The works will hit the block in November, as part of the fall's major auctions.
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11 works by Pablo Picasso will go up for auction at the Bellagio in Las Vegas.
Auction house executives point to buying from clients in Asia to explain last year's fall and this year's rise.
Auction house rebounds in 2021 with 25% rise in auction sales and more than double 2020's private sales.
The new digs in The Henderson is designed by Zaha Hadid Architects.
The U.S. market failed to bounce back in quite the same way.
With sales up 13% from the pre-pandemic year of 2019, the auction house is having its strongest start in six years.
Overall, bidding was tepid, with a below-average sell-through rate of 78 percent.
The auction coincides with the unveiling of the wrapping.