Beatles' lyrics fetch $ 1.2 million at an auction in New York

The lyrics to the final song on the classic Beatles album Sgt. Pepper's Lonely Hearts Club Band have sold for $ 1.2 million at a New York City auction.

The lyrics to the final song on the classic Beatles album Sgt. Pepper's Lonely Hearts Club Band have sold for $ 1.2 million at a New York City auction.

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John Lennon's handwritten lyrics to A Day in the Life were purchased on Friday by a private American collector, bidding by phone at the Sotheby's sale.

The pre-sale estimate was $ 500,000 to $ 800,000.

The double-sided sheet of paper features Lennon's edits and corrections. It's written in black felt marker and blue ball point pen, with a few annotations in red ink.

Rolling Stone magazine listed A Day in the Life at No. 26 in its compilation of the 500 Greatest Songs of All Time. Sgt. Pepper won four Grammy awards in 1968.