Let’s Discuss: the OTTB market

I fell in love with a TB yesterday, y’all. It’s a good (or bad?) thing that all my excess money is tied up in the tiny house right now or I’d have been on the phone with this guy’s trainer before I even realized what I was doing.

A big, young, athletic, very well bred for sport, good-moving, extremely attractive, sound-looking horse? Sign. Me. Up. His crazy eye and wild forelock give him extra appeal in my book. I see a lot of thoroughbreds in my feed due to pages I follow and groups I’m in, but it’s been a while since I loved one this much. He’s even out of a Danzig mare. A direct Danzig daughter. Swoon. The only thing that could make him better (in my book) is if he was a she.

Alas, I’m not shopping and I need another cheeky 3yo like I need a hole in the head, so I posted him on my facebook and Instagram. Someone needs to buy him. Preferably someone I know so I can stalk him forever.

Y’ALL

Anyway, it was kind of interesting to me that in both places I posted him, a couple people replied thinking he was too expensive for a horse just coming off the track. Fair enough, at $5,000 he’s on the higher side of what is typical. It leads to an interesting conversation though – what IS a fair price for a horse coming off the track these days?

Obviously that can vary a lot, in my mind, depending on the horse. Age, sex, size, soundness, athleticism, movement – all factors that can affect the value, just like any other horse. From what I’ve seen over the past few years, OTTB prices in general have gone up a bit, probably thanks to programs like RRP and the resurgence of TB-only classes and awards. For the most part I think it’s been a great thing. Sure, it costs me (the consumer) a bit more money up front, but a horse being worth more tends to be better for said horse’s safety and well-being. If a race trainer or owner knows they can get as much as a claiming tag by selling to the sporthorse world, maybe they’re less likely to keep running the horse who wants to be done. If they think they can get a few grand from the sporthorse world, maybe they’re more willing to go through the inconvenience of listing and taking phone calls rather than just loading the horse up on the meat truck.

Tickets Now On Sale for $100,000 Thoroughbred Makeover and National  Symposium

Not to mention – if the horse is young and sound and athletic and healthy and attractive, is there any reason why it SHOULDN’T bring more money? To me, there’s actually a lot of value already built into a horse coming off the track. It’s seen a lot, it’s been handled a lot… that life experience is worth something. Sure maybe the horse needs a little downtime, some Gastrogard, some farrier work, or some re-training, but so might just about any other horse you get from just about anywhere for that price. Hell, even a super expensive import could need that. But if you went and bought a $5000 3 or 4yo warmblood, what would your expectations really be? The same as the TB, or would you settle for even less? Younger, greener, less athletic, lower quality, perhaps some vetting issues? I would challenge that it would be quite difficult to find a WB of comparable quality and experience for that little money. So even at 5k the TB is still quite a hefty bargain in the overall realm of sporthorse prices.

I’ve bought many an OTTB in my life, although none in a while. In these past few years I’ve seen friends pay mostly in the $2500-7000 range for horses coming off the track, depending on a) the quality of the horse, b) how lucky they were. That’s certainly higher than maybe 10-15 years ago. It’s rare for me to see a super high quality, sound one listed for less than $3000 anymore. Every once in a while there’s a right-place-right-time type situation, but it doesn’t seem particularly common. There are even re-sellers who have made a thriving business out of selling OTTB’s in these slightly higher price brackets. Benchmark immediately springs to mind – they tend to have the cream of the crop, really high quality horses on offer in the $5,000-12,000 price range, and they’ve made an excellent reputation for themselves in the industry. Considering how many they sell, and how quickly, there certainly does seem to be a market for OTTB’s in that price range. At the end of the day horses are worth what someone is willing to pay, and plenty of people seem willing to pay fair money for a quality horse.

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Am I horse shopping right now? No. Do I have extra money in my budget at the moment to go pick up another horse? No. But if I did, you can bet I wouldn’t have hesitated for even one second to pick up the phone and call on that horse. Would I like it if he was cheaper? LOL of course. I would like it if literally everything was cheaper. If I was hunting for a mega-bargain with a very low budget and was willing to make a lot of compromises (as was the situation when I bought Henry) then no, that particular horse wouldn’t make my list. But if I was shopping for a really high quality prospect that had it all, he’d 100% be it. IMO there’s definitely value in that, and I don’t begrudge them for putting a price like that on him at all – just like any other horse that ticks a lot of widely desirable boxes. If he’s worth it, someone will pay it. (Me. It would be me. I would pay it.)

So, let’s discuss. Pretend you’re shopping for a high quality young/green prospect and you’ve got like 10k+ to spend. Do you think 5k is a fair price for a very nice horse (not even necessarily this particular horse, but one that ticks all your own personal boxes that would make a horse perfect for you) coming straight off the track? Why or why not? And do you think these kind of prices, lets say $4000-7000, are fair for horses like these? Why or why not? At what point do you think the price is too high for a top-end horse just off the track?

She Started It

You know how facebook goes out of it’s way to show you posts in groups that your friends have commented on? Smart feature, most of the time. Total tattletale, some of the time. See, this is how I busted Leah buying yet another bridle, which honestly just made me feel a lot better about myself and the fact that I too probably have a few too many bridles. Pretty sure she has more than me, therefore by the rule of comparison I can’t be that bad, right?

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Anyway, I busted her buying a unicorn bridle, which 1) totally excusable, why would one NOT buy a unicorn bridle? Duh. 2) turned out to be the gateway drug that let me down quite the rabbit hole and now has me coveting something entirely different. Just remember, Leah started it. Anyway, she bought this one:

I gotta admit, the noseband is rad. I kind of love the oil-slick type look that the piping has. It doesn’t really work on any of my creatures or match any of my stuff, but it’s a pretty noseband none-the-less. And in that same post the seller had a picture of another bridle they carried, one that is definitely more up my alley. Navy. Navy sparkles.

Still though, as much as I love it and as beautiful as it is, I don’t own any dressage bridles that I can’t also show in (truth be told I only have one black bridle at all actually, it’s a schooling bridle AND a show bridle) and this sparkly blue noseband is probably a bit too brazen for me. Maybe if Henry was stronger in the dressage phase I would be that brave about drawing attention to his head, but as it is the only “flair” on his dressage bridle is the black rhinestone browband. And Presto, well… his face is already a bit busy for color and sparkle like that I think.

But these two bridles are both from Waldhausen, which did make me go investigate their entire bridle selection. If you want color, that’s certainly the place. Pink, blue, green, gold, red, purple… they’ve got just about everything, and an assortment of sparkles too. But the more I thought about that sparkly blue bridle, the more I was like… “wouldn’t that be perfect in black?”. Picture it, for Presto: black dressage bridle, spikey punk rock browband, black sparkly noseband. Punk rock sparkle bridle. His personality 100%. I think he could pull it off too. With the help of photoshop I was able to reimagine the blue noseband in black.

And from that moment on I was kind of obsessed with the idea. Naturally though, Waldhausen doesn’t make that noseband in black sparkles.

By this point I was already pretty far down a rabbit hole (again, totally Leah’s fault) but I was about to go even further. Y’all ever googled “black sparkle bridle” or “black glitter bridle”? It’s an experience. I forgot how much DQ’s are into sparkles these days.

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Just a couple of the many many options that pop up.

SD® Mystery bridle in Black/Black/Glitter patent. Pony R-714

And unfortunately they’re also really into patent. Like, most of the sparkle options also included patent. I do not like patent. I also didn’t really like the ones with a big block of glitter as the noseband, I preferred it more as the padding or piping. A little more subtle that way. DQ’s, you know perhaps you’ve gone off the deep end when the eventer is like “I dunno, it’s just a lot…”. Anyway, I finally found The Perfect One at SD Designs, AND you could buy the noseband by itself (yay)…

SD® Noseband with Jet Crystal Rocks black/black. R-496 - SD® Normal  nosebands - SD Design Aps
juuuuust the right amount of sparkle

but of course… totally sold out in Full size. I stalked every store they listed as a distributer (dozens, literally dozens of stores that I clicked through, some of which I also emailed because they showed as having some in stock) – same thing, all sold out. So I decided to be that super annoying person and email SD Designs to ask if they were planning to make more of them, and if so when. They did respond, which was great, but alas, no, they are not planning on making any more of them. Cue sadness.

By this point I was already in way too deep. There’s no abandoning an idea like this and going about your life as if it never happened, I’d already invested way too much of myself in this as-yet-still-a-figment-of-my-imagination punk rock sparkle bridle.

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Luckily these days we don’t have to just learn to be satisfied with off the rack options. Custom bridles and bridle parts are a big thing these days, especially in dressageland where somebody always seems to have an idea for more sparkle or more color or more patent. Some people put me in touch with a couple OTHER companies that can make pretty much anything you want for a shockingly good price, and I may or may not be “in discussions” about this currently.

So basically I tell you this whole story to make it clear that whatever happens, if indeed another bridle is acquired (let’s be honest, it will be sooner or later, these ideas never just die), it wasn’t my fault. I was just minding my own business scrolling through facebook when I was ATTACKED by a wicked temptress.

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Presto’s First (ridden) Show

Guess who’s officially a show horse?

this big kid

Technically all he did in the show ring was trot over some poles. He’s only 3 after all, and for his first show I figured we’d keep it super easy. I had considered entering a dressage test and doing Intro A, but given how distractible he can be (it’s not spooky or malicious, he just genuinely likes to SEE ALL THE THINGS) I opted for the jumper classes instead – that way if he needed to pause in a corner to check something out or drunkenly weave his way down the side of the ring, it would be no problem. This show offers jumper classes from poles up to 3’6″, which is really nice. All we had to do was get from one pole to the next, didn’t matter how. I thought that was a better idea than having to follow a specific pattern with a dressage test, or at least a bit less pressure. Plus I thought the poles might help distract him and keep his brain occupied if he started getting a little overwhelmed with all the things to look at. I entered HC (not for ribbons/placings/points) and tada, there he was, in his very first Table II, 2(b) and Table II, 2(c) classes!

When the organizer knows your horse and their level of enthusiasm matches

Really though, the point of entering the show was two-fold. 1) see what he thought of all the sights/sounds/spectacles of horse showing while also having to be ridden. He’s been to plenty of shows in his life, but always at the end of a lead rope. He’s never really been asked to go to work or have to focus a lot, and that ups the ante a bit for sure. 2) I wanted him to start getting the experience of the warmup (y’all know what I mean by that!), standing beside the ring waiting his turn, and going into the ring by himself to go to work. The main building blocks of horse show life have nothing to do with the actual showing part, really. In order to get the best from him when we’re in the show ring, first he has to learn how to handle everything outside of it.

Before I get into the details I have to pause for a second and give major props to the facility, Scissortail Hill, for putting on a very covid-safe horse show. They had mask requirements (on at all times when not mounted), guidelines regarding how many could be in an area at a time, spaced all the parking out, only allowed one groundperson/spectator per rider, had designated pathways to the office, plexiglass, staggered groups to keep people from having to congregate, etc. It’s a small local show, they certainly are not required by anyone to do any of that, but they did it and they pulled it off really well. It felt very safe and socially distanced without impacting the actual show at all. Props to Scissortail. This is the first horse show I’ve been to since all this started and I felt super safe about the experience.

Hillary was kind enough to come be my +1, which thank goodness, because it’s always a heck of a lot easier to have a helper, especially when you have a young/green one. Plus she got video and pictures, which is the only reason why I have any content for this post. She da real MVP. I left her at the trailer with Presto while I went and got my packet, and I came back to a clean horse with a trimmed bridle path and freshly banged tail. I literally pulled him out of his pasture, knocked the worst of the dirt off, and tossed him in the trailer, and it had looked like it. She made him look significantly more presentable.

You can’t really tell but he’s wearing his navy glitter boots

I lunged him for a couple minutes before I got on, but he seemed relatively chill, so I opted to just go ahead and swing aboard. He was definitely very interested in seeing everything at first, and there was plenty to look at. Trailers, horses, cars, the busy road that borders the front of the property, cross country jumps, the trail course, the horses in the warmup and the various arenas… lots to see, that was for sure. He was pretty calm about taking it all in though. He only neighed a couple times, and was happy to just stand and observe when I asked him to.

We started out trotting around the warmup area for a few minutes. He definitely had his head straight up the air like a giraffe, but he was being fine other than that, so no big deal. At one point a horse outside of the ring started to spin and leap around, and I could feel Presto kinda look at him like “WOW, IS THAT AN OPTION, I DIDN’T KNOW THAT WAS AN OPTION” and I had to tell him “No sorry, that’s definitely not an option, let’s go over here and make some circles instead”. I’m a buzzkill, I know.

Since poles was the first jumper division they had the ring open for schooling for a little while before the division started. I figured it was a great opportunity to let him see everything, so once a couple people came out I headed in. Props to Presto, he was super brave about it, marching around the ring with just a few sideways glances at the jumps stacked outside of the rail or the big flapping medic’s tent.

We trotted around for little while, I popped him over all the jumps that were set as poles, and that was that. We only had about 10 minutes before our division started so I walked him out of the ring and let him stand around on a loose rein checking things out. To his credit, he was really good at that part. Well, unless other horses come close to him, then he wants to climb on top of them and be their BEST FRIEND. Schoolhorses tend to not be the biggest fans of the big dumb warmblood baby trying to forcibly be besties. They ain’t got time for that. Otherwise though, he stood around and observed everything quietly.

standing next to the flapping flags, watching the leadline kids warm up

By the time we actually got to his classes, he was basically pro at this. He walked in the ring, we waited for the whistle, picked up the trot, and off we went. He understood that the point of the game was to go from pole to pole, and he had started to look for which one was next. The classes were really short, just 5 poles (can we make all showjumping rounds just 5 jumps? I’d be into that.) so it was perfect for his 3yo attention span. He trotted his poles, we went back to walk, exited out the other end of the ring, then walked back up to the ingate and did it again. He was really good.

It was exactly the kind of outing I was after – relaxed, low key, and productive. He settled really quickly and was a good boy about pretty much everything. His only spook of the day was when he was trotting down the rail in warmup and a horse outside of the ring just dropped to the ground out of nowhere to roll. Pretty sure Presto thought he keeled over and died, so we had to stop and investigate. Considering all the commotion, I was pretty proud of him for how he handled everything. I think the poles were definitely the right choice, it was easy enough to not be asking much of him, but enough of a distraction to keep his brain busy. He had no qualms about warmup or about leaving the other horses to go in the ring by himself. Maybe next time we can try an Intro dressage test. We’ll see.

Many thanks again to Hillary for all her assistance, and to Scissortail for putting on a perfect, baby-friendly, covid-safe show! Presto has demanded a cookie raise now that he’s officially a show horse.

Foal Friday: Remi’s Glamour Shots

Foal inspections got cancelled this year, either in favor of virtual inspections or delayed ones, so the usual opportunity for pretty, more formal foal photos did not come to pass. It seemed criminal to not have them though, so Michelle and friends groomed and braided the foals and did their own little mini photo shoots with the help of @belindaloeppky behind the camera (all pics here are hers!). And I gotta say, they turned out super cute. Totally worth it. There were so many good pictures of the babies that I figured rather than try to pick just a few favorites of each foal and shove them into one post, each foal really deserved their own post with all their best Glamour Shots. One last time to have the spotlight to themselves before they leave the nest, so to speak, and I’ll link to each of them’s very first introductory post too so we can compare and see how far they’ve come. Since Remi is the oldest, I figured we’d start with him! He’s 6 months old now so he’s in a bit of an awkward, butt-high, gangly phase at the moment, but still handsome.

Remi’s Intro Post

Cantering is his favorite

But he can trot when he feels like it.

Oh, and we can’t forget about how he’s always been really really ridiculously good at posing for pictures.

A few last shots with his dam, Peyton. I think she pretty solidly knocked it out of the park for her first foal, what about y’all?

And who could forget Remi’s iconic Sneetch-shaped facial marking, of course.

It’s been fun watching him grow and change and develop into a proper little young horse with a very sweet and kind personality. Can’t wait to see where he goes from here!

Next week: Oakley!

By a Thread

Alright, who had “presidential candidate fly swatters” on their Weird Shit About 2020 bingo card?

I dunno what’s funnier, the fact that the fly swatter exists or that it’s already sold out?

I’m living for the memes though. They’re great. We deserve them, after suffering through the first debate. It’s the little things these days. Plus on Tuesday I spent all day battling a migraine, and then my dumb ass forgot that the migraine meds have caffeine in them and took one right before bed. I almost NEVER have caffeine, so I’m super sensitive to it, thus I only slept about 3 hours that night. So, it’s been a long week.

Especially because I’ve spent most of my free time majorly cracking down on cleaning out all my crap in advance of the tiny houses’s arrival (sooon???). I’ve lived in this house for 7+ years and how I’ve managed to accumulate this much crap is just beyond me. The first step was discovery, then sorting, and now actually doing something with all of it. So far I’m at 8 big black garbage bags of things for donation, 4 full trash cans, a huge pile of horse stuff where nothing is really worth more than $10-15 therefore shall be offered for free to the first person to come get it, and then a pile of horse stuff that’s for sale but I refuse to ship anything therefore will sell locally for like 1/3 of what it’s really worth just to get it out of my house. That’s where I’m at mentally. A trip to the post office would sever my last thread of sanity.

The sale bin. I swear there’s an actual bin under there somewhere.

I found a taker for my massive collection of horse books, so that’s good – those are leaving this weekend. Once all this smaller stuff is out of the way it’ll be on to the furniture and most of the kitchen appliances, which I’m tempted to set out in the yard and have people come take. I’m super over it at this point, I just want it all to go away with as little effort from me as possible. Evidenced by the fact that I became so ruthless in the process of cleaning out my closets that I now have 11 non-riding or non-barn shirts left to my name. Whatever. That’s enough. At first I was carefully going through everything, thinking about each item, waffling over whether or not to keep it, blah blah blah. But there are 7 closets in this house. SEVEN. That seems excessive for a 1500 sq ft house, no? Yet somehow they were all full of crap. We had 18 blankets. WHY DID WE HAVE 18 BLANKETS, WE LIVE IN TEXAS. This is what happens when you give people 7 closets. I ran out of give-a-shits by closet #3 and pretty much everything went straight into trash or donate after that. Done.

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can I do this with my whole house?

Today’s project is the kitchen. Pray for me, y’all. Anyone want a fancy juicer that the SO swore he wanted for his birthday several years ago and then used like twice? (Not that I can throw stones, my huge pile of horse stuff is it’s own, probably much worse indictment)

Anyway, aside from getting rid of everything that’s not nailed down, it’s possible that perhaps I went ahead and caved and painted my other stirrups too. I was gonna wait a couple months to see how the first ones held up, but the first time I looked down at my feet and saw the sparkle, I was a goner. Plus I suddenly hated how the other ones looked, with their too-bright navy outside branch and weirdly royal bottom. (look, I already told y’all I’m hanging on by a thread these days)

BARF

So I brought those home and painted them too, and I don’t regret anything. With the black ones I painted just the outside branch but with these I painted the outside branch and the hideous bright blue bottom, so there’s way more surface area to glitter. Not that anyone will ever see the bottom of the stirrup (uh, unless something has gone terribly wrong, so let’s hope not…) but still. It’s pretty to look at.

Those are spending the week curing, and the other painted ones have assumed regular duty at the barn. So far so good with the paint. Stacie was also kind enough to send me her old stirrup leathers, which I dyed chocolate to match Presto’s saddle, so it’s a complete fully outfitted saddle now!

Baby’s first saddle complete with it’s own fittings

The saddle continues to work out really well for Presto, I remain pleased with the fit and I find it really comfortable to ride in. I was really worried about that, having been spoiled by French saddles for so long. I honestly can’t tell much difference between it and my Devoucoux, though, the feel is very similar. Can’t beat the Mark Todd for a budget buy! Presto is in the process of filling out again but luckily the saddle fits him a little wide as-is, so I can make adjustments with padding as needed. I check it pretty much weekly, he changes so fast.

It’s like there’s a new horse in the pasture every week. Speaking of, maybe I should ride this thing and like… trim his mane or something before his big bad Pile of Poles show debut this weekend. Or not. I’ll definitely dig out his sparkly navy jumper boots though. Sparkly navy makes everything better.