Famous for setting the record price of $450,000 for the sale of a ram – the highest in the world – one of the most recognised Australian pastoral stations and significant merino studs in Australia has sold.
The sale of Collinsville station and the famous Collinsville merino and poll merino studs was negotiated by father and son sales team, Geoff and Daniel Schell, of Ray White Clare Valley.
“The Collinsville genetics reportedly influence around one third of the country’s national wool clip.”
“Collinsville station and the Collinsville merino & poll merino studs have dominated the merino industry throughout Australia for generations and it is one of the world’s most recognised brands,” Geoff said
A testament to the quality of the Collinsville bloodline, the number one ram from Collinsville station sold for $66,000 at the Royal Adelaide Show last Friday.
“This was the highest price achieved for around 17 years so to achieve this outstanding sale result is a huge credit to the management and staff of Collinsville and their sheep” Geoff explains.
“Historically, Collinsville station holds the title for the highest sale in the world, having sold a merino ram for $450,000 in the late 1980s.”
This sale included the property, Collinsville station as well as the merino and poll merino bloodline. The buyer is young South Australian entrepreneur, George Millington, who with his wife Sophie also owns “Cappeedee” station near Hallett.
“Initially, the station was put to market alone – the stud was not originally planned to sell.
“Following an extensive national marketing campaign, we took the property to auction in November 2013.We received more than 70 enquiries including international interest. We had bidders on the day, but the property passed in.
“George Millington approached us again a couple of months ago and indicated that he was interested not only in the station, but the stud as well. We took this proposal to the owners and we managed to negotiate a deal,” Geoff explains.
The vendors, prominent rural identities Paddy and Helen Handbury, purchased the stud empire in 1995 after it went into receivership in 1991.
“Paddy and Helen played a pivotal role in the survival of the Collinsville merino & poll merino studs as one of the nation’s great suppliers of superior merino genetics,” Geoff concludes.