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This sample came from the lab of a deceased chemist. Look at the date on it! Rec'd 10-5-27: It's over 80 years old. Fortunately precious metals don't go bad. Sponge, by the way, refers to very finely powdered material with high surface area. It looks like little balls, but if you touched it it would probably be very powdery. Palladium is used as a catalyst where surface area is important, that's probably why it was made into sponge form.
Addition and correction from the source:
Back in the early 20th century, we did not have the monolithic and ubiquitous chemical companies like the Alfa Aesars and Sigma Aldriches we see today, industrial powerhouses manufacturing specialized chemicals for research and laboratories. So, if a professor needed a metal or chemical such as this in a small amount, he (always a he back then) would either have to produce it at the university or laboratory where he was working, or appeal for some samples from a personal contact working one of the few companies dealing with uncommon materials, in this case, precious metals.
Source: Ethan Currens
Contributor: Theodore Gray
Acquired: 19 November, 2008
Text Updated: 1 March, 2009