early LED project

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I was there then but do not remember. What was the first LED which we could buy?

Me, I was cheap, I waited for the price to fall to 10 for a dollar. Late 1970s.

I had heard tales of RCA asking hundreds of bucks each in the 1960s.

Here is a 1970 Electronics Illustrated article using one LED which you can buy at four and a half dollars.
LED-1970-5bucks----2--------------42.gif

For reference, a tightly selected neon lamp was $0.55 then. See my paste-in.

$4.50 was a full fill-up for a 1967 Mustang. The gas gauge had four quarters. One dollar bought almost one quarter tank. If you had really run it dry (girlfriend in another state) it would be a little more. So $4.50 then is almost exactly like $60 today.
 
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The first commercial LED was the GaAs infrared type SNX-100 launched on the market in october 1962 by TI. It sold at $130 per unit. There is a nice paper about this device, written in 2015 by Thomas M. Okon and James R. Biard.
 
I also remember when blue LEDs made their debut on the DIY scene. They were
$10 each and very very delicate. When they came down to $4 I was thrilled and used them as power indicators on my home brewed stuff. I had red, yellow, green, and blue LEDs and thought it was the best of times in which to live! Now I have pink, purple, white, orange, aqua, and more! Oh how far we have come from the Stone Age of just red!