New York City, where John Lennon's handwritten lyrics to the final song on the classic Beatles album "Sgt. Pepper's Lonely Hearts Club Band" have been sold at auction at Sotheby's for 1.2 million US dollars.

The winning bid for "A Day in the Life" was placed by phone, by an anonymous American collector. The price exceeds the pre-sale estimate of between 500-and-800-thousand dollars.

The double-sided sheet of paper features Lennon's edits and corrections, 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.