Items to go for auction next month also include his red jacket from his 1977 action comedy film 'Smokey and the Bandit', reported the Daily Mirror.
The actor, one of Hollywood's highest-paid stars in the 1970s, declared bankruptcy with debts of 6 million pounds in the 1990s.
He has struggled to sell his two million pounds Florida mansion and owes more than 800,000 pounds on its mortgage.
"It truly is time to downsize and for these items I have loved to find new homes," Reynolds, 78, said.
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