London, Apr 20 : Hollywood actress Gwyneth Paltrow is auctioning off her most treasured clothes from her incredible wardrobe in a bid to raise money for a New York charity that fights poverty.

The `Great Expectations' actress, who is busy filming Iron Man 2 in L. A., is holding a wardrobe clear out at her London home to raise funds for Robin Hood Foundation, which helps fight poverty in New York.

Phillip Davies, who is supervising the auction on eBay, revealed that Gwyneth would get rid of 100 of her most loved outfits.

"Gwyneth is a neighbor of ours and is obviously familiar with what we do," the Daily Star quoted Davies, as saying.

"She had a big clear-out of her wardrobe and wants to raise money for one of the charities she''s involved in. There are some amazing pieces from Jimmy Choo to Lanvin to Balenciaga," Davies added. (ANI)