Jane Fonda Auctions Off Famous Wardrobe and Unexpected Treasures

The actress is auctioning nearly 700 of her personal possessions.

"At a certain point in life, you want to pare things down," Fonda, 78, said in a video released by Julien's Auctions. "And that can include things that really come from your heart."

The leotard could sell for a few thousand dollars, "just because Jane wore it," Darren Julien, the auction house's founder and CEO, told ABC News.

"If you or I had too many items, we'd do a garage sale," Julien said. "But when you're Hollywood royalty like Jane Fonda, you do a first-class auction."

"I wanted my presence to be somber and make a statement," Fonda told the auction house of the black, wool ensemble. "So I thought the suit was the right move."

"He took off all my makeup off, except my eye makeup, and he covered my face with clown white makeup," Fonda said of the famed artist. "I was appalled."

Some of the items, like a signed script from "On Golden Pond," surprised even Fonda when she discovered them in storage.