Original Bob Dylan lyrics have sold for $422,500.

New York auction house Sotheby’s had predicted the handwritten document – featuring the words but no musical notation for the legendary singer’s 1964 classic ‘The Times They Are A-Changin” – would sell for around $128,000 and $193,000 before they went under the hammer at the weekend.

Hedge fund manager Adam Sender – who also owns the guitar John Lennon was playing when he met Sir Paul McCartney – beat off four other bidders to win the lot.

The lyrics were originally owned by Dylan’s friend, singer-songwriter Kevin Krown.

The singer’s words are not the only piece of musical memorabilia to be sold at auction recently.

Earlier this month, a collection of items – including lyrics, costumes and guitars – previously owned by late country star Johnny Cash sold for over $700,000 in Los Angeles, smashing expectations.

Darren Julien, President and CEO of Julien’s Auctions, who held the sale said: “Johnny Cash is a true legend and his collectability spans all continents.

“Bidders from around the world participated in the auction, proving that the Man in Black’s legacy will forever live on.”