Alchemy became known as the spagyric art after Greek words meaning to separate and to join together in the 16th century, the word probably being coined by Paracelsus. Compare this with one of the dictums of Alchemy in Latin: Solve et Coagula Separate, and Join Together (or "dissolve and coagulate").
The best-known goals of the alchemists were the transmutation of common metals into gold (called chrysopoeia) or silver (less well known is plant alchemy, or "spagyric"); the creation of a "panacea", or the elixir of life, a remedy that, it was supposed, would cure all diseases and prolong life indefinitely; and the discovery of a universal solvent.Although these were not the only uses for the discipline, they were the ones most documented and well-known. Certain Hermetic schools argue that the transmutation of lead into gold is analogical for the transmutation of the physical body (Saturn or lead) into Solar energy (gold) with the goal of attaining immortality.This is described as Internal Alchemy. Starting with the Middle Ages, Persian and European alchemists invested much effort in the search for the "philosopher's stone", a legendary substance that was believed to be an essential ingredient for either or both of those goals. Pope John XXII issued a bull against alchemical counterfeiting, and the Cistercians banned the practice amongst their members. In 1403, Henry IV of England banned the practice of Alchemy. In the late 14th century, Piers the Ploughman and Chaucer both painted unflattering pictures of Alchemists as thieves and liars. By contrast, Rudolf II, Holy Roman Emperor, in the late 16th century, sponsored various alchemists in their work at his court in Prague.
It is a popular belief that Alchemists made mundane contributions to the "chemical" industries of the day—ore testing and refining, metalworking, production of gunpowder, ink, dyes, paints, cosmetics, leather tanning, ceramics, glass manufacture, preparation of extracts, liquors, and so on (it seems that the preparation of aqua vitae, the "water of life", was a fairly popular "experiment" among European alchemists). In reality, although Alchemists contributed distillation to Western Europe, they did little for any known industry. Long before Alchemists appeared, goldsmiths knew how to tell what was good gold or fake, and industrial technology grew by the work of the artisans themselves, rather than any Alchemical helpers.
The double origin of Alchemy in Greek philosophy as well as in Egyptian and Mesopotamian technology set, from the start, a double approach: the technological, operative one, which Marie-Louise von Franz call extravert, and the mystic, contemplative, psychological one, which von Franz names as introvert. These are not mutually exclusive, but complementary instead, as meditation requires practice in the real world, and conversely.