HGTY

Broad Arrow Presents 40 Influential Mercedes-Benz Youngtimer Cars from The Patina Collective via its Global Icons Online Auction Series

Investor: Hagerty-Backed Broad Arrow Launches No-Reserve Patina Collective Online Auction

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    <h3>Information</h3>
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    <h3>AI Summary</h3>
    <p>Broad Arrow, backed by Hagerty, unveils the first North American installment of Global Icons: The Patina Collective, a 40-car online auction of rare Mercedes-Benz models offered without reserve. The sale signals growing demand for non-US MBs and Youngtimer classics, potentially expanding Hagerty&#039;s auction-related revenue and cross-sell opportunities within its automotive ecosystem.</p>
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    <h3>Key Points</h3>
    <ul><li>Broad Arrow, backed by Hagerty, launches 40-car Global Icons online auction; no reserve.</li><li>Top lots: 1993 MB 500 E AMG 6.0 est $150k-$180k; Limited Prototype est $100k-$150k.</li><li>Auction runs Aug 10-21; online bidding; includes many non-US Mercedes-Benz models.</li><li>Hagerty highlights Broad Arrow tie; Patina Collective marks North American online debut.</li></ul>
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    <h3>Companies Mentioned</h3>
    <ul><li><strong>Hagerty, Inc. (HGTY)</strong>: Backs Broad Arrow&#039;s Global Icons sale; potential cross-sell and revenue growth across Hagerty’s ecosystem.</li><li><strong>Broad Arrow Auctions</strong>: Operator of the Patina Collective auction; ties into Hagerty&#039;s ecosystem with potential fee revenue.</li><li><strong>The Patina Collective</strong>: 40-car Mercedes-Benz lineup; NA debut for Broad Arrow; anchors auction prestige.</li></ul>
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    <h3>Industry News</h3>
    <p>Industry News: Highlights Hagerty&#039;s strategic expansion into premium online auctions via Broad Arrow, reinforcing its ecosystem approach to the automotive market.</p>
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    <h3>Market-Moving</h3>
    <ul><li>No-reserve online sale could lift realized prices and Broad Arrow/Hagerty fees.</li><li>Aug 10-21 bidding window creates near-term sentiment and visibility for HGTY.</li><li>Focus on rare MB models may attract a premium collector audience, expanding Hagerty&#039;s marketplace.</li><li>Signals expansion of Hagerty&#039;s automotive ecosystem into high-end auctions.</li></ul>
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    <h3>Key Facts</h3>
    <ul><li>40-car offering from The Patina Collective.</li><li>Open bidding August 10-21.</li><li>1993 Mercedes-Benz 500 E AMG 6.0 est $150k-$180k.</li><li>1993 Mercedes-Benz 500 E Limited Prototype est $100k-$150k.</li><li>1986 Mercedes-Benz 560 SEC ABC-Exclusive Widebody est $55k-$60k.</li><li>1995 Mercedes-Benz E 36 AMG Touring est $50k-$55k.</li></ul>
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    <h3>Trading Thesis</h3>
    <p>HGTY could see modest near-term upside as Hagerty leverages Broad Arrow; long-term upside depends on auction scale.</p>
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    <h2>Broad Arrow Auctions Launches First North American Installment of Global Icons Online Auction Series Featuring The Patina Collective</h2>
    <p>Grosse Pointe, Michigan, July 16, 2026 (GLOBE NEWSWIRE) -- <strong>Broad Arrow Auctions, driven by Hagerty (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/HGTY">HGTY</a>)</strong>, announces the first North American installment in its <strong>Global Icons Online Auction Series</strong>, featuring a limited offering from <strong>The Patina Collective</strong>. This extraordinary group of <strong>40</strong> of the world’s most influential and culturally significant modern Mercedes-Benz automobiles from the marque’s celebrated Youngtimer era will be <strong>presented entirely without reserve</strong>—an exceptional opportunity for new and seasoned collectors alike.</p>
    <p>The Patina Collective is widely recognized in the hobby as more than a collection of rare automobiles. It celebrates an era defined by bold design, individuality, and excess, while reflecting a deep-rooted passion for Mercedes-Benz heritage and the preservation of these increasingly rare widebody masterpieces. Broad Arrow’s limited offering from The Patina Collective provides collectors with a rare chance to acquire some of the most distinctive and era-defining Mercedes-Benz automobiles ever produced, including many seldom-seen non-U.S. market models.</p>
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    <h2>Executive Perspective and Market Context</h2>
    <p>“<strong>These are not your traditional Mercedes-Benz collector cars or even your typical AMG collectibles</strong>,” says <strong>William Cooper, Car Specialist for Broad Arrow Auctions</strong>. “<em>Our offering from The Patina Collective represents an era of wild design and true excess coupled with incredible performance</em>. The group speaks to an emerging market for a new generation of car collectors who are after the most unique and eclectic cars from the 1980s and 1990s, a group of cars that have earned a longstanding cult following and that are now coming into their own as true collectibles. The Patina Collective has an incredible reputation for assembling rare, high-quality finds and Broad Arrow’s online auction offers the chance to acquire these cars with confidence in their provenance, with importation complete, and entirely without reserve.</p>
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    <h2>Key Highlights: 40-Car Offering from The Patina Collective</h2>
    <ul>
      <li><strong>1993 Mercedes-Benz 500 E AMG 6.0</strong> (<strong>Estimate: $150,000 - $180,000</strong> | <strong>Offered Without Reserve</strong>)</li>
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    <p>This rare precursor to the later E 60 AMG reflects AMG’s early development philosophy before its full integration into Mercedes-Benz. Finished in "triple-black" Black (040) over Black leather and featuring body-colored 17-inch AMG Aero I wheels and Recaro front seats, this pre-merger AMG is powered by a 6.0-liter AMG-built "M119" V8, stamped and certified by AMG. The car is accompanied by a comprehensive history file, including the original bill of sale, AMG order form, German registration documents, service records, and an AMG Classic Conversion Confirmation verifying period Affalterbach modifications.</p>
    <p><strong>1993 Mercedes-Benz 500 E Limited Prototype</strong> (<strong>Estimate: $100,000 - $150,000</strong> | <strong>Offered Without Reserve</strong>)</p>
    <p>As one of the earliest known physical embodiments of the 500 E Limited concept program, this example offered by Broad Arrow occupies a singular position within Mercedes-Benz development history, directly bridging internal design validation and the eventual production E 500 Limited series. Constructed as a factory exhibition vehicle with option code 994 for the 1993 Frankfurt IAA Motor Show, this prototype was built for early evaluation of the "Limited" concept. It boasts the distinctive two-tone Black and Green patterned leather interior, EVO II wheels, and birds eye maple trim combination that became code 286 and is equipped with the full executive specification including memory seats, power rear sunshade, Becker MB Exquisit audio with CD changer, D-Net telephone, and more. Offered with 68,578 kilometers (approximately 42,500 miles), this is the original essence of a "wolf in sheep’s clothing."</p>
    <p><strong>1986 Mercedes-Benz 560 SEC ABC-Exclusive Widebody</strong> (<strong>Estimate: $55,000 - $60,000</strong> | <strong>Offered Without Reserve</strong>)</p>
    <p>This is a well-preserved example of the unapologetic opulence that defined the 1980s. With ABC Exclusive bodykit-equipped Mercedes remaining unicorns to encounter, this is a rare opportunity to acquire one such example enriched by a host of bespoke period touches, a striking factory color combination, and detailed maintenance history from new. Finished in factory correct Barolo Red over a Palomino leather interior and fitted with signature Gotti wheels, Recaro C seats, and more, this 560 SEC ABC-Exclusive Widebody is powered by the 5.5-liter V8, Mercedes’ most powerful powerplant in the U.S. in period.</p>
    <p><strong>1995 Mercedes-Benz E 36 AMG Touring</strong> (<strong>Estimate: $50,000 - $55,000</strong> | <strong>Offered Without Reserve</strong>)</p>
    <p>This is a final-year example of the S124, believed to be one of 30 upgraded to E 36 AMG specification in 1995. Powered by an AMG enhanced 3.6-liter M104 inline-six, the car retains its correct AMG-stamped engine block and rare "3.6" intake plenum mated to a four-speed automatic transmission. The E 36 is finished in Brilliant Silver Metallic over Black leather with ASD, heated Sportline seats, rear-facing third-row jump seat and air conditioning, while additional AMG featured include a body kit, 17-inch Aero I Sport multi-piece wheels, and a 280 km/h AMG speedometer. Among the rarest and most charismatic AMG-tuned Mercedes-Benz tourings of the era, this E36 AMG Touring offers a compelling blend of performance, practicality, and exclusivity. With its documented history, authentic AMG drivetrain, and final model year production, it stands as a highly desirable example from AMG's golden age.</p>
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    <h2>Auction Details and How to Participate</h2>
    <p>Additional information on all <strong>40 lots</strong> is available at broadarrowauctions.com. Broad Arrow’s presentation of Global Icons: The Patina Collective is open for bidding from <strong>August 10-21</strong>. Interested bidders may register to bid and connect with a Broad Arrow Auctions car specialist via the website or by calling <strong>+1 313 312 0780</strong>. In-person preview opportunities will be made available by appointment only.</p>
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    <h2>Media and Editorial Notes</h2>
    <p>Members of the media interested in additional information, high-res images, or in speaking with a Broad Arrow Car Specialist are invited to reach out to the Broad Arrow Press Team at <a href="https://www.globenewswire.com/Tracker?data=ATBYFQHuG17jQYCo5n1jaFh9awbu2Px0WxBLJyEGS9utb7H8evqzHOHH5I1ndh8rMmnNstN3OqLsPD_3AiwzMfa1FqiLjxF4ndI5OaguW5r0uAmhQzvo42XvWMQa_D8z" rel="nofollow" target="_blank">press@broadarrowauctions.com</a>.</p>
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    <h2>Editor’s Notes</h2>
    <p><strong>Photo Credits</strong>: All images by Jasen Delgado/Courtesy of Broad Arrow Auctions.</p>
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    <h2>About Broad Arrow Auctions</h2>
    <p>Broad Arrow Auctions, <strong>driven by Hagerty</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/HGTY">HGTY</a>), is a leading global collector car auction house founded in 2021 by industry veterans. As the fastest-growing auction house in its segment, Broad Arrow connects exceptional collector cars with enthusiasts worldwide through flagship events including The Broad Arrow Quail Auction (the official auction of The Quail by The Peninsula, A Motorsports Gathering), The Amelia Concours Auction (the official auction of The Amelia Concours), The Porsche Auction in collaboration with Air | Water by Luftgekühlt, the Las Vegas Auction in partnership with Concours at Wynn Las Vegas, as well as international auctions held in partnership with Concorso d’Eleganza Villa d’Este, Zoute Grand Prix, and Auto Zürich.</p>
    <p>Learn more at broadarrowauctions.com and follow us on social media.</p>
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Broad Arrow, backed by Hagerty, unveils the first North American installment of Global Icons: The Patina Collective, a 40-car online auction of rare Mercedes-Benz models offered without reserve. The sale signals growing demand for non-US MBs and Youngtimer classics, potentially expanding Hagerty's auction-related revenue and cross-sell opportunities within its automotive ecosystem.

Broad Arrow Presents 40 Influential Mercedes-Benz Youngtimer Cars from The Patina Collective via its Global Icons Online Auction Series

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Industry News

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