Picture yourself on a train in a station
With plasticine porters with looking glass ties
Suddenly someone is there at the turnstile
The girl with kaleidoscope eyes
John Lennon's famous lyrics are expected to achieve $200,000 when they come to auction in May.
The sheet contains the song's third verse as well as the opening words to She's Leaving Home: "Wednesday morning at…"
There is also a small Lennon sketch of four people, possibly the Beatles.
Lucy in the Sky with Diamonds is one the more controversial songs in the Beatles' catalogue. Argued by many to contain a reference to the drug LSD in its title, Lennon always maintained it had been inspired by his son Julian's painting of classmate Lucy Vodden.
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The song's dream like lyrics and nonsensical wordplay are a standout feature on the 1967 Sgt. Pepper's Lonely Hearts Club Band album, which marked the Beatles' move into new territory.
The lyrics will be sold by Profiles in History in Los Angeles on May 14 and 15 and are expected to be keenly fought over by collectors and investors.
In June, Lennon's handwritten lyrics to the last song on the album, A Day in the Life, achieved $1.2m at Sotheby's.
Rolling Stone ranked Sgt. Pepper as the top album of all time in 1997.
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