Getting the basement smell out of a coat

[Berticus]

I recently purchased a vintage WWII Hungarian Greatcoat from a military surplus store.





Problem is it's got that smell like it's been sitting in a basement for a while. It's made with 100% pure wool (still has that new wool item itch to it somehow). I would like to know if there's an easy or fast way to get rid of that smell. At least neutralize it or something.

 

[Dewey]

First thing to try is steaming and airing.