CAG-certified Armstrong Family Collection Tops $5.2 Million in First Auction

SARASOTA, Fla., Nov. 5, 2018 /PRNewswire/ -- Artifacts from the Armstrong Family Collection™, which was entirely certified by Collectibles Authentication Guaranty™ (CAG™), realized an incredible $5,276,320 at auction, Nov. 1-3, 2018. 

The nearly 1,000 CAG-certified items from the collection of astronaut Neil Armstrong—the first man to walk on the moon—and his immediate family members were sold by Heritage Auctions and set numerous records. In fact, the five all-time highest prices realized for space collectibles at Heritage Auctions, a firm that has sold items from the estates of 20 astronauts, are now held by CAG-certified artifacts from the Armstrong Family Collection.

The Armstrong Family Collection was the first collection to be certified by CAG, an expert and impartial certification service that works directly with collectors, estates, artists and museums to preserve the authenticity and provenance of their artifacts, memorabilia and estate items. CAG is a member of the Certified Collectibles Group (CCG) of companies, whose members include the world's leading certification services for coins, banknotes, comic books, magazines and stamps. The CCG companies have collectively certified more than 50 million collectibles since 1987.

"The Armstrong Family Collection represents one of the most important moments in American history, captured by an extraordinary group of artifacts," says Mark Salzberg, CCG chairman and CAG founder. "CAG is extremely honored to have been selected to certify this iconic collection."

Each artifact in the Armstrong Family Collection was thoroughly evaluated by CAG's experts and described in detail, photographed in high resolution and, if applicable, assigned a grade. Every item was given a unique certification number for tracking and identification purposes and either encapsulated in a tamper-evident, protective CAG holder or accompanied with a CAG Photo Certificate.

"CAG significantly simplified the daunting task of preparing the Armstrong Family Collection for presentation to the world. They helped with every step of the process – from inventorying to encapsulation, and they were instrumental in helping us evaluate potential auction houses," says Mark Armstrong, one of Neil Armstrong's two sons. "We could not be more pleased with the results of CAG's efforts."

Mark's brother, Rick Armstrong, adds: "CAG presented a unique opportunity to both preserve and share the Armstrong Family Collection. Thanks to CAG's efforts, everyone is able to view and study the collection while collectors can acquire a keepsake."

The Armstrong Family Collection sale boasted 14 CAG-certified artifacts that realized six-figure sums.

The top result was achieved by a Spacecraft Identification Plate flown on Apollo 11's lunar module during the mission, which lasted from July 16-24, 1969. Upon the mission's return, three lunar module identification plates were sent to its manufacturer, Grumman Aircraft Engineering Corp., and engraved with the mission's launch and splashdown dates. Each of the three astronauts on the mission—Armstrong, Buzz Aldrin and Michael Collins—was then presented with a lunar module identification plate mounted on a wood plaque.

The CAG-certified Apollo 11 Lunar Module Flown Spacecraft Identification Plate from the Armstrong Family Collection was the first of these historic relics to be sold at public auction. It realized $468,500.

Among the other highlights of the sale were six pieces of the Wright Flyer, the plane that the Wright Brothers flew to accomplish the first successful powered flight in 1903. Under a special arrangement with the Air Force Museum, Armstrong carried material from the historic airplane's propeller and wing in his personal preference kit (PPK) on Apollo 11 and brought it to Tranquility Base, the site where they landed on the moon.

After the mission, Armstrong delivered the material to the Air Force Museum, which allowed him to retain a portion of it. The material saved by the Air Force Museum is now in the collection of the Smithsonian Institution's National Air and Space Museum.

The Armstrong Family Collection sale featured two pieces of spruce from the Wright Flyer's propeller and four pieces of muslin cloth from its left wing. They were certified by CAG and encapsulated in a protective CAG holder with a certification label that bears the dates of the two important events: "Kitty Hawk 12/17/1903" and "Tranquility Base 7/20/1969."

The CAG-certified propeller pieces brought a remarkable $275,000 each. The fabric pieces ranged in price from $112,500 up to $175,000.

Armstrong also carried a variety of flags within him in his PPK on Apollo 11. The PPK allowed for the astronauts to carry mementos on their history-making journey. Flags were a popular item as they were small and light—the PPKs had a weight limit of only half a pound.

The largest US flag carried by Armstrong measured 17.75" x 11.5" and was encapsulated by CAG in a flat, tamper-evident holder. It sold for $275,000, a record price for a space flown-flag, as part of the Armstrong Family Collection sale.

The Armstrong Family Collection sale also included a number of space and lunar module-flown medals that were certified by CAG and graded by its affiliate, Numismatic Guaranty Corporation® (NGC®), the world's largest third-party coin grading service. Astronauts in the Gemini and Apollo programs traditionally brought medals with them into space as mementos. These medals, termed Fliteline or Robbins medals depending on the type, were then engraved with the mission dates upon their return to earth.

The top result for a medal in the Armstrong Family Collection was the $275,000 paid for an Apollo 1 Gilt Fliteline Medal that Armstrong carried with him on the Apollo 11 lunar module. It is graded NGC MS 64 and encapsulated by CAG in a protective holder.

Sadly, this Apollo 1 medal was not engraved with mission dates. Apollo 1 never took place after a tragic accident during a training exercise killed astronauts Gus Grissom, Ed White II and Roger Chaffee on January 27, 1967. 

Another significant result for an Armstrong Family Collection medal was achieved by an Apollo 11 Silver Robbins Medal that flew with Armstrong on the mission. Numbered 241, it was graded MS 66 by NGC, certified by CAG and auctioned for a record-shattering $112,500.

A particularly interesting item sold during the three-day auction was an Apollo 11 Type Three "Quarantine Cover," hand-signed by Armstrong, Aldrin and Collins. The postal cover was carried on the Apollo 11 mission and cancelled by the US Post Office 18 days after its return. The reason for the delay was stamped by the Post Office: "DELAYED IN QUARANTINE AT LUNAR RECEIVING LABORATORY M. S. C. HOUSTON TEXAS." This rare and highly desirable Quarantine Cover was encapsulated in a CAG holder and sold for $156,250—the highest price ever paid for a space postal cover.

"CAG unlocked tremendous value for the Armstrong Family Collection by giving bidders greater confidence in the authenticity and provenance of the artifacts. At the same time, CAG delivered significant long-term value and protection to buyers through its guarantee, impartial assessments and protective holders," says Todd Imhof, Executive Vice President of Heritage Auctions. "Every prestigious estate would similarly benefit from CAG certification." 

Michael Riley, Director of Space Exploration for Heritage Auctions, adds: "CAG did a wonderful job expertly describing and, when appropriate, grading and encapsulating the Armstrong Family Collection items. CAG's certification made it far easier for us to auction the collection and likewise for our clients to evaluate and bid on it."

To view the full results of the Nov. 1-3, 2018, sale of selections from the Armstrong Family Collection, visit the Heritage Auctions website, HA.com. 

Additional CAG-certified artifacts from the Armstrong Family Collection will be sold by Heritage Auctions in 2019, the 50th anniversary of the Apollo 11 mission. For more information about the sales, visit HA.com. 

For more information about CAG and its expert certification services, visit CAGcertified.com.

About Collectibles Authentication Guaranty (CAG)
CAG works directly with collectors, estates, artists and museums to preserve the authenticity and provenance of memorabilia and estate items at the source. Memorabilia, estate items and other diverse collections benefit from CAG's unique process, holders and expertise. With authenticity and provenance guaranteed, collectors have greater confidence, which results in a safer and more vibrant marketplace.

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