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[Riya]

Handwritten lyrics of Bob Dylan's classic song 'The Times They Are a-Changin' has been sold for $422,500 at an auction.

The 69-year-old singer had written the words on a scrap of paper in the 1960s and experts at Sotheby's in New York estimated the item would fetch between $200,000 to $300,000, but it exceeded their expectation by getting $422,500, reports torontosun .

According to auction house bosses, the paper has been bought by Hedge fund manager and contemporary art collector Adam Sender who placed the winning bid on phone.