• Keith Richards NFT Competes at Auction House Against Paul McCartney

  • The age-old rivalry between legendary British rock bands The Beatles and The Rolling Stones will be played out in an unusual and novel way at a Los Angeles auction next month. The auction will feature a Keith Richards guitar with an NFT as well as an autographed bass guitar from Paul McCartney, with observers predicting that the NFT-infused item will be more valuable.

    ‘Julien’s Auctions’ will hold the auction on January 30th, 2022, at a location in Beverley Hills as well as online. It is being held as a charity auction to benefit MusiCares, a non-profit organization that provides health and recovery programs for musicians.

    The auction will pit McCartney’s signature Hofner violin bass guitar, the same model he used during The Beatles’ farewell concert in 1969, against a Rolling Stones guitar accompanied by a four-second video of Keith Richards signing the Gibson ES-335 in the form of an NFT. Auction bidding has already begun, with observers expecting that bids for the NFT-infused Rolling Stones guitar will outnumber those for McCartney’s bass guitar.

    While acknowledging that both legendary bands can be enjoyed, ‘Julien’s Auctions’ executive director, Martin Nolan, stated, “I believe Keith Richards will win this one just because it is so entertaining and because of the NFT.”

    The auction item is said to be Richards’ first-ever NFT, and the final bid is expected to be in the $6,000-$8,000 range. In comparison, McCartney’s autographed bass guitar is expected to fetch between $4,000 and $6,000 at auction.

    Despite the buzz surrounding Keith Richards’ NFT-infused guitar, the outfits of South Korean K-Pop mega-group BTS are expected to dominate the auction’s bid chart. The set of seven custom-made outfits (which they wore during their 2021 Grammy performance) is expected to fetch $30,000-$50,000 at auction.

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