Chincoteague Pony Auction

The Pony Auction. takes place the day after the Pony Swim, beginning at 8 am at back of Carnival Grounds.

The auction fulfills two objectives.

In order to restore the herd, a repurchase pony is auctioned with the condition that it will be given back to the Fire Company and returned to Assateague Island. The majority of the young horses are sold at the auction to maintain a manageable size for the entire herd. Approximately 60 foals are born on Assateague Island, VA annually. The auction assists in regulating the herd’s overall population, preventing it from becoming excessively large. Some specific foals are assigned as ‘buybacks’.

The Chincoteague Volunteer Fire Company uses a portion of the funds raised during the auction to offer veterinary services for the ponies throughout the year. Additionally, the auction serves as a means of fundraising for the fire company.

The Chincoteague Volunteer Fire Company will provide auction winners with a certificate indicating their purchase of a Chincoteague Pony.

Chincoteague Pony Auction.

  • If you wish to bid early, there will be a huge space to close in front of possible and the crowds are large.
  • Put on a sun hat and sunscreen. Remember to bring ample beverages.
  • Paper and pencil are always useful. A camera is nice. The idea of quickly filling up the bleachers is a good one, since a folding chair is convenient.
  • There is no need for you to sign up for the auction.
  • If you lift your hand while the auctioneer is speaking, you ARE PLACING A BID.
  • Your means of transportation for your new foal must be approved by the pony committee. (A horse trailer).
  • Ponies must be collected by 5 pm on Friday.
  • The only valid methods of payment include Visa, Mastercard, and CASH. Checks will not be accepted by the Fire Department!
  • Chincoteague Pony Auction.

    Auction price history

  • The total sales recorded were $416,950, with a low bid of $2,400 and a high bid of $25,500. The total average cost was $5,559, with an average cost of $16,295 for buybacks and an average cost of $3,908 for non-buybacks. Among the 10 buybacks that were sold for $162,950, there were also 75 ponies included in the sales for 2021.
  • 2020: 68 horses; average price $5,705 (record); highest bid $28,250 (record); lowest bid $1,800; total revenue $388,000.
  • In the year 2019, a grand total of 57 ponies were purchased at an average price of $4,767. The highest offer soared to $17,500, whereas the lowest offer stood at $1,400. The overall revenue generated from these sales summed up to $271,700.
  • In the year 2018, a grand total of 53 ponies were purchased, with an average cost of $4,309. The highest offer reached a staggering $20,000, whereas the lowest offer stood at $1,000, culminating in a cumulative sales value of $228,400.
  • In the year 2017, a grand total of sixty-two ponies were purchased at a mean price of $3,385.48. The utmost offer soared to $15,000, whereas the minimum offer stood at a mere $1,100. The cumulative sales summed up to $209,900.
  • In the year 2016, a grand total of 57 ponies were purchased, fetching an average price of $2,659. The highest offer recorded an impressive $11,000, whereas the lowest bid stood at $550. The cumulative sales tallied up to an impressive sum of $151,550.
  • In the year 2015, a grand total of 61 small horses were purchased at an average cost of $2,779.94, establishing a fresh record. The utmost offer climbed to $25,000, similarly establishing a new record, whereas the minimum offer stood at $500. The overall revenue for the year added up to $169,576.
  • In 2014, a grand total of 54 ponies were purchased at an average price of $2,772.00, establishing a fresh milestone. The utmost offer soared to $21,000, similarly marking a new achievement, whereas the minimum bid stood at $700. Altogether, the cumulative sales equaled $149,700.
  • In the year 2013, a grand total of 55 ponies were purchased at an average price of $2,000.00. The highest offer climbed up to $12,000, whereas the lowest offer stood at $650. The overall revenue generated from the sales added up to $113,975.
  • In the year 2012, a grand total of 67 small horses were purchased at an average price of $1,436.00. The utmost offer reached a staggering $7,000, whereas the minimum bid stood at $400. Altogether, the sales summed up to a whopping $96,252.
  • In the year 2011, a grand total of 69 ponies were purchased at an average price of $1,442.00. The utmost bid achieved a staggering $6,700, whereas the minimum bid was a mere $450. The cumulative sales sum amounted to $99,500.
  • In the year 2010, a grand total of 59 ponies were purchased at an average cost of $1,310.00. The highest offer reached an impressive $8,100, whereas the lowest offer stood at $375. The total revenue generated from the sales added up to $77,275.
  • In the year 2009, a grand sum of 70 small horses were purchased at an average price of $1,344.29. The utmost offer reached a whopping $11,700, whereas the minimum offer stood at $500, leading to a cumulative value of sales amounting to $94,100.
  • In 2008, a grand total of 74 equines were purchased at an average price of $1,413.85. The utmost offer attained $9,500 while the minimum offer stood at $400, leading to a cumulative sales value of $104,625.
  • In 2007, a grand total of 73 ponies were purchased at an average price of $2,442.47, which stood as the prior record. The utmost bid even shattered the previous benchmark, soaring to $17,500, whereas the minimum bid stood at $700. The overall sales figure for that particular year stood at an astounding $178,300.00, establishing a fresh milestone.
  • 2006: 78 ponies sold, average cost $2150.64, high bid of $7500, low bid of $350 (3 yr old). Total sales were $167,750.
  • In 2005, a grand total of 66 ponies were purchased with an average price of $2255.30. The top bid peaked at $8000.00, whereas the bottom bid stood at $900.00. Altogether, the sales summed up to $148,850.00.
  • In 2004, a grand sum of 74 ponies were purchased at an average price of $1618.24. The utmost offer stood at $4000.00, whereas the minimum bid was $850.00. The overall revenue reached $119,750.00.
  • In the year 2003, a grand total of 71 small horses were purchased at an average cost of $1798.59. The utmost offer reached $6,600.00, whereas the minimum offer stood at $1,000.00. The total revenue generated from the sales summed up to $127,700.00.
  • In the year 2002, a grand total of 89 ponies were purchased at an average cost of $1,818.00, with the highest offer reaching $7,800.00 and the lowest offer at $950.00. The overall revenue generated was $161,800.00.
  • In the year 2001, a grand total of 85 ponies were successfully purchased, with an average selling price of $1,961.00. The highest offer reached an impressive $10,500.00, whereas the lowest bid stood at $1,000.00. Consequently, the cumulative sales reached a substantial amount of $166,725.00.
  • In the year 2000, a grand total of 84 ponies were purchased at an average cost of $2,060.00. The utmost offer reached $7,500.00, while the minimum offer was $1,300.00. The collective sales equaled $173,085.00.
  • In the year 1999, a grand total of 86 ponies were purchased at an average cost of $1,620.00, with the maximum offer reaching $4,200.00 and the minimum offer at $800.00.