Frank Spedding, celebrated for his development of the ion-exchange technology that revolutionized the rare-earth industry in the mid-1950s, once related the story of how he was lecturing on the rare earths in the 1930s, when an elderly gentleman approached him with an offer of a gift of several pounds of europium oxide. This was an unheard-of quantity at the time, and Spedding did not take the man seriously. However, a package duly arrived in the mail, containing several pounds of genuine europium oxide. The elderly gentleman had turned out to be Herbert Newby McCoy, who had developed a famous method of europium purification involving redox chemistry.