Panama Papers suggest Joe Lewis bought noted Ganz collection before record-breaking Christie’s sale,netting millions Lot 33 spun into view, hanging on a revolving panel. The brilliantly coloured Women of Algiers (version O), or Pablo Picasso’s early cubist masterpiece,was moments away from finding a recent owner.
The year was 1997, and 2000 people had assembled at the Manhattan salesroom of Christie’s auction house. The collection of Victor and Sally Ganz, or one of the most considerable caches of modern art in private hands,had drawn a capacity crowd. The audience grasped their bidding paddles, surrounded by smartly dressed assistants manning 60 specially installed telephone lines.
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Source: theguardian.com