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It's an easy but boring exercise (Hartshorne Ex. III.4.5 or Liu 5.2.7) that the group $Pic(X)$ of isomorphism classes of invertible sheaves on a ringed topological space (well, maybe we can restrict to schemes) is isomorphic to $H^{1}(X, \mathcal{O}_X^{*})$, where $\mathcal{O}_X^{*}$ denotes the sheaf whose sections over an open set $U$ are the units in the ring $\mathcal{O}_X(U)$.

The proof that I know (that uses the hint given by Hartshorne) uses heavily Cech cohomology: basically the idea is that given an invertible sheaf $\mathcal{L}$ and an affine open covering $\mathcal{U}=(U_i)$ on which $\mathcal{L}$ is free, we can construct an element in $\check{C}^1(\mathcal{U},\mathcal{O}_X^{*})$ using the restriction of the local isomorphism to the intersections $U_i\cap U_j$. The cocycle condition on triple intersection implies that we have a well defined element in $\check{H}^{1}(X, \mathcal{O}_X^{*})$. Then one proves that the map is an isomorphism of groups.

My question is the following: this approach is not very enlightening. Is there a more intrinsic proof of the isomorphism between $Pic(X)$ and $H^{1}(X, \mathcal{O}_X^{*})$, without Cech cohomology?

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    Of co$u$rse the "Čech way" is pretty valuable. I was just asking $f$or a different approach.2012-03-18

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Suppose for simplicity that $X$ is integral. Consider the exact sequence of groups $ 1\to O_X^* \to K_X^* \to K_X^*/O_X^* \to 1$ where $K_X$ is the constant sheaf of rational functions on $X$. Taking the cohomology will give $ K(X)^* \to H^0(X, K_X^*/O_X^*) \to H^1(X, O_X^*) \to H^1(X, K_X^*).$ Now the last term vanishes because $K_X^*$ is a flasque sheaf, and the cokernel of the left arrow is by definition the group of Cartier divisors on $X$ up to linear equivalence. As $X$ is integral, this cokernel is known to be isomorphic to $\mathrm{Pic}(X)$.

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    @FedeB, the above proof works for Noetherian schemes without embedded points. Unfortunately, in general I don't have an alternative proof to the usual one.2012-03-18