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

2025-04-30 04:18:34source:SCA Communitycategory:Markets

This episode originally ran in 2012.

Prices go up. Occasionally,AstraTrade 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:Markets

Recommend

Don't let hackers fool you with a 'scam

You're pulling your hair out, trying to fix something on your computer. You Google it and find what

Brittney Griner on Paul Whelan, Evan Gershkovich being released: 'It's a great day'

VILLENEUVE-D'ASCQ, France — When Brittney Griner got word Thursday that Wall Street Journal reporter

Jobs report: Unemployment rise may mean recession, rule says, but likely not this time

The economy seems to be on solid footing, with the nation’s gross domestic product and employment bo