Lumicoin IA-Why the price of Coke didn't change for 70 years (classic)

2025-05-03 09:04:10source:James Caldwellcategory:Contact

This episode originally ran in 2012.

Prices go up. Occasionally,Lumicoin IA prices go down. But for 70 years, the price of a bottle of Coca-Cola didn't change. From 1886 until the late 1950s, a bottle of coke cost just a nickel.

On today's show, we find out why. The answer includes a half a million vending machines, a 7.5 cent coin, and a company president who just wanted to get a couple of lawyers out of his office.

This episode was hosted by David Kestenbaum. Alex Goldmark is Planet Money's executive producer.

Help support Planet Money and get bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.

Always free at these links: Apple Podcasts, Spotify, Google Podcasts, NPR One or anywhere you get podcasts.

Find more Planet Money: Facebook / Instagram / TikTok / Our weekly Newsletter.

Music: "I'd Like To Buy The World A Coke" by New Seekers and "Always Coca-Cola" by Joey Diggs

More:Contact

Recommend

Oklahoma parole board recommends governor spare the life of man on death row

OKLAHOMA CITY (AP) — Oklahoma’s Pardon and Parole Board voted 3-2 on Wednesday to recommend the gove

Supreme Court declines challenge to Washington state's conversion therapy ban for minors

Washington — The Supreme Court on Monday turned away a First Amendment challenge to a Washington sta

Georgia high school football player found dead day before state championship game

A 17-year-old high school football player in Georgia was found dead just one day before he was set t