One of the most (in)famous protagonists was Henry T. Helmbold (1826–1892), who started his patent medicine business in 1846 as a retail druggist with “Helmbold’s Extract Buchu—cures diabetes, gravel, brick-dust deposits, irritations of the bladder and diseases arising from exposure or imprudence, etc.” and other medicines. He opened his first store in Philadelphia in 1850, the largest and best-known in New York in 1862. By 1865 Helmbold’s buchu was the bestselling patent medicine on the US market. For this, he spent enormous amounts of money on advertising, mostly in newspapers: ∼US$ 500,000 (about 10 million US$ today) each for the years 1869–71. For the distribution of his products, Helmbold had his own 4c postage stamp (Figure 4) (The Historian, 1912; Young, 1961).
Category: Patent Medicines, Nostrums and Snake Oil | Africa | Nineteenth Century