Pony Swim – Pony Auction
July 26, 2018 @ 12:00 pm - 4:00 pm
Thursday, July 26, 2018 – Pony Auction
The purpose of the pony swim on Wednesday is to move the ponies from Assateague Island to Chincoteague Island so that the foals can be auctioned. The auction takes place the following day. The auction serves two purposes. First, the auction helps to control the overall size of the herd, keeping it from growing too large. Secondly, the auction is a fundraiser for the Chincoteague Volunteer Fire Company. The Fire Company uses some of the proceeds from the auction to provide veterinary care for the ponies through out the year. The auction begins at 8 am. Auction winners will receive a certificate saying that they purchased a Chincoteague Pony from the Chincoteague Volunteer Fire Company.
Each year the Fire Company designates a select few ponies as “Buy Backs”. A Buy Back Pony is a foal that is designated by the Fire Company to return to Assateague Island to live out its life there. The Buy Back Pony will be auctioned with the rest of the foals. The winner of a Buy Back Pony will get to name the Pony before it is returned to Assateague. Buy Back Ponies replenish the herd on Assateague. Buy Back Ponies have actually become some of the highest priced ponies sold at the auction.
Proceeds from the sale of one foal annually goes to a regional charity. Past recipients have included Wounded Warriors, Hospice, Palliative Care of the Eastern Shore, and Alzheimer’s Adult Care.
Each year the Feather Fund helps deserving children purchase ponies at the auction. The Feather Fund is a charity that was created to honor the memory of Carollynn Suplee, a woman who came to Chincoteague annually to help children buy ponies at the auction until she passed away from cancer in 2003. To learn more visit www.featherfund.org.
For more information about the auction, including tips for bidding and auction price history, please click here.