| GEO Entertainment|
| Beatles' lyrics auctioned in $1.2 million|
| Updated at: 1429 PST, Saturday, June 19, 2010|
NEW YORK: John Lennon's handwritten lyrics to the final song on the classic Beatles album "Sgt. Pepper's Lonely Hearts Club Band" were purchased by an American collector on Friday for $1.2 million.
The winning bid for "A Day in the Life" was placed by phone at a auction house, which declined to identify the collector further.
The price exceeded the pre-sale estimate of between $500,000 and $800,000.
The double-sided sheet of paper features Lennon's edits and corrections in his own handwriting - in black felt marker and blue ballpoint 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 and "Sgt. Pepper" won four Grammy awards in 1968.
The lyrics, which begin with "I read the news today, oh boy," stirred controversy when the Beatles released the album in 1967.