A postcard bearing a signed drawing by Picasso fetched a record $188,000 (166,000 euros) at auction on Saturday, the Gaertner auction house in southern Germany announced. The sales set a ‘world record for a postcard’, the auction house in Bietigheim-Bissingen said in a statement. The buyer, described as a ‘trans-Atlantic collector’, clinched the deal by telephone following frenzied bidding in German, English, French and Russian, the statement said. Bidding had begun at 100,000 euros. With commissions, the card will cost the buyer more than 200,000 euros, it said. The card from Pablo Picasso to his friend, French poet Guillaume Apollinaire, is dated September 5, 1918, and has an authenticated drawing that ‘can be considered part of the artist’s cubist still life series,’
Read More: Pablo Picasso postcard auctioned for record $188,000 at the Gaertner auction house