The Beatles Grammy presented to John Lennon expected to sell for $500K

Collectors will have to dig deep into their pockets if they want to get their hands on a valuable piece of rock 'n' roll history that's currently up for auction.

The ' 1972 Trustee Award presented to is expected to fetch up to $500,000, through the Gotta Have Rock And Roll auction house.

Each of the four members of The Beatles — which includes , and — were given the statuettes in recognition for their 'significant contributions to the field of recording' two years after the band broke up, according to the .

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