price of 1 250 000 euro.

Horse auctions – the most important rules

The organizer of this type of event directs invitations to a specific group of addressees to submit bids on a proposed contract. From among them he chooses the one which is the most advantageous. The organizer of the auction can be an entity interested in concluding a contract, i.e. the current owner of horses, as well as an entrepreneur who deals with conducting the auction.

The organizer of the auction has the right to stipulate that in order to take part in the auction, a deposit, i.e. an appropriate amount of money as security, must be paid. It entitles each horse to participate in the auction and is tantamount to accepting the terms of the contract. The paid bid security is credited toward the purchase price of the horse. Auction participants whose bids have not been selected will receive their deposit back.

In accordance with the Civil Code, if an auction participant evades the conclusion of a contract, the organizer has the right to retain the bid security. When it is the auctioneer who refuses to conclude a contract, the participant whose bid has been selected has the right to demand compensation for damages or payment of a double deposit.

Horse auctions are conducted using the bidding system. For events of this type, a minimum bid is set, which is the amount by which the predecessor can be outbid. The sale of the horse occurs when the horse is nailed down.

In standout photo: Horse Auction World Trade Center; photo: Anshad C P, CC BY-SA 4.0, via Wikimedia Commons

Tags: , , , , , , , , , , , , , , , , , , , , , , , , ,
Jude Cooley

0 Comments

Leave a Comment