The event, hosted by Boston-based RR Auction, concluded on 17 April. The watch is one of 28 created for a celebratory event in 1969. The watch was sold for $USD2,125,000 ($AUD3,311,670).
Half of the price will be donated to charitable causes previously supported by Armstrong, and a portion of the return will also be donated to the Brian LaViolette Scholarship Foundation.
Before the auction, Mark Armstrong, son of the first man on the moon, said it was an important opportunity to assist worthy causes.
“A substantial portion of the proceeds from the sale of this watch will benefit charitable causes my father believed in, furthering the impact that he and many other Americans made to humanity more than half a century ago,” he explained.
A Rolex owned by another NASA astronaut was sold at auction in November for $USD2.2 million ($AUD3.3 million).
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