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Willie Nelson's braids on auction block

Published On: Aug 22 2014 11:50:34 AM CDT
Updated On: Aug 22 2014 11:53:04 AM CDT
Willie Nelson

Skip Nocciolo/CNN

If you have several thousand dollars to burn, you could become the new owner of some of the most famous braids in the music business.

Willie Nelson's braids are among the items going up for auction on Oct. 5 as part of a sale of memorabilia owned by singer Waylon Jennings, according to The Guardian. Nelson's hair is expected to bring in $50,000 to $60,000.

Nelson cut off his signature locks in 1983 and presented them to Jennings at a party thrown by Johnny Cash and June Carter Cash in honor of Jennings' sobriety, reported The New York Times.

The hair is one of several notable items that will be for sale. Bidders can also try to snag Buddy Holly's motorcycle, a handwritten letter from John Lennon and Muhammad Ali's boxing gloves, among other things, according to Taste of Country.

Jennings struggled with cocaine addiction during his lifetime. He died in 2002 due to complications from diabetes, according to The Guardian. The auction will be conducted by Guernsey's auction house at the Musical Instrument Museum in Phoenix.