A bronze John Lennon statue on Penny Lane is expected to fetch about £100,000 at auction, according to reports. The sculpture is nearly 6 feet tall and is cast in bronze with a green patina.
The BBC also reports that the sculpture is due to be replaced by a replica on Penny Lane after the auction, indicating the original will be removed from its public location. Other outlets focus primarily on the auction estimate and the artwork’s material and appearance, rather than the replacement plan.
Taken together, the coverage describes both the expected sale value of the Lennon statue and the intention to keep a Lennon sculpture on Penny Lane afterward via a replica, though the replacement details are emphasized most clearly in the BBC report.