The highest price ever paid for a telegram is $68,500 (£45,850) at Sotheby’s, New York, USA, on 11 December 1993 by Alberto Bolaffi of Turin, Italy, for the congratulatory telegram sent by Soviet premier Nikita Khrushchev to Yuri Gagarin on 12 April 1961 after he became the first man in space.

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History of Auctioneering

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