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The Apollo 11 FIRST DAY COVER lot is from the personal collection of Lunar module pilot Buzz Aldrin and is signed by all three Apollo 11 astronauts.
Unsurprisingly, insurance companies were not lining up to offer life insurance to the pioneers of the US space program. The workaround that NASA came up with was the introduction of the insurance cover, which were issued in limited numbers and cancelled on the day of launch. They were designed to become valuable in the event of the astronauts' deaths. The money raised from their sale would have gone to their families.
Around 1,000 were printed.
This example is one of only a very limited number that actually flew TO THE SURFACE OF THE MOON!
This first day cover is number EEA-14 (Which stands for Edwin Eugene Aldrin) and personally signed by Neil Armstrong, Buzz Aldrin and Michael Collins.
It bears the stamp that says, “DELAYED IN QUARANTINE – LUNAR RECEIVING LABORATORY – M.S.C. HOUSTON, TX” which confirms that it actually flew on Apollo 11.
It's offered with a reserve of $32,000.
Reserve price of $32,000. Shipping costs not included in bid. Goods received/shipped in condition in which they are displayed at the gala.