Bidders spend a record $400K at Chincoteague pony auction

Virginia News

Copyright: The Associated Press

CHINCOTEAGUE, Va. (AP) — The Chincoteague Volunteer Fire Company says the Chincoteague Island’s pony auction netted more than $400,000, a record for the annual event.

The Daily Times reports that although the pandemic forced organizers to cancel festivities and hold the auction online for a second year, fans of the famed ponies still supported the auction, which ended Thursday.

Bidders spent $420,150, including $3,200 on donated items like quilts and wind chimes.

The company says that’s an all-time high, breaking a record $388,000 spent on ponies last year.

The money raised goes to the fire company, which is responsible for the ponies’ care.

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