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Indirectly Reagan's comment was partly true. I actually contracted with the Molloy sound company in Manchester for that and the other microphones used in the debate.
I understand that Bob Molloy kept that microphone as a collector's item.
Watching the video, I'm surprised to see that Reagan says "I am paying for this microphone, Mr. Green" (as Nick quoted correctly) instead of "I paid for this microphone ..." as it is usually given. Funny how many famous quotes are slightly wrong - call it the "Elementary, my dear Watson" syndrome.
It's funny how quotes get messed up like that. So many different interperatations.