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art basel digital art 2724446

Art Basel Miami Beach 2025 launched a new digital art section called Zero 10, featuring works like Beeple's robotic dogs with billionaire heads and Tyler Hobbs' generative art. The fair aimed to attract tech-sector buyers, with sales including IX Shells' interactive video installation for $140,000 and Jack Butcher's pay-what-you-wish installation drawing hundreds of new collectors. The section had surprisingly few screens, emphasizing conceptual engagement over spectacle.

picasso panama papers ganz collection 469646

The Panama Papers leak has revealed that the 1997 sale of the Victor and Sally Ganz collection at Christie's New York was secretly orchestrated by billionaire currency trader Joseph Lewis. Lewis had already purchased the top works from the collection through a Christie's subsidiary, Spink & Son, months before the auction, and structured a guarantee that shared profits above $168 million. The sale, which set a private collection auction record at $206 million, included Pablo Picasso's "Women of Algiers (version O)" fetching $31.9 million. The documents also confirm that a Modigliani painting involved in a Nazi restitution case belongs to the Nahmad family.

Rare Zaha Hadid Pavilion Comes to Auction

A rare, clamshell-shaped VOLU Dining Pavilion designed by architect Zaha Hadid and Patrick Schumacher is heading to auction at Hermitage Fine Art in Monaco. The prefabricated outdoor structure, originally created for the 2015 Design Miami fair, is expected to fetch between €900,000 and €1.1 million. This marks only the second time a completed edition of this pavilion has been offered at auction.