Yayoi Kusama’s pumpkin at David Zwirner gallery’s booth, priced at $600,000, sold quickly at the private opening of Art Basel Miami Beach yesterday. The fair, open to the public today through Sunday, features 258 galleries from 31 countries. Photographer: Amanda Gordon/Bloomberg

Hollywood producer Brian Grazer, the Oscar winner who has collected art for more than a decade, made his first trip to the Art Basel Miami Beach fair yesterday.

He chatted with entertainer-entrepreneur Sean John Combs, music producer Jimmy Iovine and Google Chairman Eric Schmidt at the Gagosian gallery booth, where an $8.5 million sculpture by Henry Moore and a $9 million candy egg sculpture by Jeff Koons awaited buyers.. . . . READ MORE