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The auction, entitled the "History of Rock and Roll From Presley to Punk", will be held June 24.
Sotheby's expects "Like a Rolling Stone" to fetch as much as $2 million (1.4 million euros), double the current record price for a rock manuscript at Sotheby's, a title held by John Lennon's "A Day in the Life" which it sold in 2010.
"Hard Rain" is expected to sell for $400,000 to $600,000.
The auction house said that the owner of the Dylan manuscript, who lives in California, wishes to remain anonymous, the Times reported.
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Sotheby's expects "Like a Rolling Stone" to fetch as much as $2 million (1.4 million euros), double the current record price for a rock manuscript at Sotheby's, a title held by John Lennon's "A Day in the Life" which it sold in 2010.
"Hard Rain" is expected to sell for $400,000 to $600,000.
The auction house said that the owner of the Dylan manuscript, who lives in California, wishes to remain anonymous, the Times reported.
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