The Beatles and John Lennon Music History Collection to Be Sold as NFTs

    Each NFT in the "Lennon Connection: The NFT Collection" would be available as an audio-visual collection, with Julian Lennon himself narrating.

    Julian Lennon, John Lennon’s eldest son, is selling some of the most valuable items of music history from his personal collection.

    Some of the most sought after items from music history is up for sale, 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, in conjunction with NFT marketplace YellowHeart and Julien’s Auctions, began for bidding on Monday and will begin on February 7. The White Feather Foundation will get a percentage of the proceeds from the NFT auction.

    Julian would keep the tangible things, but the buyer would be the owner of the rights to the one-of-a-kind NFT. Each NFT in the collection would be available as an audio-visual collectable, with Julian Lennon himself narrating.

    The handwritten letter by Paul McCartney for Hey Jude is thought to be the most remarkable piece that is anticipated to draw the highest offer. The item’s NFT starts at $30,000 and goes up from there.

    Julien’s Auctions has sold other Beatles items in the past, bringing in millions of dollars. One of John Lennon’s acoustic guitars was sold for $2.4 million, while Ringo Starr’s drum set was sold for $2.2 million and the drum head Ringo played on the “Ed Sullivan Show” in 1964 was sold for $2.1 million.

    NFTs are the newest crypto fad, and many believe they will disrupt the art business. NFTs have become the current trend in the art world, with mainstream artists and celebrities abandoning traditional auctions in favor of NFTs.

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