Schumer Bloodstock Agency
Post Office Box 8238
Louisville, Kentucky 40257 USA
Phone 502.454.7607
Fax 502.454.7677
Mobile 502.664.5481
crs@schumerbloodstock.com
PINHOOKING
Perhaps the most interesting and exciting investment opportunity available today, pinhooking
is essentially buying to resell, much like commodities or stocks. There are many different
categories such as weanling to yearling, yearling to two-year-old, broodmare prospect to in-foal
mare, etc. Horses can be pinhooked for a couple of thousand dollars or as much as hundreds of
thousands.
Some of our notable pinhooking transactions include a Cahill Road colt purchased privately for $20,000 and resold just four months later in the Keeneland September yearling sale for $52,000, a Red Ransom colt purchased privately as a weanling for $35,000 and resold the following year at Keeneland's September yearling sale for $230,000, and a Sheikh Albadou colt purchased privately for $40,000 and resold for $115,000 also at Keeneland September. Further, mares purchased include ones in foal to Salt Lake and Marquetry for $16,000 and $15,000 whose resultant foals sold the next year for $72,000 and $40,000 respectively.
We are always searching for prospects and can advise or form a partnership to fit your needs or goals. Please contact us for more information.