Neil Armstrong autographed cards to provide money for his family if he died on the way to the moon
He could not afford insurance
If you’re attempting the first ever landing on the moon, taking out life insurance might not be a bad idea.
But for Neil Armstrong, who was on a federal salary of just $17,000 at the time of the moon landing in 1969, there was no way to afford the $50,000-a-year policy - more than $300,000 in today’s money.
So the astronaut came up with an inventive way to make sure his family were provided for should he not return - he signed a series of space-themed envelopes
For Neil Armstrong, who was on a federal salary of just $17,000 at the time of the moon landing in 1969, there was no way to afford the $50,000-a-year policy
they could sell.
Armstrong, whose funeral is being held in Ohio today after he passed away on August 25, signed hundreds of the envelopes in the weeks leading up to the landing attempt in July 1969.
His fellow Apollo 11 astronauts, Michael Collins and Buzz Aldrin, signed the same envelopes, completing the task as they all spent a month in quarantine before take-off.
To ensure the signed covers would fetch top prices, the men put stamps on them, wrapped them in a package and posted them to a friend.
He took the envelopes to a post office to postmark them on important dates, such as July 16, 1969 - the day Apollo was launched - and July 20 - the day they landed on the moon.