John Lennon’s eldest son Julian Lennon has partnered with the YellowHeart NFT marketplace to launch a range of NFTs created from his personal collection of John’s and The Beatles’ memorabilia.
Non-fungible tokens are being increasingly positioned as the digital answer to collectable items these days. Julian Lennon, the son of the legendary rock musician John Lennon, is eager to see just how good the NFT market for rock memorabilia is nowadays. Towards this end, he has minted and launched an array of NFTs created from his personal collection of John Lennon and The Beatles items. (Want to learn all about NFTs? Visit this page to find out more.)
Dubbed as the ‘Lennon Connection: The NFT Collection,’ the auction is currently live on both the YellowHeart and the Julien’s Auctions website. It will end on Feb 7, 2022. Julian recently tweeted about it as well.
What’s on offer?
Let’s clarify at the outset that only the digital versions of the items will go on sale as NFTs. The tokens will not be tied to the corresponding physical items in any way except from being their digital representations (as images). The NFT owners will also receive an accompanying audio clip wherein Julian will share some personal memory tied to the item. He will retain all the actual originals with himself.
The items to be digitised include:
- Paul McCartney’s handwritten notes for the song ‘Hey Jude,’ which he wrote for Julian after his parents John and Cynthia separated.
- The black cape that John wore in ‘Help.’
- Three Gibson guitars gifted by John to his son, and
- John’s Afghan coat from the ‘Magical Mystery Tour.’
Talking about the commercials, the highest base price has been set for the ‘Hey Jude’ NFT, at $30,000. As per Julien’s Auctions, these notes may fetch anything between $50,000 to $70,000. The clothing items on the other hand are estimated to sell for $8,000 to $20,000. Lastly, the three Gibson guitar NFTs may go for $6,000 to $8,000. A portion from the sale proceeds will be donated to Julian Lennon’s White Feather Foundation, focused on environmental and humanitarian issues at the global level.
In a statement regarding the NFT sale, Julian said, “As an artist, I have great respect for all that my father accomplished in his career. As a son, I hold dear the good memories I have of my time with him. I feel incredibly lucky to live in a day and age where innovation allows me to share such personal pieces of my Lennon family history. Through this NFT collection, I’m able to grant exclusive access to special items that I cherish and carry on the legacy of my father in a new way.”