It's the first time any such item has been offered.

The 'hair charm' was one of many used for a widely publicised seance/interview staged by Guitar World magazine in an attempt to reach guitar great Hendrix from the beyond on the 23rd anniversary of his death in 1983.

A spokesman for Profiles in History - the auction house behind the quirky sale - tells WENN, "It's a handmade 19 inch long amulet constructed of a braided nine inch red and green leather looped cord knotted to matching leather wrapped beads and bundled through a hub of Hendrix's hair.

"It was originally created circa 1971 by Felix Pappalardi, the bassist for Mountain and producer of Cream... Ultimately, the hair charm was discovered and purchased at a moving sale from a party who had previously acquired the charm from an estate sale in Hollywood, Florida. The charm, instantly recognisable from media coverage, was rediscovered in a broken frame."

The charm, which is still in "vintage very good condition", is expected to fetch at least $60,000 (£37,500) at Profiles in History's Multimillion Dollar Auction, which runs from 29 September to 1 October (15).

Other key musical items up for sale include Hendrix's personal wristwatch band, hotel keys, guitar string winder and personal stash bag, John Lennon's personal British Fireman's Overcoat, Bob Dylan's tour-used harmonica, Jim Morrison's signed contract featuring The Doors' greatest hits, Taylor Swift's Billboard Music Awards performance-worn bracelet and a vintage Hofner 'Violin' bass signed by Paul MCCartney.