On 20 November 1983 Shergar’s foal sold at Goffs for 325,000 guineas.
The bidding opened at 100,000 guineas and slowly climbed to 325,000 breaking the European record but not the world record which stands at 600,000. Shergar’s son was bought by Sir Philip Payne-Gallwey and Joss Collins, agents for a worldwide syndicate.
Since Shergar was stolen in February 1983 his six month old son, from mare Galletto, has been kept under close guard. The hunt for Shergar continues with reward offers for information in excess of £250,000.
Earlier that day another colt from the same stud broke the Irish record reaching 290,000 guineas.
A RTÉ News report by Mary Fanning from 20 November, 1983.