Masterworks Vault 2 LLC

08/20/2024 | Press release | Distributed by Public on 08/20/2024 15:24

Securities Offering by Private Issuer - Form 253G2

Filed Pursuant to Rule 253(g)(2)

File No. 024-12271

SUPPLEMENT NO. 6 DATED AUGUST 20, 2024

MASTERWORKS VAULT 2, LLC

This Supplement No. 6 dated August 20, 2024 (this "Supplement"), supplements, and should be read in conjunction with, the offering circulars of Masterworks Vault 2, LLC (as amended and supplemented, each, an "Offering Circular" and, together, the "Offering Circulars"), originally filed on June 2, 2023, as amended by Post-Qualification Amendment No. 1 filed on June 21, 2023, Post-Qualification Amendment No. 2 filed on July 18, 2023, Post-Qualification Amendment No. 3 filed on August 2, 2023, Post-Qualification Amendment No. 4 filed on August 15, 2023, Post-Qualification Amendment No. 5 filed on August 22, 2023 and Post-Qualification Amendment No. 6 filed on September 5, 2023, Post-Qualification Amendment No. 7 filed on September 15, 2023, Post-Qualification Amendment No. 8 filed on September 27, 2023, Post-Qualification Amendment No. 9 filed on October 16, 2023, Post-Qualification Amendment No. 10 filed on May 23, 2024 and Post-Qualification Amendment No. 11 filed on July 19, 2024. 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, 2024. 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
Hernan Bas N/A
Bridget Riley 0.95
Robert Ryman N/A
Pierre Soulages 0.56
Christopher Wool 0.68
Liu Ye 0.74
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
Hernan Bas 20.3 % $ 75,000 May 11, 2006 $ 2,151,003 June 30, 2024
Bridget Riley 21.6 % $ 2,462 June 25, 1985 $ 5,103,400 June 30, 2024
Robert Ryman 16.9 % $ 35,000 May 9, 1984 $ 18,250,000 June 30, 2024
Pierre Soulages 19.6 % $ 12,271 December 4, 1983 $ 17,300,000 June 30, 2024
Christopher Wool 22.8 % $ 24,000 May 8, 1990 $ 26,500,000 June 30, 2024
Liu Ye 27.4 % $ 9,314 May 3, 1995 $ 10,945,690 June 30, 2024
Lynette Yiadom-Boakye 42.5 % $ 67,124 October 17, 2013 $ 2,979,020 June 30, 2024

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
Hernan Bas N/A N/A N/A N/A
Bridget Riley 15.0 % 24 December 12, 1997 May 28, 2024
Robert Ryman N/A N/A N/A N/A
Pierre Soulages 13.1 % 31 May 9, 1996 December 13, 2023
Christopher Wool 12.0 % 29 November 20, 1996 May 13, 2024
Liu Ye 13.4 % 36 May 1, 2005 May 28, 2024
Lynette Yiadom-Boakye N/A N/A N/A N/A

Artist Market Profiles

Artist Artist Market Profiles
Hernan Bas Emerging
Bridget Riley Established
Robert Ryman Mature
Pierre Soulages Mature
Christopher Wool Established
Liu Ye Established
Lynette Yiadom-Boakye Emerging