TATTERSALLS (formerly spelled with an apostrophe) is the main
auctioneer of race horses in the United Kingdom and Ireland.
* 1 Founding
* 2 20th century
* 3 21st century
* 4 See also
* 5 References
* 6 External links
It was founded in 1766 by
Richard Tattersall (1724–1795), who had
been stud groom to the second
Duke of Kingston
Duke of Kingston . The first premises
occupied were near
Hyde Park Corner
Hyde Park Corner , in what was then the outskirts
of London. Two "Subscription rooms" were reserved for members of the
Jockey Club , and they became the rendezvous for sporting and betting
men. Among the famous dispersal sales conducted by "Old Tatt" were
those of the Duke of Kingston's stud in 1774 and of the stud of the
Prince of Wales (afterwards George IV ) in 1786. The prince often
visited Richard Tattersall, and was joint proprietor with him of the
Morning Post for several years. He was succeeded by his son, Edmund
Tattersall (1758–1810), who extended the business of the firm to
France. The third of the dynasty,
Richard Tattersall (1785–1859),
the eldest of Edmund's three sons, became head of the firm at his
father's death. He had his grandfather's ability and tact, and was the
intimate of the best sporting men of his time. Another Richard
Tattersall (1812–1870), son of the last, then took command of the
business. His great-grandfather's 99-year lease having expired, he
moved the business to
Knightsbridge in 1865. Richard was followed by
his cousin, Edmund Tattersall (1816–1898), and he by his eldest son,
Edmund Somerville Tattersall (1863–1942). Tattersall's new
Knightsbridge in 1865.
Tattersall's remained a family business until Somerville Tattersalls'
death in 1942, when it was passed to his partners, Gerald Deane,
Robert Needham and Terrence Watt. At this time Major Gerald Deane took
over as chairman. In 1965 it introduced bloodstock auctions at Park
Paddocks, Newmarket , and in 1988 it also began holding auctions at
Old Fairyhouse in
County Meath , Ireland.
Tattersalls Ltd (which has
dropped the apostrophe from its name) is now based in Newmarket. There
is a separate company in Ireland, but it shares some of the same
Tattersalls is the leading bloodstock auctioneer in Europe,
selling 10,000 horses a year. The horses are still priced in guineas
(originally 21 shillings and now one pound and five pence ), in
accordance with horse-racing tradition.
This firm (at the time trading under the style of "Messrs.
Tattersall") has the distinction of setting a judicial precedent on
the taxability of unclaimed balances (purchase moneys for horses that
had been paid to the firm but which had gone unclaimed for substantial
periods of time by the firm's clients). In Morley v Tattersall, the
English Court of Appeal held that such sums were not to be treated as
profits for the purposes of Income Tax.
In Ireland, yearling Sadler\'s Wells filly, who would be named Liffey
Dancer , set a new world record price of $5,330,000 (2.5 million
guineas ) at the October
Tattersalls Book 1 sale. The previous sale
record price was set at the 2000 Keeneland yearling sale for Moon's
Whisper at $4.4 million.
Liffey Dancer, out of the mare, Brigid, was sold to mobile phone
executive, Craig Bennett. She is a full sister to 2000 Irish champion
juvenile filly, Sequoyah and to the 2007 Group I winning filly called
Tattersalls Ltd announced that it had acquired a majority
stake in Osarus; a bloodstock sales company based in the South West
region of France which has been rapidly establishing itself within the
French market since its founding in 2007. The purchase was a
reflection of the French racing and breeding industry at the time,
which is respected and admired throughout the world.
Continuing in this trend,
Tattersalls Ltd, announced the completion
of its purchase of the bloodstock auctioneering business of
Brightwells Ltd in October 2015. The former Brightwells Bloodstock
division will be promoted as the
Tattersalls Ireland Cheltenham and
Tattersalls Ireland Ascot Sales.
George Tattersall (1817–1849), a son of the second Richard
Tattersall, who was a well-known sporting artist
* tattersall , a type of cloth named after the business, used
commonly in modern shirts.
* ^ http://tattersalls.com/news_article.php?id=296
* ^ http://tattersalls.com/news_article.php?id=399