Dmitry Konstantinovich was entranced with his new position, one of which demanded that he traveled across Russia and Europe, selecting the finest horses. Acting on his advice, the Imperial Stud purchased Galtee More, who had won the Derby in Great Britain, for an astronomical 200,000 rubles; as soon as he arrived in Russia, the thoroughbred was put to stud at Tsarskoye Selo. Dmitry Konstantinovich held the post until 1905, when he was replaced with Major-General Alexei Zdnovich. On 10 January 1904, Dmitry Konstantinovich relinquished command of the Horse Guard grenadiers Regiment. Although he would have been happy to remain in his post, his eyesight was failing rapidly, in detriment to his military career. Reluctantly he recognized that by remaining he was depriving another, more capable man of advancement. On leaving active service, the grand duke generously gave his dacha at Krasnoye Selo to the Horse Guards Regiment, to be used as an officer's club.