Get All Access for $5/mo

Paul McCartney's Handwritten 'Hey Jude' Notes to Be Auctioned as NFT John Lennon's son, Julian Lennon, will be auctioning off Beatles memorabilia as an NFT collection.

By Emily Rella Edited by Amanda Breen

Dimitrios Kambouris | Getty Images

NFTs have certainly made a splash as of recently, with everything from original artwork, to social media posts to event tickets being sold digitally to respective owners.

Regardless of their new and at times controversial presence in the metaverse, it's undeniable that NFTs offer a way for buyers and sellers to own pieces of history that might have otherwise been difficult to store, purchase or price.

Related: Walmart Might Soon Be Rolling Out Its Own Cryptocurrency

Next up on the NFT pipeline? Beatles history in a new collection to be auctioned off named Lennon Connection: The NFT Collection.

Julian Lennon, son of famed Beatle and musician John Lennon, announced that he would be auctioning off pieces of Beatles' history as NFTs, including three guitars, outfits of Lennon's and most interestingly (and perhaps expensively) Sir Paul McCartney's original handwritten notes for hit song Hey Jude.

The history and meaning of the song is near and dear to Julian, whose parents divorced when he was five and Lennon left his wife for Yoko Ono.

Originally dubbed Hey Jules, McCartney wrote the song to help comfort Julian through the tumultous time.

"I thought, as a friend of the family, I would motor out to Weybridge and tell them that everything was all right: to try and cheer them up, basically, and see how they were," McCartney said in a 1995 Anthology special. "I had about an hour's drive. I would always turn the radio off and try and make up songs, just in case… I started singing: "Hey Jules – don't make it bad, take a sad song, and make it better…' It was optimistic, a hopeful message for Julian: "Come on, man, your parents got divorced. I know you're not happy, but you'll be OK.'"

Related: McDonald's Is Making Its Famous McRib Sandwich Into an NFT

The starting NFT bid on the original notes was $30,000, with a portion of the proceeds from all of the items being donated to Lennon's White Feather Foundation.

"I've been collecting these personal items for about 30 years, and I was getting a bit fed up with them being locked away in a vault, where I've had to keep them because I didn't want them to get damaged," Julian Lennon told Variety. "I actually felt very bad about keeping all that stuff locked away, and I just felt that this was a unique way to continue dad's legacy and to show people the collections I have, and with the videos and narration, to give people a little more than they would normally get and hear some stories that they haven't heard before in a new art form and a different medium."

The NFTs are being auctioned in a 1 of 1 digital representation of the physical item that Lennon will continue to have possession over.

The final auction is set to take place on February 7.

Emily Rella

Entrepreneur Staff

Senior News Writer

Emily Rella is a Senior News Writer at Entrepreneur.com. Previously, she was an editor at Verizon Media. Her coverage spans features, business, lifestyle, tech, entertainment, and lifestyle. She is a 2015 graduate of Boston College and a Ridgefield, CT native. Find her on Twitter at @EmilyKRella.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Branding

ChatGPT is Becoming More Human-Like. Here's How The Tool is Getting Smarter at Replicating Your Voice, Brand and Personality.

AI can be instrumental in building your brand and boosting awareness, but the right approach is critical. A custom GPT delivers tailored collateral based on your ethos, personality and unique positioning factors.

Business News

Apple Reportedly Isn't Paying OpenAI to Use ChatGPT in iPhones

The next big iPhone update brings ChatGPT directly to Apple devices.

Business News

Is the AI Industry Consolidating? Hugging Face CEO Says More AI Entrepreneurs Are Looking to Be Acquired

Clément Delangue, the CEO of Hugging Face, a $4.5 billion startup, says he gets at least 10 acquisition requests a week and it's "increased quite a lot."

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Sony Pictures Entertainment Purchases Struggling, Cult-Favorite Movie Theater Chain

Alamo Drafthouse originally emerged from bankruptcy in June 2021.

Business News

You Can Now Apply to Renew Your U.S. Passport Online — But There's a Catch

The U.S. State Department officially launched the beta program this week.