Julian Lennon, John Lennon’s eldest son, is auctioning off some of his private collection’s most valuable items.
In fact, some of the most sought-after artefacts from the music industry are up for auction, including John Lennon’s coat from the film “Magical Mystery Tour,” his cape from “Help!,” three guitars, and Paul McCartney’s handwritten arrangement notes for “Hey Jude.”
The “Lennon Connection: The NFT Collection” NFT series, which is a cooperation between NFT marketplace YellowHeart and Julien’s Auctions, began for bidding on Monday and will start on February 7. The White Feather Foundation will benefit from a percentage of the proceeds from the NFT auction.
Julian would keep the tangible objects, but the buyer would be the sole owner of the NFT. Julian Lennon would narrate each NFT in the collection as an audio-visual collectible.
Besides, the handwritten note by Paul McCartney for Hey Jude is expected to earn the highest bid. The item’s NFT begins at $30,000 and goes up from there.
Additionally, other Beatles memorabilia have sold for millions of dollars at Julien’s Auctions in the past. Furthermore, one of John Lennon’s acoustic guitars sold for $2.4 million. As well as Ringo Starr’s drum kit sold for $2.2 million. And the drum head Ringo used on the “Ed Sullivan Show” in 1964 went for $2.1 million. Among the most significant pieces.
NFTs have become the newest crypto fad, and many feel they will disrupt the art world. NFTs have become the latest trend in the art world, with mainstream artists and celebrities ditching traditional auctions in favour of them.