Loïc Gouzer, founder of the auction app Fair Warning, partnered with Christie's to sell Pablo Picasso's drawing *Tête d'homme à la pipe* (1971) in a hybrid in-person and digital auction on May 15. The work, estimated at $6–8 million, hammered for $6.6 million ($7.79 million with fees) to a phone bidder at Coco's at Colette in New York's GM Building, with Jussi Pylkkänen officiating. Notable attendees included collectors Alberto Mugrabi and David Mugrabi, and dealer Joseph Nahmad. The drawing, executed two years before Picasso's death, depicts a musketeer inspired by *The Three Musketeers* and had never been auctioned before.
The sale tests whether a multi-million-dollar artwork can be sold via an app, blending digital bidding with a traditional live auction setting. While the result fell within estimate, it demonstrates Fair Warning's ambition to move beyond purely online sales into physical spaces, as seen with a concurrent display of works by John Kacere at New York's Independent art fair. The collaboration, rooted in Gouzer's history as a Christie's alum who orchestrated the record $450 million sale of *Salvator Mundi*, signals ongoing experimentation in auction formats, though Christie's has no immediate plans for further partnerships.