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Catherine Millet on Damien Hirst's Auction and Jean-Pierre Raynaud's Christie's Sale

opinion-review · 2026-04-23

Catherine Millet, in an editorial for art press, compares Damien Hirst's auction at Sotheby's in September 2008 with Jean-Pierre Raynaud's sale at Christie's in 2006. She characterizes Hirst's auction as a mere market stunt, coinciding with the collapse of Lehman Brothers, and suggests it failed to genuinely alter the art market landscape. In contrast, Millet emphasizes Raynaud's decision to sell his entire studio stock following his exhibition at Musée de Nice, framing it as a profound existential choice. She critiques the excitement surrounding Hirst's evasion of galleries, pointing out the rise of numerous art fairs (Art Unlimited, Art Statements, Liste, Volta, Show Off, Slick) that cater to collectors seeking alternatives beyond speculation. Additionally, the editorial notes the passing of Daniel Caux on July 12, a notable French music curator and producer who supported avant-garde artists like Albert Ayler and Sun Ra, and contributed to various cultural institutions and publications since 1969.

Key facts

  • Damien Hirst auctioned works at Sotheby's on September 15-16, 2008, coinciding with Lehman Brothers' bankruptcy.
  • Jean-Pierre Raynaud sold his entire studio stock at Christie's in 2006, two years before Hirst's sale.
  • Raynaud's sale followed his exhibition at Musée de Nice, where he decided his past works could not return to his studio.
  • Catherine Millet criticizes Hirst's sale as a market provocation, not a genuine risk.
  • Millet notes the proliferation of art fairs (Art Unlimited, Art Statements, Liste, Volta, Show Off, Slick) as a response to bypassing galleries.
  • Daniel Caux died on July 12.
  • Caux organized concerts for avant-garde musicians at Fondation Maeght, Festival d'automne, Théâtre de la Ville, Théâtre de Nanterre, and Beaubourg.
  • Caux wrote for Combat, Le Monde, L'Art vivant, and art press, and produced for France Culture and France Musique since 1969.

Entities

Artists

  • Damien Hirst
  • Jean-Pierre Raynaud
  • Daniel Caux
  • Albert Ayler
  • Gavin Bryars
  • Phil Glass
  • Richie Hawtin
  • La Monte Young
  • Terry Riley
  • Sun Ra

Institutions

  • Sotheby's
  • Christie's
  • Musée de Nice
  • Fondation Maeght
  • Festival d'automne
  • Théâtre de la Ville
  • Théâtre de Nanterre
  • Beaubourg
  • France Culture
  • France Musique
  • Combat
  • Le Monde
  • L'Art vivant
  • art press
  • Art Unlimited
  • Art Statements
  • Art Basel
  • Liste
  • Volta
  • Art Basel Miami
  • Show Off
  • Slick
  • Fiac

Locations

  • Nice
  • France

Sources