# EDGAR Filing Document

**Accession Number:** 0001956599
**File Stem:** 0001493152-23-002047
**Filing Date:** 2023-1
**Character Count:** 6381
**Document Hash:** 2362f1e6051309402ef0c8e1a2d8f214
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-23-002047.hdr.sgml**: 20230120

**ACCESSION NUMBER**: 0001493152-23-002047

**CONFORMED SUBMISSION TYPE**: 1-U

**PUBLIC DOCUMENT COUNT**: 10

**CONFORMED PERIOD OF REPORT**: 20230120

**ITEM INFORMATION**: Other Events

**FILED AS OF DATE**: 20230120

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Masterworks 211, LLC
- **CENTRAL INDEX KEY:** 0001956599
- **STANDARD INDUSTRIAL CLASSIFICATION:** RETAIL-RETAIL STORES, NEC [5990]
- **IRS NUMBER:** 921125816
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 1-U
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 24R-00756
- **FILM NUMBER:** 23541539

**BUSINESS ADDRESS:**
- **STREET 1:** 225 LIBERTY STREET
- **STREET 2:** 29TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10281
- **BUSINESS PHONE:** 2035185172

**MAIL ADDRESS:**
- **STREET 1:** 225 LIBERTY STREET
- **STREET 2:** 29TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10281

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**FORM 1-U**

**CURRENT REPORT**

Pursuant to Regulation A of the Securities Act of 1933

**January 20, 2023**

Date of Report: (Date of earliest event reported)

**MASTERWORKS 211, LLC**

(Exact name of issuer as specified in its charter)

---

| | |
|:---|:---|
| **Delaware** | **92-1125816** |
| State of other jurisdiction of | (I.R.S. Employer |
| incorporation or organization | Identification No.) |

---

**225 Liberty Street, 29th Floor, New York, NY 10281**

(Full mailing address of principal executive offices)

**(203) 518-5172**

(Issuer's telephone number, including area code)

**www.masterworks.com**

(Issuer's website)

**Class A Ordinary Shares**

(Securities issued pursuant to Regulation A)

**Item 9. Other Events**

A copy of materials used on www.masterworks.com relating to the Issuer's ongoing offering of Class A Ordinary Shares pursuant to Regulation A of the Securities Act of 1933, as amended, is attached to the Form 1-U as Exhibit 15(b) and a copy of the transcript of the promotional video embedded in such materials is attached to the Form 1-U as Exhibit 99.1.

**Safe Harbor Statement**

This Current Report on Form 1-U contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934. You can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "could," "seeks," "projects," "predicts," "intends," "plans," "estimates," "anticipates" or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties, including those described under the section entitled "Risk Factors" in our most recent Offering Circular filed with the Securities and Exchange Commission ("SEC"), as such factors may be updated from time to time in our periodic filings and offering circular supplements filed with the SEC, which are accessible on the SEC's EDGAR website. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in our filings with the SEC. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.

**Exhibit Index**

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| | |
|:---|:---|
| Exhibit No. | Description of Exhibit |
| 15(b) | [Website materials.](ex15b.htm) |
| 99.1 | [Promotional video transcript.](ex99-1.htm) |

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**SIGNATURES**

Pursuant to the requirements of Regulation A, the issuer has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | MASTERWORKS 211, LLC | MASTERWORKS 211, LLC |
|  | By: | */s/ Joshua B. Goldstein* |
|  | Name: | Joshua B. Goldstein |
|  | Title: | General Counsel |
| Date: January 20, 2023 |  |  |

---

## Add

**Exhibit 15(b)**

![](ex15b_001.jpg)

![](ex15b_002.jpg)

![](ex15b_003.jpg)

![](ex15b_004.jpg)

![](ex15b_005.jpg)

![](ex15b_006.jpg)

![](ex15b_007.jpg)

## Add

**Exhibit 99.1**

Hi everyone,

My name is Lauren Zakarian-Cogswell and I am a Director here on the Masterworks acquisitions team.

We are happy to bring you a new offering on the Masterworks platform, a painting by the late artist, Matthew Wong. The Canadian painter was known for his energetic landscapes and interior scenes reminiscent of Post-impressionist artists such as Vincent van Gogh and Edouard Vuillard.

In the wake of the artist's passing in 2019 at the young age of 35, Wong's market has seen significant price growth and the artist has been the subject of several notable institutional shows. In October 2022, the Dallas Museum of Art opened, "The Realm of Appearances," the first retrospective and U.S. museum exhibition devoted to Wong's work.

To provide investment quality offerings by the artist, our acquisitions team has reviewed nearly 25 examples of Wong's works from around the world, many of which are priced in the excess of $1 million. Of these examples, this is the second that we have selected to be offered on the Masterworks platform.

Executed in 2019, the year of the artist's death, the offering is entitled "xMxixlxix'xsx xCxoxrxnxexrx." The Painting depicts a lush, abstracted landscape painted with thick impasto brushstrokes that create a sense of movement and fill the compositional space.

As of January 2023, examples similar in scale and execution to the Painting have sold in excess of $700,000 at auction. Recent examples include: "Arcadia" (2017), which sold for $805,000 at Christie's, London in March of 2022, "Nature's Church" (2017), which sold for just under $1.2 million at Phillips, Hong Kong in November of 2021, and "The Recluse" (2017), which sold for $700,000 at Sotheby's, Hong Kong in April of 2021.

Between July 2020 to May 2022, auction sales of similar works to our offering have increased at an estimated annualized appreciation rate of 55.3%.