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                              April 20, 2021

       Joshua Goldstein
       General Counsel and Secretary
       Masterworks 043, LLC
       497 Broome Street
       New York, New York 10013

                                                        Re: Masterworks 043,
LLC
                                                            Amended Offering
Statement on Form 1-A
                                                            Filed March 22,
2021
                                                            File No. 024-11457

       Dear Mr. Goldstein:

              We have reviewed your offering statement and have the following
comments. In some of
       our comments, we may ask you to provide us with information so we may
better understand your
       disclosure.

              Please respond to this letter by amending your offering statement
and providing the
       requested information. If you do not believe our comments apply to your
facts and
       circumstances or do not believe an amendment is appropriate, please tell
us why in your
       response. After reviewing any amendment to your offering statement and
the information you
       provide in response to these comments, we may have additional comments.

       Amended Offering Statement

       General

   1.                                                   With respect to the
accrual of management fees once 95% of the shares offered have been
                                                        issued, please revise
to clarify, if true, that management fees on the remaining 5% of the
                                                        offering will not
accrue until such funds have been fully paid.
   2.                                                   We note your response
to prior comment 2. Please revise the offering statement to ensure
                                                        that your disclosure
regarding qualification rights is consistent with the language included
                                                        in other recent filings
by Masterworks entities.
   3.                                                   Please tell us what
consideration you have given to including a risk factor relating to your
                                                        ability to waive, in
your sole discretion, the 19.99% ownership cap.
   4.                                                   We note Section 2.4 of
the LLC agreement, which permits members to irrevocably limit
                                                        or eliminate their
voting rights in certain circumstances. Please revise your disclosure to
 Joshua Goldstein
Masterworks 043, LLC
April 20, 2021
Page 2
       enhance the description of the provision, including the minimum holdings
a member must
       have in order to take advantage of the provision and the public filing
disclosure
       consequences for a member that takes advantage of the provision. In
addition, tell us what
       consideration you have given to including risk factor disclosure
discussing the risks
       associated with this provision. Finally, give us your legal analysis as
to whether you are
       required to disclose the number of shares that are outstanding but that
are ineligible to
       vote due to such provision. In this regard, we note Item 12(b)(2) of
Form 1-A, that a
       decrease in the proportion of a member's shares that have voting rights
may result in an
       increase in the proportion of other members' shares that do/do not have
voting rights, and
       that such disclosure may be generally beneficial for investors to have.
        We will consider qualifying your offering statement at your request. If
a participant in
your offering is required to clear its compensation arrangements with FINRA,
please have
FINRA advise us that it has no objections to the compensation arrangements
prior to
qualification.

        We remind you that the company and its management are responsible for
the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action
or absence of
action by the staff. We also remind you that, following qualification of your
Form 1-A, Rule 257
of Regulation A requires you to file periodic and current reports, including a
Form 1-K which
will be due within 120 calendar days after the end of the fiscal year covered
by the report.

       You may contact Patrick Kuhn at (202) 551-3308 or Theresa Brillant at
(202) 551-3307 if
you have questions regarding comments on the financial statements and related
matters. Please
contact Daniel Morris at (202) 551-3314 or Lilyanna Peyser at (202) 551-3222
with any other
questions.



                                                             Sincerely,
FirstName LastNameJoshua Goldstein
                                                             Division of
Corporation Finance
Comapany NameMasterworks 043, LLC
                                                             Office of Trade &
Services
April 20, 2021 Page 2
cc:       Laura Anthony, Esq.
FirstName LastName