Astronaut Life Insurance

Robert Pearlman, a space historian and collector, explains the scheme that would have been used to provide for Neil Armstrong's family, should the worst have happened:

"These astronauts had been signing autographs since the day they were announced as astronauts, and they knew even though eBay didn't exist back then, that there was a market for such things," Pearlman said. "There was demand." Especially for what were called covers -– envelopes signed by astronauts and postmarked on important dates.

About a month before Apollo 11 was set to launch, the three astronauts entered quarantine. And, during free moments in the following weeks, each of the astronauts signed hundreds of covers. They gave them to a friend. And on important days — the day of the launch, the day the astronauts landed on the moon — their friend got them to the post office and got them postmarked, and then distributed them to the astronauts' families.

It was life insurance in the form of autographs.