Big Brown Brilliant Speed Caleb's Posse Exchange Rate Flower Alley Ice Box Sky Mesa War Chant Yes It's True


By Anne Peters

Exchange Rate comes to Three Chimneys Farm for the 2008 breeding season with a proven record as a sire which allows us to get a general idea of what bloodlines he is already working with and might work with standing in Kentucky.

A $1,400,000 Keeneland July Select Sale yearling in 1998, the handsome grey colt is a son of Danzig and the stakes-winning mare Sterling Pound, a daughter of Seeking the Gold. Danzig represents perhaps the most successful of the many successful sirelines descending from the great Northern Dancer. Starting with his first champion, Chief's Crown, who entered stud at Three Chimneys, Danzig forged a reputation as a great sire of sires. His descendants include Danehill, Green Desert, Anabaa, Polish Precedent, Langfuhr, Honor Grades, War Chant - who also stands at Three Chimneys - and now Exchange Rate.

Exchange Rate's dam, Sterling Pound, was a Grade 3 winner on the dirt and also produced the English Group 3 winner Sabre d'Argent (by Kris S.). Her dam, Spectacular Bev by Spectacular Bid, was also a stakes winner; the third dam was stakes-placed Bev Bev by Nijinsky II; and the fourth dam was the outstanding broodmare Native Partner (by Raise a Native). Native Partner's offspring include the champion Ajdal, also Group/Grade 1 winners Flying Partner and Formidable, and Group 3 winner Fabuleux Jane. This is the immediate family of top class Arazi, Noverre and Joyeux Danseur.

Exchange Rate has sired 8 stakes winners so far (through July 11, 2007), led by the Grade 1-winning fillies Ermine and Swap Fliparoo, Grade 3 winners Xchanger and Rated Feisty, and stakes winners Blazing Rate, Cream Only, Yourmoneysnogood and Exchanging Fire. Of these 8 good ones, 3 are from Mr. Prospector-line mares, the dams of Xchanger (by Crafty Prospector), Rated Feisty (by Count The Time, a son of Regal Search by Mr. Prospector), and Blazing Rate (out of an own daughter of Mr. Prospector).

Since Exchange Rate's dam is by Seeking the Gold, by Mr. Prospector, these stakes winners from Mr. Prospector-line mares represent inbreeding to one degree or another Ð as close as 4x2 in the case of Blazing Rate, and 4x3 in Xchanger. A fourth, Yourmoneysnogood, has a cross of Mr. Prospector's sire, Raise a Native through his dam's sire Northern Flagship (by Northern Dancer out of a daughter of Raise a Native).

It's not uncommon for a stallion to do well when bred back to a key strain found in his dam's pedigree, and that's what might be at work here. So we'd encourage Mr. Prospector-line mares for Exchange Rate, since we know it's worked with him already and is based on a proven formula in a broader sense.

This is the most obvious nick but it is not the only one at this early stage of his young career. Another common thread for several of these Exchange Rate stakes winners is the presence of Bold Ruler in their dams. Bold Ruler is doubled up in Ermine's dam 6x3 (she's from the Bold Ruler male line through Seattle Slew, Slew o' Gold, and Thirty Six Red; and her dam is by Bold Ruler's son Wajima). Exchanging Fire is also out of a Bold Ruler-line mare by Caveat (by Cannonade, by Bold Bidder). Cream Only has a cross of Bold Ruler through Time For a Change's dam (by Bold Ruler's son Reviewer).

So stallions with close or multiple strains of Bold Ruler should work well. A.P. Indy is by Seattle Slew, inbred to Bold Ruler and is bred similarly to Ermine's dam's sire, Thirty Six Red, since he's also got Buckpasser in his second dam. A.P. Indy's son Pulpit, who is out of a mare by Mr. Prospector and has with a further strain of Bold Ruler through What a Pleasure, also looks hopeful. Gone West and many of his line including Mr. Greeley (4x3 to Bold Ruler) have a close concentration of Bold Ruler blood.

G1 winner Swap Fliparoo is out of a mare by Buckaroo, a son of Buckpasser out of a mare by No Robbery. This gives her a parallel to Exchange Rate's other G1 winner Ermine, whose dam is by Thirty Six Red, a son of Slew o' Gold. What these two have in common is a cross of Buckpasser, since Slew o' Gold was out of a mare by Buckpasser. They also have crosses of Bold Ruler and Prince Rose in common, but that's further back. Buckpasser is not hard to find, although the best sources seem to be through his daughters, the dams of Woodman, Miswaki, El Gran Senor, Private Account, and many others.

There's another bloodline working with Exchange Rate as well, found in Rated Feisty, Cream Only and Yourmoneysnogood. Rated Feisty's dam is inbred 4x3 to Damascus (through his sons Timeless Moment and Ogygian), while Cream Only's dam is a daughter of Damascus's son Time For a Change. Yourmoneysnogood's granddam is an own daughter of Damascus. Look for these sources of Damascus as well as Cutlass, Zen, Bailjumper, Bold Badgett, Crusader Sword, Desert Wine, and Eastern Echo.

There's another parallel since Rated Feisty's third dam was by Intentionally, and Cream Only's second dam was by Valid Appeal, a grandson of Intentionally. Not only is the Damascus/Intentionally cross working here more than once, Intentionally also shows up in the dam of Crafty Prospector (dam's sire of Xchanger). He should also appreciate the Fappiano/In Reality crosses like Unbridled and Pentelicus.

Mares with crosses of In Reality and his sire Intentionally are prime candidates, and would include daughters and granddaughters of Relaunch, Valid Appeal, and Tentam to name a few. Daughters of Tiznow and Officer, both bred on the Relaunch/Seattle Slew nick, have real possibilities here.

Although he's a Northern Dancer grandson through Danzig, Exchange Rate has only 1 stakes winner out of a mare with an additional cross of Northern Dancer, Yourmoneysnogood out of a daughter of Northern Flagship. The inbreeding to Northern Dancer is a close 3x3, but what's also worth noting is that Northern Flagship is a direct son of Native Partner, Exchange Rate's fourth dam, so that great broodmare is inbred 5x3 in Yourmoneysnogood's pedigree.

So these seem to be the major key strains for Exchange Rate at this point in time:

  • Mr. Prospector (inbreeding)
  • Buckpasser (inbreeding)
  • Damascus
  • In Reality and his sire Intentionally
  • Bold Ruler (inbreeding)

Students of pedigree might recognize that these are all stallions that tend to "travel well together" through pedigrees. Mr. Prospector tended to nick well with Buckpasser, Bold Ruler and In Reality (by Intentionally). Damascus nicked well with Bold Ruler and In Reality. In Reality also nicked well with Bold Ruler and Seattle Slew. Why they're working together might be because of similar genetic backgrounds further back, but the "why" is not as important as recognizing the pattern and using it. When you identify a round table of affinities like that, you should pay attention.

Exchange Rate comes to us from Florida but his pedigree is first class. His ability to upgrade the Florida-based mares he was bred to for his first several seasons gives us reasons to believe that he could be the next son of Danzig to hit it big in Kentucky.