24th Nov, 2022 11:00

Fine Scientific & Medical Instruments and Books

 
Lot 345
 

Scientific American – The Great Depression

Scientific American, November 1929, Industrial Number

Scientific American, November 1929 (volume 141, number 5), may have been sold on newsstands on the day of the stock market crash, while ironically publishing a Lucky Strike ad that suggested an end to the “miserly” practice of hoarding gold. The claim being that the robustness and surety of the stock market and the banking institutions meant that the days of holding on to more physical representations of wealth were long gone. This was soon proven false, as gold skyrocketed from $20 an ounce up to $1,860 an ounce, at the same time as almost half of the US’ 25,000 banks permanently closed.

This issue covers a breadth of other topics, from rather unique insights into the effects of smoking, a report on the state of the Imperial Japanese Navy, the friendship between Ford and Edison, and the impossibility of traveling faster than light.

About the publication:

Scientific American has been running for 177 years, since 1845, and focuses on presenting scientific theories and concepts to a lay audience. Originally starting out as a 4-page publication reporting about developments at the US Patent Office, the popular science magazine now spans digital and print media, published in 19 languages worldwide.

Sold for £812

Result plus buyers premium


 

Scientific American, November 1929, Industrial Number

Scientific American, November 1929 (volume 141, number 5), may have been sold on newsstands on the day of the stock market crash, while ironically publishing a Lucky Strike ad that suggested an end to the “miserly” practice of hoarding gold. The claim being that the robustness and surety of the stock market and the banking institutions meant that the days of holding on to more physical representations of wealth were long gone. This was soon proven false, as gold skyrocketed from $20 an ounce up to $1,860 an ounce, at the same time as almost half of the US’ 25,000 banks permanently closed.

This issue covers a breadth of other topics, from rather unique insights into the effects of smoking, a report on the state of the Imperial Japanese Navy, the friendship between Ford and Edison, and the impossibility of traveling faster than light.

About the publication:

Scientific American has been running for 177 years, since 1845, and focuses on presenting scientific theories and concepts to a lay audience. Originally starting out as a 4-page publication reporting about developments at the US Patent Office, the popular science magazine now spans digital and print media, published in 19 languages worldwide.

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