Neil Armstrong’s Apollo 11 Gold Medal, Certified by NGC and CAG, Realizes Over $2 Million

Posted on 7/18/2019

Other NGC-graded numismatic rarities from the Armstrong Family Collection™ also realized impressive prices at a Heritage Auctions space sale on Tuesday.

An extremely rare gold medal graded by Numismatic Guaranty Corporation® (NGC®) that traveled on the Apollo 11 mission to the moon realized $2,055,000 at an auction held on the mission's 50th anniversary. It is one of the highest prices ever paid for a medal, and it is the highest price realized to date for any item from the Armstrong Family Collection™, which comprises items saved by astronaut Neil Armstrong and his immediate family members.

The gold medal is called a Robbins Medal; astronauts had these struck to bring on their missions starting with Apollo 7. On their obverse side, the Robbins Medals feature the insignia of the mission they were made for, so the Apollo 11 ones show an eagle landing on the lunar surface. This design was later adapted for the reverse of the Eisenhower and Susan B. Anthony dollars.

Only three Apollo 11 Gold Robbins Medals were struck, one for each astronaut on the mission. This one was brought along by Armstrong, who became the first man to walk on the moon’s surface on July 20, 1969.

CAG-certified Apollo 11 Gold Robbins Medal, flown on the Apollo 11 Lunar Module.
Graded NGC MS 67 and pedigreed to the Armstrong Family Collection.
Realized: $2,055,000
Click images to enlarge.

NGC graded the medal NGC MS 67, while an affiliated company, Collectibles Authentication Guaranty® (CAG™), certified its provenance to the Armstrong Family Collection. So far, the Armstrong Family Collection, which has been entirely certified by CAG, has realized more than $11 million at auction. Heritage Auctions is conducting the sales of artifacts from this collection.

CAG-certified Apollo 11 Silver Robbins Medal (#9), flown on Apollo 11. Graded NGC MS 66 and pedigreed to the Armstrong Family Collection. Realized: $52,500

“The Apollo 11 Gold Robbins Medal is the centerpiece of one of the most important collections of memorabilia of the last 50 years,” said Mark Salzberg, Chairman of NGC and CAG. “This rare gold medal accompanied Neil Armstrong from blast-off to splashdown on that historic first mission to the moon. This is, without a doubt, one of the most significant items that NGC and its affiliates have ever certified.”

In addition to the three Gold Robbins Medals, more than 400 Silver Robbins Medals were flown on Apollo 11. They were engraved with individual numbers, and the one with serial number #9 was also offered in the Heritage sale. Graded NGC MS 66 and certified by CAG as part of the Armstrong Family Collection, it realized $52,500.

"The Armstrong Family Collection continues to reach new heights, adding to its record total for a collection of space memorabilia,” said Todd Imhof, Executive Vice President of Heritage Auctions. “The services provided by NGC and CAG make our bidders feel more comfortable, and this is reflected by the impressive prices realized.”

Before taking humanity’s first steps on the moon in July 1969, Neil Armstrong flew into space in March 1966 on Gemini 8. That mission marked the first docking of a spacecraft in orbit, but a stuck thruster imperiled the two-man crew before Armstrong found a solution.

CAG-certified 1864 Large Motto Two Cent Piece, flown on Gemini 8.
Graded NGC MS 61 BN and pedigreed to the Armstrong Family Collection.
Realized: $32,500
Click images to enlarge.

Armstrong took an 1864 Large Motto Two Cent Piece with him on the mission “in a specially sewn pocket in my pressure suit,” according to a transcription of Armstrong’s letter to Ohio numismatist LeRoy Burnette. The coin, graded NGC MS 61 BN, and the related correspondence realized $32,500—by far the highest price ever paid at auction for a business strike of a 1864 Large Motto Two Cent Piece.

CAG-certified Gemini 8 Fliteline Medal in sterling silver, flown on Gemini 8. Graded NGC MS 63 and pedigreed to the Armstrong Family Collection. Realized: $28,750

Two Silver Gemini 8 Fliteline Medals, which were precursors to the Robbins Medals, were sold for $28,750 and $20,000. Each is graded NGC MS 63 and certified by CAG as part of the Armstrong Family Collection.

“The expert certification services provided by NGC and CAG were crucial for the Armstrong Family Collection,” said Rick and Mark Armstrong, Neil Armstrong’s sons. “Their services helped to provide collectors with a better understanding of these artifacts while at the same time preserving their provenance and their condition.”

Other NGC-graded and CAG-certified highlights from the Armstrong sale included:

NGC graded hundreds of coins, medals and tokens in the CAG-certified Armstrong Family Collection. The collection also includes flags, patches, photographs, papers, magazines, buttons, record albums and even pieces of the Wright Flyer, perhaps the most famous airplane of all time. A CAG-certified Wright Flyer propeller piece in this auction realized $150,000, the second-highest result in the sale. Meanwhile, a CAG-certified Wright Flyer wing piece sold for $143,750, the sale’s third-highest result.

CAG-certified Wright Flyer Propeller Piece (left) and Wing Piece.
Flown on Apollo 11 and pedigreed to the Armstrong Family Collection.
Realized: $150,000 and $143,750, respectively.
Click images to enlarge.

CAG was established to preserve the authenticity and provenance of collectibles at the source by working directly with collectors, estates, artists, museums and others. Most items certified by CAG are encapsulated in proprietary holders that enable the artifact to be both preserved and attractively displayed. CAG is an affiliate of NGC, which has certified more than 44 million coins, tokens and medals since 1987.

For more information about CAG, visit CAGcertified.com. For more information about NGC, visit NGCcoin.com.

The fourth sale of CAG-certified artifacts from the Armstrong Family Collection is planned for November 14-15, 2019. Previous auctions were held in November 2018 and May 2019.


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