Auction house Profiles in History said on Wednesday that it expects the draft lyric sheet to sell for more than $200,000 at a sale next month in Beverly Hills.
It has the opening lyrics for the song, and a rough sketch by of four people in a room with windows draped in curtains.
But Lennon always disputed that notion, even though he was known to experiment with drugs. Lennon said he did not realize until later the title contained those letters in sequence.
As Lennon and others have explained it, the inspiration came from his son, Julian, who was then a child and drew a picture of his classmate Lucy. Julian Lennon is said to have showed the painting to his father and told him, "That's Lucy in the sky with diamonds."
Despite the explanation of the song's origins, the debate about its ties to LSD has persisted, in part due to the song's swooning melody and strange lyrics.
It was one of the most popular songs on an album Rolling Stone magazine ranks as No. 1 on its list of the 500 greatest albums of all time.
The draft "Lucy in the Sky with Diamonds" lyrics will be sold at an auction scheduled for May 14 and 15 at the Saban Theater in Beverly Hills.
Source; http://www.wgnt.com/entertainment/sns-rt-entertainment-us-jotre73c8ib-20110413,0,359850.story