# EDGAR Filing Document

**Accession Number:** 0001956505
**File Stem:** 0001493152-23-003402
**Filing Date:** 2023-2
**Character Count:** 6185
**Document Hash:** a8a4b86220474bb7f683b83053e8d5f7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-23-003402.hdr.sgml**: 20230202

**ACCESSION NUMBER**: 0001493152-23-003402

**CONFORMED SUBMISSION TYPE**: 1-U

**PUBLIC DOCUMENT COUNT**: 10

**CONFORMED PERIOD OF REPORT**: 20230202

**ITEM INFORMATION**: Other Events

**FILED AS OF DATE**: 20230202

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Masterworks 210, LLC
- **CENTRAL INDEX KEY:** 0001956505
- **STANDARD INDUSTRIAL CLASSIFICATION:** RETAIL-RETAIL STORES, NEC [5990]
- **IRS NUMBER:** 921125724
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 1-U
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 24R-00765
- **FILM NUMBER:** 23580261

**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

**February 2, 2023**

Date of Report: (Date of earliest event reported)

**MASTERWORKS 210, LLC**

(Exact name of issuer as specified in its charter)

---

| | |
|:---|:---|
| **Delaware** | **92-1125724** |
| 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.](ex15-b.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 210, LLC | MASTERWORKS 210, LLC |
|  | By: | */s/ Joshua B. Goldstein* |
|  | Name: | Joshua B. Goldstein |
|  | Title: | General Counsel |
| Date: February 2, 2023 |  |  |

---

## Add

**Exhibit 15(b)**

![](ex15-b_001.jpg)

![](ex15-b_002.jpg)

![](ex15-b_003.jpg)

![](ex15-b_004.jpg)

![](ex15-b_005.jpg)

![](ex15-b_006.jpg)

![](ex15-b_007.jpg)

## Add

**Exhibit 99.1**

Hi everyone,

My Name is Nathan Krasnick and I work on the operations team here at Masterworks.

I am happy to share with you a new offering on the Masterworks platform, a painting by the late German artist, Gunther Förg.

In the wake of the painter's 2018 retrospective "Gunther Förg: A Fragile Beauty," prices for the artist's work have steadily increased and between December 2021 and January 2022, a solo exhibition of the artist's work was mounted by Hauser & Wirth in Gstaad and Los Angeles.

To provide investment quality offerings by the artist, our acquisitions team has reviewed over 175 examples of Förg's work from around the world, many of which are priced in excess of $1 million. Of these examples, this is the seventh we have selected to be offered on the Masterworks platform.

The untitled Offering was completed by Förg in 2008 and belongs to the artist's "Spot Paintings," his last major body of work. This large-scale example from this series features expressive, dynamic marks and swaths of color set against a neutral background.

The "Spot Paintings" are among Günther Förg's most celebrated and commercial works and as of January 2023, account for six of the artist's top ten auction records. Examples similar to the Painting in scale and composition have recently sold at auction in excess of $800,000 and include: "Untitled" (2009), which sold for just under $1 million at Sotheby's, New York in September 2022, and "Untitled" (2007), which sold for over $800,000 at Christie's, London in March 2022.

Between November 2010 to September 2022, auction sales of similar works to our offering have increased at an estimated annualized appreciation rate of 27.8%.