The lion is one of the most famous characters in movie history

The costume, estimated to fetch between £200,000 and £300,000, is part of a Hollywood memorabilia sale on auction site eBay on 14 and 15 December.

The sale, hosted by US-based auction house Profiles in History, also includes Elvis Presley's wedding ring from his 1967 marriage to Priscilla.

The domed head of Star Wars robot R2-D2 will also go under the hammer.

It is estimated to fetch up to £75,000, while the Presley ring, made from platinum and diamonds, could make a similar sum.

The dress worn by Judy Garland has a 27-inch waist

The lion costume is made of real lion pelts, which have been sewn together to form the outfit.

The costume is mounted on a pedestal and positioned in the memorable "Put 'em up, put 'em up" pose from the film.

Other items up for grabs include such costumes as trousers Oliver Hardy wore in the film Swiss Miss and Fred Astaire's sailor suit from Follow the Fleet.

A blue and white gingham dress worn by Judy Garland in The Wizard Of Oz fetched £140,000 at an auction in London last year.

The dress, which was purchased by an unnamed phone buyer, had been expected to fetch £35,000.

The Wizard of Oz's tin man costume was largely destroyed, while the scarecrow outfit is currently housed in the Smithsonian's National Museum of American History in Washington DC.