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John Lennon’s son, Julian, is turning items from his personal collection of Beatles memorabilia into NFTs, or non-fungible tokens, that are being sold at auction.

The items, which are each one of a kind, include the coat John Lennon wore in the “Magical Mystery Tour” film and three Gibson guitars the music legend gifted his son.

The centerpiece of the “Lennon Connection” auction are notes written by Paul McCartney for the song “Hey Jude,” which was originally titled “Hey Jules” as a letter to a 5-year-old Julian when John and his first wife, Cynthia, Julian’s mother, divorced. Experts predict the “Hey Jude” notes could fetch more than $60,000.

Julian told Yahoo Finance Live he has no intention of selling the physical items.

“I don't think I could part with any of them, because, you know, I was never really handed down much of [the Beatles memorabilia] at all. So I've been collecting this not only for myself, but you know, I do hope to have a family one day, and I would like to be able to pass these items on for generations to come.”

The NFTs are audio-visual collectibles, each narrated by the 58-year-old musician and philanthropist.​​

“Doing NFTs like this was one way of sharing those stories with fans and also giving them a little insight into each item, because I decided to write a little something about my connection with the items,” he added.

Julian said he’s always found NFTs “pretty intriguing.”

“I've been aware of it for some time and believe it or not, it was actually my brother Sean (John Lennon’s son with Yoko Ono) that really got me to understand a little more about this universe, and I’m grateful for that,” said Julian.

In fact, 46-year-old Sean has gone on the record as being an advocate of bitcoin, telling a podcast recently that the world’s first cryptocurrency "empowers people in a way they've never been empowered before."

"Yes, Sean gave me the thumbs up [for the auction], as did Uncle Paul — McCartney — that is," said Julian. "I wanted to make sure he was comfortable with what I was doing, especially seeing as one of the items is the notes on 'Hey Jude.' So that was key for me to know that he was good with that. In fact, it was the first time we talked in a long time, and it was such a pleasure, as it's been too long."

While he does not own any NFTs or cryptocurrency, Julian said he is “observing.”

“I mean, there's a few pieces of artwork out there that I think I could be interested in,” said Julian, but he felt now was the right time to offer the NFT collection, as the iconic British rock band is in the spotlight again with the release of the docuseries “The Beatles: Get Back,” which hit Disney+ in November.

The film is an inside look at the Fab Four’s creative process while making the album “Get Back” and a glimpse into the dynamic between the band members.

Julian said he watched the film for the first time with his brother Sean and Paul’s daughter, Stella McCartney, and was "quite blown away with it."

“We actually saw a very unique 100-minute edited version where [director] Peter Jackson actually threw in some commentary, in a comedic fashion, believe it or not, which enabled us to relax a bit more knowing that we were going to see something we'd never seen before about our family, you know, and about the boys,” said Julian.

Julian admits that both he and Sean were initially nervous to see the film, but in the end “it really, really made me love [John Lennon] again in a different way than before, because I was able to see him as I knew him as a child when we all used to live together. And to see him working and just creating with the boys again, with the Beatles again — and it was so— it just brought me back to you know happier times back in the day as a kid. It was good to see him being silly, and being cheeky, and all the things we know and love him for. So it was a very special moment."

The “Get Back Rooftop Concert,” will be screened in IMAX theaters beginning on Jan. 30 to mark the 53rd anniversary of the Beatles final live performance together. It will get a global theatrical release from Feb. 11-13.

Julian said the NFT Beatles auction will tie-in to a new album he is currently working on which he hopes to release later this year.

Money raised from the NFT auction will benefit Julian’s The White Feather Foundation, which supports a number of environmental and humanitarian causes. The auction is currently live on the NFT platform YellowHeart via Julien’s Auctions. Bidding will close at 1 p.m. EST on Feb. 7.

Alexis Christoforous is an anchor and reporter for Yahoo Finance. Follow her on Twitter @AlexisTVNews.

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