Rolling Stones guitarist Ronnie Wood and his ex-wife Jo expect to make as much as $500,000 by auctioning off some jointly owned possessions -- including a wealth of Stones memorabilia. Stage clothes, backstage passes, custom-painted guitars and some of Wood's painted portraits of colleagues such as Keith Richards, Bob Dylan and Eric Clapton will be sold on October 27 by Julien's Auctions in Beverly Hills, California. Darren Julien told Reuters that the Woods, whose 24-year marriage ended in 2011 after Ronnie ran off with a waitress, "are still very good friends and they just decided it was time to simplify and sell some of their property." Jo Wood is planning to release a memoir in February. Julien expects the guitars to net between $4,000 and $8,000, while the portraits will go for between $800 and $1,200. The couple will also be selling antiques, furniture and art from the Surrey, England countryside estate shared by the couple. A portion of the proceeds will go to the Recording Academy's MusiCares charity.