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Meghna Das Chowdhury
Jan 25, 2022
by Meghna Das Chowdhury

The Beatles And John Lennon’s Music History Set For NFT Auction

Beatles and John Lennon up for NFT auction
Julian Lennon, John Lennon's eldest son, is selling some of the most valuable items of music history from his collection. Some of the most sought-after items from music history 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, 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 collectible, with Julian Lennon himself narrating. The handwritten note by Paul McCartney for Hey Jude is thought to be the most remarkable piece that is expected to draw the highest bid. The item's NFT starts at $30,000 and goes up from there.

Other Beatles Memorabilia Earlier Fetched Millions of Dollars

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 kit was sold for $2.2 million and the drum head Ringo used 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 latest trend in the art world, with mainstream artists and celebrities abandoning traditional auctions in favor of NFTs.

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The Beatles And John Lennon’s Music History Set For NFT Auction
Meghna Das Chowdhury
Meghna is a graduate of the Indian Institute of Journalism & New Media specializing in Print Journalism. She is currently working as a content writer for Agio Support Solutions Pvt. Ltd. She aims to provide quality content and strategy in the field of cryptocurrency and work with digital marketing platforms to deliver brand-specific strategies.

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