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Magic Millions' Precious Gem has more to come

BY Bruce Clark - @snowyclark
2 years ago Breeding

Precious Gem. Pic: Sharon Chapman

It’s one of those rare racing stories where everyone’s a winner.

It’s about Precious Gem, bred by Richard Kerry and Jarrod Byers, who perform officially under the name Millford Thoroughbreds but who syndicated an Econsul yearling to a big group of mates for $15,000.

They sat at a table at Magic Millions on the Gold Coast and watched the hammer go down at $825,000 to none other than the ubiquitous China Horse Club, now the new owner of their dream horse.

The others in this equation are Echuca trainers Gwenda and Mick Johnstone and her current (and better news for him) ongoing trainer Henry Dwyer.

She was well named, a precious gem though she doesn’t carry bloodlines that bleed blue, more blue collar.

Econsul, despite being a Caulfield Guineas winner, has hardly been a runaway success in the demanding breeding and racing world of results.

The Johnstones did the hard yards early with Precious Gem and got her seven wins, one Listed, and multiple black type placings.

The owners thought a chance for something more was Dwyer’s job and he delivered the ultimate - a recent Group 1 win in the Sangster Stakes in Adelaide - multiplying her value at Magic Millions.

Precious Gem’s owners had already won $660,000 plus in stakes before the massive sales result, the experience valuable and priceless at the same time.

“It’s just one of those good stories where everyone i...

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