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Study Regarding the Factors Influencing the Price at PSI Annual Auction

Received: 13 December 2021     Accepted: 6 January 2022     Published: 14 January 2022
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Abstract

Performance Sales International, short PSI offers the perfect setting for this elite horse auction, not only because it offers the most successful horses trained for dressage and jumping, but also for the accommodation services offered by adjacent hotel See-und Sport. Every year in December Ullrich Kasselmann and Paul Schockemöhle present their international clientele with an exclusive selection of quality young dressage and jumping horses destined for the top echelons of the sport. At PSI Auction, the annual performance sales that take place is presented to the international clients an exclusive number of young horses for training or jumping over obstacles, destined for the biggest international equestrian competitions. The purpose of this study is to see wich of the 3 factors: horse’s sex and year of birth, and the equestrian discipline influence the auction price for the horses analyzed. In this study were examined all the horses participating in the auctions in 2019y and 2020y, on Eurodressage, taking into account the economic aspect of the 3 factors: horse’s sex and year of birth, and the equestrian discipline. The data were statistically processed using SPSS Version 21 for Windows (IBM, USA). Data were interpreted using Excel 2007 (Microsoft) and analyzed using SPSS Version 21 for Windows (IBM, USA). The alpha value was set at 0.05 for all statistics. Following the analysis of the results, regarding the year of birth (all participants in this study being young horses), the sex of the horses, and also the equestrian discipline, there were no significant differences between the analyzed variables: horse’s sex, year of birth, and the equestrian discipline. In conclusion, the auctioned horses, whether they are mares, stallions, or gelding, whether the year of birth or breed, after being selected for participation in the auction, horses are sold at very high prices and will be capitalized according to the buyer's interest in the reproductive direction, as well as for sports, being trained for the biggest competitions in the world.

Published in American Journal of Zoology (Volume 5, Issue 1)
DOI 10.11648/j.ajz.20220501.11
Page(s) 1-6
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2022. Published by Science Publishing Group

Keywords

Horses, Equestrian, Price, Auction

References
[1] Bennet, DK, 1986-The Origin of Horse Breeds, Equus, Oxford, England Boarding School. Vol. 7.
[2] Bowling A. T. I., Valle A., Bowling M., 2000-A pedigree-based study of mitochondrial DNA sequences D-Loop variation among, Arabian horses. Animal Genetics, p. 31.
[3] Dubois C., Ricard A., 2007: The efficiency of the previous selection of the French sport horse: Selle Français breed and suggestions for the future, Zootchnics, no. 112, pp. 161-171.
[4] Dulugeac I. (2005) Sports Horses, Arena Publishing House, Bucharest, ISBN: 9739052681.
[5] Lungulescu Gh., Table I. (1999) Horse Development, Mirton Publishing House, Timişoara.
[6] Reed Tom (2008) A Special Role of TBs in Sports Races, Boarding School, Vol. 7.
[7] V-Plus Gold, Price Highlight of 2019 PSI Auction, Record Edition at 40th Anniversary (eurodressage.com).
[8] V-Plus | SporthorseData (sporthorse-data.com).
[9] History - P. S. I. Auction (psi-auktion.de).
[10] P. S. I. Auktion - Performance Sales International (psi-auktion.de).
[11] Ermelo, NED (2018). World Young Horse Championships 2 - 5 August 2018. Scores: 2018 World Championships for Young Dressage Horses Retrieved 20 October 2020, from http://www.eurodressage.com/2018/08/02/scores-2018-world-championships-young-dressage-horses.
[12] Team wwwabouthorses.eu, (2016). Equestrian Sports Introduction. Retrieved 01 November 2020 from https://www.desprecai.eu/.
[13] Thomas Hellmann (2020). A journey through more than 40 years of P. S. I. history. Retrieved 05 November 2020 from https://psi-auktion.de/.
[14] Paul Schockemöhle & Ullrich Kassselmann (2020). Success made by PSI. Retrieved 05 December 2020 from https://hof-kasselmann.de/en/about-us/history/.
[15] Paul Schockemöhle & Ullrich Kassselmann (2020). Hof Kasselmann Hybrid Auction. Retrieved 20 December 2020 from https://hof-kasselmann.de/en/auctions/.
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    Mălina Carina Spulber, Ioan Gîlcă, Marius Gheorghe Doliş, Roxana Nicoleta Raţu, Răzvan Mihail Radu-rusu, et al. (2022). Study Regarding the Factors Influencing the Price at PSI Annual Auction. American Journal of Zoology, 5(1), 1-6. https://doi.org/10.11648/j.ajz.20220501.11

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    Mălina Carina Spulber; Ioan Gîlcă; Marius Gheorghe Doliş; Roxana Nicoleta Raţu; Răzvan Mihail Radu-rusu, et al. Study Regarding the Factors Influencing the Price at PSI Annual Auction. Am. J. Zool. 2022, 5(1), 1-6. doi: 10.11648/j.ajz.20220501.11

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    AMA Style

    Mălina Carina Spulber, Ioan Gîlcă, Marius Gheorghe Doliş, Roxana Nicoleta Raţu, Răzvan Mihail Radu-rusu, et al. Study Regarding the Factors Influencing the Price at PSI Annual Auction. Am J Zool. 2022;5(1):1-6. doi: 10.11648/j.ajz.20220501.11

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  • @article{10.11648/j.ajz.20220501.11,
      author = {Mălina Carina Spulber and Ioan Gîlcă and Marius Gheorghe Doliş and Roxana Nicoleta Raţu and Răzvan Mihail Radu-rusu and Claudia Pânzaru},
      title = {Study Regarding the Factors Influencing the Price at PSI Annual Auction},
      journal = {American Journal of Zoology},
      volume = {5},
      number = {1},
      pages = {1-6},
      doi = {10.11648/j.ajz.20220501.11},
      url = {https://doi.org/10.11648/j.ajz.20220501.11},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ajz.20220501.11},
      abstract = {Performance Sales International, short PSI offers the perfect setting for this elite horse auction, not only because it offers the most successful horses trained for dressage and jumping, but also for the accommodation services offered by adjacent hotel See-und Sport. Every year in December Ullrich Kasselmann and Paul Schockemöhle present their international clientele with an exclusive selection of quality young dressage and jumping horses destined for the top echelons of the sport. At PSI Auction, the annual performance sales that take place is presented to the international clients an exclusive number of young horses for training or jumping over obstacles, destined for the biggest international equestrian competitions. The purpose of this study is to see wich of the 3 factors: horse’s sex and year of birth, and the equestrian discipline influence the auction price for the horses analyzed. In this study were examined all the horses participating in the auctions in 2019y and 2020y, on Eurodressage, taking into account the economic aspect of the 3 factors: horse’s sex and year of birth, and the equestrian discipline. The data were statistically processed using SPSS Version 21 for Windows (IBM, USA). Data were interpreted using Excel 2007 (Microsoft) and analyzed using SPSS Version 21 for Windows (IBM, USA). The alpha value was set at 0.05 for all statistics. Following the analysis of the results, regarding the year of birth (all participants in this study being young horses), the sex of the horses, and also the equestrian discipline, there were no significant differences between the analyzed variables: horse’s sex, year of birth, and the equestrian discipline. In conclusion, the auctioned horses, whether they are mares, stallions, or gelding, whether the year of birth or breed, after being selected for participation in the auction, horses are sold at very high prices and will be capitalized according to the buyer's interest in the reproductive direction, as well as for sports, being trained for the biggest competitions in the world.},
     year = {2022}
    }
    

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    AU  - Mălina Carina Spulber
    AU  - Ioan Gîlcă
    AU  - Marius Gheorghe Doliş
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    DO  - 10.11648/j.ajz.20220501.11
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    JF  - American Journal of Zoology
    JO  - American Journal of Zoology
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    SN  - 2994-7413
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    AB  - Performance Sales International, short PSI offers the perfect setting for this elite horse auction, not only because it offers the most successful horses trained for dressage and jumping, but also for the accommodation services offered by adjacent hotel See-und Sport. Every year in December Ullrich Kasselmann and Paul Schockemöhle present their international clientele with an exclusive selection of quality young dressage and jumping horses destined for the top echelons of the sport. At PSI Auction, the annual performance sales that take place is presented to the international clients an exclusive number of young horses for training or jumping over obstacles, destined for the biggest international equestrian competitions. The purpose of this study is to see wich of the 3 factors: horse’s sex and year of birth, and the equestrian discipline influence the auction price for the horses analyzed. In this study were examined all the horses participating in the auctions in 2019y and 2020y, on Eurodressage, taking into account the economic aspect of the 3 factors: horse’s sex and year of birth, and the equestrian discipline. The data were statistically processed using SPSS Version 21 for Windows (IBM, USA). Data were interpreted using Excel 2007 (Microsoft) and analyzed using SPSS Version 21 for Windows (IBM, USA). The alpha value was set at 0.05 for all statistics. Following the analysis of the results, regarding the year of birth (all participants in this study being young horses), the sex of the horses, and also the equestrian discipline, there were no significant differences between the analyzed variables: horse’s sex, year of birth, and the equestrian discipline. In conclusion, the auctioned horses, whether they are mares, stallions, or gelding, whether the year of birth or breed, after being selected for participation in the auction, horses are sold at very high prices and will be capitalized according to the buyer's interest in the reproductive direction, as well as for sports, being trained for the biggest competitions in the world.
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