Masterworks Vault 1 LLC
08/05/2025 | Press release | Distributed by Public on 08/05/2025 09:18
Securities Offering by Private Issuer (Form 253G2)
Filed Pursuant to Rule 253(g)(2)
File No. 024-12098
SUPPLEMENT NO. 10 DATED AUGUST 5, 2025
MASTERWORKS VAULT 1, LLC
This Supplement No. 10 dated August 5, 2025 (this "Supplement"), supplements, and should be read in conjunction with, the offering circulars of Masterworks Vault 1, LLC (as amended and supplemented, each, an "Offering Circular" and, together, the "Offering Circulars"), originally filed on December 13, 2022, as amended by Amendment No. 1 filed on January 23, 2023, Amendment No. 2 filed on February 10, 2023, Amendment No. 3 filed on March 1, 2023, Amendment No. 4 filed on March 17, 2023, Amendment No. 5 filed on May 18, 2023, Post-Qualification Amendment No. 1 filed on May 25, 2023, Post-Qualification Amendment No. 2 filed on June 8, 2023, Post-Qualification Amendment No. 3 filed on June 15, 2023, Post-Qualification Amendment No. 4 filed on June 30, 2023, Post-Qualification Amendment No. 5 filed on August 1, 2023 and Post-Qualification Amendment No. 6 filed on August 15, 2023, Post-Qualification Amendment No. 7 filed on October 30, 2023, Post-Qualification Amendment No. 8 filed on November 7, 2023, Post-Qualification Amendment No. 9 filed on November 20, 2023, Post-Qualification Amendment No. 10 filed on January 23, 2024, Post-Qualification Amendment No. 11 filed on March 21, 2024, Post-Qualification Amendment No. 12 filed on May 1, 2024, Post-Qualification Amendment No. 13 filed on May 30, 2024, Post-Qualification Amendment No. 14 filed on July 31, 2024, Post-Qualification Amendment No. 15 filed on August 7, 2024, Post-Qualification Amendment No. 16 filed on September 18, 2024, Post-Qualification Amendment No. 17 filed on December 17, 2024, Post-Qualification Amendment No. 18 filed on January 24, 2025, Post-Qualification Amendment No. 19 filed on February 11, 2025, Post-Qualification Amendment No. 20 filed on February 26, 2025, Post-Qualification Amendment No. 21 filed on April 11, 2025, Post-Qualification Amendment No. 22 filed on June 23, 2025 and Post-Qualification Amendment No. 23 filed on July 10, 2025. This Supplement should be read in conjunction with the Offering Circulars (including the disclosures incorporated by reference therein). Unless otherwise defined in this Supplement, capitalized terms used in this Supplement shall have the same meaning as set forth in the Offering Circulars. Except as set forth in this Supplement, the Offering Circulars remain unchanged.
The purpose of this Supplement is to disclose certain changes to the Offering Circulars relating to the Artwork and Artist Metrics. Particularly, the Masterworks public sale database has been updated as of June 30, 2025. Accordingly, the Sharpe Ratio, Record Price Appreciation, Median Repeat Sale Pair Appreciation and Artist Market Profile for each relevant artist listed in the "Description of Business - Artist Metrics" section of the Offering Circulars has been updated, as applicable, as shown below.
"Sharpe Ratio"
| Artist | Sharpe Ratio | |
| Banksy | 1.23 | |
| Ernie Barnes | N/A | |
| Jean-Michel Basquiat | 0.96 | |
| Alighiero Boetti | 1.49 | |
| Cecily Brown | 1.19 | |
| Alex Katz | 0.45 | |
| Henry Taylor | N/A | |
| Andy Warhol | 0.43 | |
| Lynette Yiadom-Boakye | N/A |
Record Price Appreciation
| Artist |
Compound Annual Growth Rate ("CAGR") |
First Record Price |
First Record Price Date |
Last Record Price |
Last Record Price Date |
|||||||||||
| Banksy | 56.5 | % | $ | 1,591 | November 18, 2003 | $ | 25,475,922 | June 30, 2025 | ||||||||
| Ernie Barnes | 32.2 | % | $ | 1,656 | October 25, 1992 | $ | 15,275,000 | June 30, 2025 | ||||||||
| Jean-Michel Basquiat | 28.2 | % | $ | 4,560 | November 2, 1984 | $ | 110,487,500 | June 30, 2025 | ||||||||
| Alighiero Boetti | 24.5 | % | $ | 2,520 | April 29, 1988 | $ | 8,827,100 | June 30, 2025 | ||||||||
| Cecily Brown | 19.2 | % | $ | 90,000 | November 13, 2000 | $ | 6,776,200 | June 30, 2025 | ||||||||
| Alex Katz | 12.4 | % | $ | 33,600 | May 9, 1984 | $ | 4,152,918 | June 30, 2025 | ||||||||
| Henry Taylor | 37.9 | % | $ | 8,125 | September 12, 2007 | $ | 2,480,000 | June 30, 2025 | ||||||||
| Andy Warhol | 26.9 | % | $ | 10,800 | May 10, 1984 | $ | 195,040,000 | June 30, 2025 | ||||||||
| Lynette Yiadom-Boakye | 38.0 | % | $ | 83,905 | October 17, 2013 | $ | 3,633,912 | June 30, 2025 | ||||||||
Median Repeat Sale Pair Appreciation
| Artist |
Median Repeat Sale Pair Appreciation Rate |
Number of Repeat Sales |
First Repeat Sale Pair Date |
Last Repeat Sale Pair Date |
||||||||
| Banksy | 14.2 | % | 32 | February 7, 2007 | March 6, 2025 | |||||||
| Ernie Barnes | N/A | N/A | N/A | N/A | ||||||||
| Jean-Michel Basquiat | 16.7 | % | 103 | May 8, 1996 | May 14, 2025 | |||||||
| Alighiero Boetti | 14.4 | % | 35 | December 8, 1999 | October 19, 2024 | |||||||
| Cecily Brown | 17.1 | % | 38 | November 14, 2000 | March 5, 2025 | |||||||
| Alex Katz | 7.4 | % | 43 | October 10, 1996 | May 15, 2025 | |||||||
| Henry Taylor | N/A | N/A | N/A | N/A | ||||||||
| Andy Warhol | 7.3 | % | 388 | February 22, 1996 | May 16, 2025 | |||||||
| Lynette Yiadom-Boakye | N/A | N/A | N/A | N/A | ||||||||
Artist Market Profiles
| Artist | Artist Market Profiles | |
| Banksy | Established | |
| Ernie Barnes | Mature | |
| Jean-Michel Basquiat | Mature | |
| Alighiero Boetti | Mature | |
| Cecily Brown | Established | |
| Alex Katz | Established | |
| Henry Taylor | Emerging | |
| Andy Warhol | Mature | |
| Lynette Yiadom-Boakye | Emerging |
Masterworks Vault 1 LLC published this content on August 05, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on August 05, 2025 at 15:18 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]