This is one small dusting for man, and one giant windfall for mankind. Armstrong filled the bag with moon rocks from his historic trip and gave the bag to a Houston lab, which emptied the bag of the rocks and then lost track of it.
Years later, the bag turned up on an auction website and was bought, along with some other items, for $995 dollars by Nancy Lee Carlson.
But once officials knew the bag came from the moon, they confiscated it as government property. The auction is slated to take place on 20 July, the 48th anniversary of the Apollo 11 mission's historic first moon landing, in NY where the pouch is expected to fetch anything between $2m and $4m - an amount no space exploration artefact has ever commanded at an auction.
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Sotheby's NY said the dinner plate-sized bag could fetch up to $4 million when it goes on the auction block on July 20 - the 48th anniversary of the Apollo 11's historic first moon landing. The bag's convoluted history includes the 2003 Federal Bureau of Investigation raid on the home of Max Ary, the former director of a Kansas space museum. He was later charged and convicted of stealing items that belonged to the government.
Neil Armstrong's lunar sample bag is expected to fetch as much as $4 million when it is sold at auction by Sotheby's in July after mistakenly ending up in a private collection.
As the NASA space bag represents the culmination of a massive national effort which involves a generation of Americans, the NASA space pouch is expected to go very expensive for the reason that the space agency doesn't allow a person to own any bit of the moon.
Carlson sued, and in December of 2016, judges ordered the bag returned to her. A back-and-forth legal battle followed, but the buyer ended up retaining possession of the priceless artifact, which she now plans to hand over to the highest bidder. The attorney plans to donate a portion of the sale proceeds to charity, and to establish a scholarship at her alma mater, Northern Michigan University, Reuters reported.