Serious art investors sometimes send purchases directly to storage without unwrapping them
Jimmy Basile · Art Investment 101: The Asset Everyone Overlooks · Jul 15, 2025 · at 14:46
Jimmy Basile, art advisor at Beverly Hills Art Exchange, explains to Paul Morris how pure financial buyers interact with fine art acquisitions.
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“Those clients already have a collection of art. They don't even hang the art. They buy the art. Sometimes they don't pick it up for months or they get it goes right into their storage and never even unwrap it. They know what they have. They consider it just like a stock. They put it away.”
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