The footage is being auctioned by Sotheby’s, and has been described as “the only surviving first-generation recordings of the historic moon walk”.
Bidding for the footage will start at $700,000, and Sotheby’s expects the reels to ultimately sell for anywhere from $1 to $2 million.
The auction house says that the footage is among 1,150 reels that Gary George purchased in 1976 from a government surplus auction. Mr George, a former intern at the space agency, paid just $218 then for them, or about $975 in modern dollars.
Mr George has said that he didn’t know the contents of the tapes for decades, and originally didn’t believe they contained anything of value.
But in 2006, NASA admitted that they had lost the Apollo 11 landing tapes, and Mr George realised the value of the tapes that he had purchased.
NASA says that other recordings of the landing were likely reused or erased in the early 1980s.
The auction being held by Sotheby’s is dedicated to space exploration, and opened over the weekend.
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