The famous Suite Vollard, one of the greatest achievements in Picasso's graphic career, takes its name from Ambroise Vollard (1866-1939), successful and celebrated dealer and publisher in the late nineteenth and early twentieth-century Paris.
The etchings of the series were made by Picasso from 1930 to 1937, yet La Suite Vollard was conceived as a suite only in 1934, when Picasso asked to buy a Renoir and a Cézanne from Vollard's private collection. Vollard offered instead to swap the paintings for a group of printing plates, with the rights to publish them.
In 1936, ninety-seven plates were ready; Picasso added 3 portraits of Vollard (including our example), all made on 4 March 1937. The present is a very rare impression on parchemin (vellum), one of only three, that Picasso signed and numbered in red ink, before the total edition of 310 on Montval paper.
The print was previously in the collection of Kurt Sponagel-Hirzel (1887-1961), Swiss enterpreneur and collector, whose graphic collection was partly gifted to the Eidgenössische Technische Hochschule in Zurich in 1959.