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Loïc Gouzer’s Auction Platform Fair Warning to Sell Major Banksy at Tiffany’s Flagship Store

Loïc Gouzer's auction platform Fair Warning will sell Banksy's *Girl and Balloon on Found Landscape* from the 'Crude Oils' series in an invitation-only live auction at Tiffany & Co.'s Fifth Avenue flagship store on May 20. The work, which carries a $13 to $18 million estimate, modifies a thrifted landscape painting with the artist's signature red heart-shaped balloon. It will be publicly viewable in the store before the sale.

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Artnet News' Wet Paint column reports on a special auction held at Clemente Bar in New York, where Fair Warning—an app founded by former Christie's executive Loic Gouzer—sold an Andy Warhol portrait of Brigitte Bardot for $14.5 million ($16.7 million with fees). The event, hosted by Gouzer and curator-advisor Lolita Cros, featured former Christie's auctioneer Jussi Pylkkänen and attracted a crowd of high-net-worth individuals, including Greek shipping magnate George Economou, dealer David Mugrabi, artist Tony Shafrazi, and other art-world figures. Bidding started at $7 million, and the winning bid came from an anonymous phone bidder.