Christie's spokeswoman Margaret Barrett said on Friday the lyrics by the former Beatle were expected to fetch between $80,000 and $100,000 at the auction in New York City on Tuesday.
Online auctioneers itsonlyrocknroll.com said they would put a fibreglass yellow submarine, displayed at the 1968 Los Angeles premier of the Beatles movie of the same name, on sale on Tuesday along with an unreleased, 26-minute Christmas message taped for fan clubs in 1965.
Christie's sale also includes the best director Oscar won by Michael Curtiz for Casablanca, which is expected to sell for between $200,000 and $300,000.
The online auction, with items being previewed at New York's Pier 94 antique show, closes on 9 December. Bids on the two-metre long mock submarine will start at $15,000, while the Beatles Christmas tape is expected to sell for about $25,000.
Also featured in the sale are Grammy Awards for best pop vocal performance won by Frank Sinatra for Strangers in the Night, and Paul Simon for Still Crazy After All These Years.