So what are collectors to do? Strictly speaking the more conscientious the collector, the ones waiting for the big steal, the more they lay in wait for things such as the very likeable Picasso's 'Nude, Green Leaves and Bust' to come up for air. This particular piece sold for $106.5 million at Christie's this month, setting a new world record for the highest price for a painting ever. These are today's elite collectors. They're educated and well aware of the market. Big name artists' works appear in auctions all the time these days, but the pieces that bring big price tags are the good ones. However, who's to say this Picasso hasn't also been 'bought high', at the peak of the market and will never be as valuable, monetarily, as it is today.