What Do Asian Buyers Want?: Colin Gleadell spoke to Patti Wong about the growing taste in Asia for Western art and how Sotheby’s is tracking that:

• “We have extensive data on client interest and auction participation globally,” she explains. “We know, for instance, that two of the top three de Koonings from 1977, of which we have an example here, were bought or underbid by Asian buyers; that an Asian bidder on the £50 million Picasso we had in London this month was very disappointed not to get it; and that, after Picasso, the most popular western artist amongst Asian buyers is Gerhard Richter, particularly his abstracts.” …

Kallir Family to Donate 10 Grandma Moses Paintings to Smithsonian American Art Museum: ARTnews reports that the family of Galerie St. Etienne founder Otto Kallir, who played an important role in her career, has announced it “will donate ten paintings by Anna Mary Robertson “Grandma” Moses to the Smithsonian American Art Museum in Washington, D.C., over the next seven years. The first three gifts are Out for Christmas Trees (1946), Grandma Moses Goes to the Big City (1946)—both of which are currently on view at the museum—and Turkeys (1958). All ten paintings will figure in a traveling Grandma Moses exhibition slated for fall 2023, of which Jane Kallir is a consultant.” …

WSJ Details Opening of Richmond, Virginia’s ICA: Kelly Crow explains how the debut of Richmond’s Institute for Contemporary Art has survived the election of Donald Trump, the controversy in nearby Charlottesville and the loss of its director only a few months before launch.

• “[A]rt lovers in Richmond have long flocked to the encyclopedic Virginia Museum of Fine Arts, but she thinks the city is ready to embrace a contemporary art space with extra edge. Alex Nyerges, the VMFA’s director and chief executive, agreed, calling the new institute a “perfect complement” to the city’s cultural offerings.” …

Getty Acquires 15th Century Bust: Desiderio de Settignano’s Bust of a Young Boy from around 1430–1464 was acquired by the Getty Museum according to their press release late Friday:

• “This is an extraordinarily fine work by one of the greatest sculptors of the early Renaissance,” said Timothy Potts, director of the Getty Museum. “In his short but spectacular career (he died at about age 34), Desiderio de Settignano became one of the most renowned and sought-after artists of his generation, and it is remarkable good fortune that we are able to add such a rare and iconic work of his to our collection. Although sculptures dating from Quattrocento Florence have for museums been among the most coveted trophies for over a century, there is nothing comparable to this bust in any West Coast museum.