Current：Home > FinanceWhy the price of Coke didn't change for 70 years (classic)-LoTradeCoin
Why the price of Coke didn't change for 70 years (classic)
View
Date：2024-12-24 07:20:23
This episode originally ran in 2012.
Prices go up. Occasionally, 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
veryGood！ (3315)
Related
- Hurricane-stricken Tampa Bay Rays to play 2025 season at Yankees’ spring training field in Tampa
- US court rejects a request by tribes to block $10B energy transmission project in Arizona
- Lakers lock up No. 7 seed with play-in tournament win over Pelicans, setting up rematch with Nuggets
- Jason Kelce lost his Super Bowl ring in a pool of chili at 'New Heights' show
- When do new episodes of 'Cobra Kai' Season 6 come out? Release date, cast, where to watch
- Elephant named Viola escapes circus, takes walk through bustling Montana street
- How many ballerinas can dance on tiptoes in one place? A world record 353 at New York’s Plaza Hotel
- Bond denied for 4 ‘God’s Misfits’ defendants in the killing of 2 Kansas women
- John Krasinski named People's Sexiest Man Alive for 2024
- Matthew Perry hailed for '17 Again' comedy chops: 'He'd figure out a scene down to the atoms'
Ranking
- What that 'Disclaimer' twist says about the misogyny in all of us
- Hillary Clinton and Malala Yousafzai producing. An election coming. ‘Suffs’ has timing on its side
- Officials work to pull out 7 barges trapped by Ohio River dam after 26 break loose
- Teen arrested over stabbing in Australia church near Sydney that left bishop, several others wounded
- Michelle Obama Is Diving Back into the Dating World—But It’s Not What You Think
- Federal judge denies request from a lonely El Chapo for phone calls, visits with daughters and wife
- Remains identified as 2 missing Kansas women at center of Oklahoma murder case
- This new Google Maps feature is game changer for EV drivers
Recommendation
Powerball winning numbers for Nov. 9 drawing: Jackpot rises to $92 million
Catholic officials in Brooklyn agree to an independent oversight of clergy sex abuse allegations
Blake Griffin announces retirement: Six-time All-Star was of NBA's top dunkers, biggest names
New York’s high court hears case on abortion insurance coverage
New Orleans marks with parade the 64th anniversary of 4 little girls integrating city schools
Alabama children who were focus of Amber Alert, abduction investigation, found safe
Jessica Simpson Reveals How Becoming a Mom Gave Her Body Confidence
'Golden Bachelor' Gerry Turner, Theresa Nist divorce news shocks, but don't let it get to you