Fair Warning, the members-only online sales platform founded by former Christie's rainmaker Loïc Gouzer, is staging a rare live auction on May 20 at Tiffany & Co.'s flagship store in New York. The centerpiece is Banksy's *Girl and Balloon on Found Landscape* (2012), a work from the artist's 'Crude Oils' series that has never been publicly exhibited. Consigned by a private collector, the painting carries an ambitious estimate of $13 million–$18 million, one of the highest ever for a Banksy. Gouzer argues that Banksy is among the most consequential artists of our time, comparing his trajectory to Jean-Michel Basquiat, and sees this sale as a landmark moment for the artist's market.
This auction matters because it tests the upper limits of Banksy's market value, which has already seen record-breaking results—most notably the self-destructed *Love Is in the Bin* selling for $25.4 million in 2021. The sale also highlights Fair Warning's growing ambition as a disruptive force in the auction world, moving beyond its online-only model for high-stakes live events. If the work meets its estimate, it would rank among the top Banksy sales ever, reinforcing the artist's transition from street art icon to blue-chip market heavyweight, while also signaling continued collector appetite for trophy works by living artists.