In his work, Psychologie und Alchemie, published in 1944, Jung wanted to present a reconstruction of alchemy. In order to do this he used a method of psychology, which he modified and enriched with inspirations drawn from neo-romantically-oriented German medical historiographies of the nineteen thirties. Using historical materials, he intended to demonstrate the empirical character of his Depth Psychology, a widespread concept, ingrained in our supra-personal social unconscious. The present article questions the nature of Jung's reconstruction of alchemy as historical reconstruction. The author presents the methodological bases referred to by Jung derived from his concept of medical practice and compares them with a manner of thinking typical of contemporary historical analysis. The article also presents Jung's inspirations from the medical historiography of his time, as well as the dissimilarity of his concept with the model of historical narrative construction in force in the historiography of the thirties and forties. At the same time, it presents the elements of the "romantic inheritance" in Jung's thought, drawn from the tradition of German non-materialistic medicine of the first half of the nineteenth century.