We have a habit of attending the tack and horse auction about two hours from where we live, and we usually meet some of our horse buddies there. It's sort of like a social gathering, more than wanting to buy tack or horses.
Horses are selling cheap these days and we had looked down through the halls at what was offered this particular time, and we weren't impressed with the selection. During the auction, we were all laughing and carrying on as we usually do, when one of the horses caught my eye. He was a very thin four-year old bay half Arabian stud horse. A man was riding him around the ring. He obeyed all the commands he was given and seemed very docile. No one bid on him. The auctioneer tried to get a hundred dollars for him, went down to fifty and finally down to twenty dollars. I poked my husband and told him to bid on the horse. He bid $20. No one else bid against him. The auctioneer stopped and asked my husband if he would give $30 because that is the fee for running the horse through. He said yes, and we bought him.
One of our friends, a cowboy, told us that he could geld the horse first thing in the morning. I won't go into the details, but he got the job done. After a few weeks of healing and a lot of feeding, we started riding "Dollar". He turned out to be a great horse. He was broke, but still had a few problems. He would toss his head when you rode and sometimes would throw the reins over his head if you weren't paying attention. Another thing he was bad about doing was putting his ears back when you fed him. He acted like he would charge you and bite at any second. Our friends used him for roping for a while, and we had several nice trail rides on him.
Then a friend gave me a mare. And we found out that Dollar was "proud cut". He acted more like a stud than he had when he was a stud. We decided we couldn't keep both the mare and Dollar. So my husband gave Dollar away to a man who only had geldings, no mares. So now, Dollar has a good home and is well kept. We are glad that he came into our lives and we were able to own him for a while.