When you decide to sell one of your minis how do you decide how much they're worth?
Mostly it comes down to market value, you need to see what else (of similar quality and standards [regos, bloodlines, show results of foal and/or parents, performance of siblings]) is selling (not advertised, but selling) for in your area.
Gelding prices are shocking but I refuse to sell one of mine for less then $1000, that's for a horse gelded (at my expense) registered, halter trained and with my ongoing support. Obviously I can be swayed a little by the right home
Fillies climb from there depending on quality and a colt will never leave here for less then $2000, IMHO if they aren't worth that at the least then they aren't worth being colts.
You need to know how long you can run an animal on for as well. Say Picasso doesn't sell before winter, that won't hurt me at all!
He'll go out with the boys for winter, maybe come back in for some more showing and training, I'm happy to take the time to find the right home, at the right price and I'll just keep putting the work on him to make him even more appealing. But if you don't have the time or space you might feel more pushed to sell sooner and as such lower your asking price a bit.
Also never rely on your foal money, I never like being in the situation where I feel pushed to sell or where any horse has a price. At Nationals I got offered twice what I paid for Special, an insane price tag for a gelding and I turned it down. Having Spesh in my life is worth more to me then his potential price tag and because I'm not pushed to sell anyone I can make that choice. I like having the ability to indulge myself
When a foal sells I'll just put that money back into the stud by improving a facility or saving up for something new (like a swish bang float!) but it isn't needed to pay an urgent bill.
I think I've rambled a bit
but I don't see it as a cut and paste answer, there's a lot to consider so there, at least, are my thoughts. If anyone else wants to chime in on the topic go for it