The Apollo 11 mission launched four days prior to its landing, from the Kennedy Space Center at 9.32am (Eastern Daylight Time [EDT]), with Neil Armstrong and Buzz Aldrin aboard the rocket that would make history.
Dallas-based Heritage Auctions will handle the auctions.
According to Heritage Auctions president Greg Rohan, the public always finds any objects related to the space program completely fascinating.
Dubbed the Armstrong Family Collection, the collection contains more than 2,000 items and will be under the hammer in a series of three auctions.
The footage will continue early Saturday morning as the astronauts return to the lunar module at 1:11 a.m. Armstrong and Aldrin head back to the orbiter beginning at 1:54 p.m. NASA has provided a timeline of some of the key moments of the mission if you want to clear your schedule for a particular event.
"Space is one of the very, very few categories that every single person seems to be interested in", Rohan said in a statement.
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Speaking to Associated Press, Mark Armstrong, Neil Armstrong's son said his father never mentioned what he wanted to do with those items he kept. "He did save all the items, so he obviously felt they were worth saving".
What to watch Armstrong and Aldrin steer their course down to the moon's surface?
Other items that went to the moon with Armstrong include a USA flag, the largest size typically flown during Apollo missions; a United Nations flag; various state flags; and some Robbins Medallions.
A USA flag, the largest size to make the space trip on the Apollo, is also on the auction list, together with a United Nations flag and various state flags.
Neil Armstrong dies in 2012 in his native OH. after his death, his sons faced the responsibility of conserving, preserving and securing irreplaceable items and honoring their father's legacy.