Recently, in Los Angeles, Jean Brunel spoke about the use of money in wealth to invest in this type of asset, as some investors can bear the risk, and find enjoyment and fulfillment in this type of investment. A collection can then be enjoyed, named, [ The John Smith Art Collection, for example ] and eventually have the estate donate the collection to a favorite Institution or passed on in the family, which I believe he characterized as "DYNASTIC INVESTMENT"
I hope I got this correctly. His podcast of a CFAI presentation is available on the CFAI website