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The Independent UK
The Independent UK
National
Josh Marcus

Masterworks: The $1bn company selling paintings as stocks and changing art forever

Courtesy of Masterworks

The most impactful, thoroughly modern art collection in the world does not sit in some industrialist’s private collection, nor in the great museums of New York. Instead, the masterpieces – encompassing art from Basquiat to Banksy – reside in quiet anonymity in crates in a massive warehouse in Delaware, out of sight.

The Delaware Freeport, a climate-controlled, high-security art storage facility, is a fiscal and physical black box, a low-key but bustling node in the increasingly intertwined global networks of art and capital.

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