It appears that Christie's no longer has fresh merch to push, and now has to recycle auction goods from 2011.

Is this some kind of compliance with commissar De Blasio’s green mandate to recycle?

Sold for $29m five plus years ago.

http://www.christies.com/lotfinder/Lot/pablo-picasso-1881-1973-femme-assise-robe-5459987-details.aspx