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€20 million knocked down at the P.S.I. Auction 2023

December 12, 2023

The 44th P.S.I. Auction of elite young riding horses held in Ankum, Germany on 09 December 2023 achieved an impressive total turnover of more than €20 million.

Dressage horses knocked down a total of €8,476,000 with an average price of €353,167 and Show Jumping horses achieved €11,560,000 with an average price of €462,400.

Horse breeders Paul Schockemöhle and Ulli Kasselmann once again dazzled with their collection of 49 superbly bred young sport horses.

Show jumper Casabea Blue PS was the top lot of the auction, the 6 year old mare was purchased by Italian buyers for €1.6 million.

The dressage collection highlight was the 5 year old gelding Dantino, who also broke the magical million euro threshold, selling for €1.2 million to clients from Eastern Europe. 

The international clientele of buyers came from Australia, the United States, Germany, Sweden, Austria, Italy, Columbia, Mexico, Taiwan and Hong Kong amongst others. Australians in particular were investing in the future at this year’s auction with three 4 year old horses sold to customers from down under for €650,000, €320,000 and €220,000. 

The information provided here is not investment, tax or financial advice. You should consult with a licensed professional for advice concerning your specific situation.

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