In Proposition 1.1 of [Math. Proc. Cambridge Phil. Soc. 64 (1968), No. 2, 251-264], P.M. Cohn famously claimed (without proof) that a commutative domain is atomic if and only if it satisfies the ascending chain condition on principal ideals (ACCP). Some years later, A. Grams [Math. Proc. Cambridge Phil. Soc. 75 (1974), No. 3, 321-329] showed (by way of a counterexample) that Cohn's statement is wrong: Every commutative domain satisfying the ACCP is atomic, but not the other way around. It
Grams' construction is thereforecommonly acknowledged as the first counterexample to Cohn's claim; and until now (2022-08-14, 13:40 CET), I too have believed that this was indeed the case. However, it appears that Cohn himself had already realized his mistake and sketched a (somewhat easier) counterexample on p. 4, ll. 14-18 of [Amer. Math. Monthly 80 (Jan., 1973), No. 1, 1-18].
In any case, it is natural to wonder if Cohn's claim can be, in a senseway, fixed by providing a sensible characterization (say, of a somewhat ideal-theoretic flavour) of when a commutative domain (or, more generally, a cancellative commutative monoid) is atomic.
Edit 2 (addressing a comment by მამუკა ჯიბლაძე). Apart from Grams' counterexample toand Cohn's counterexamples (to Cohn's statement), further examples of atomic commutative domains that do not satisfy the ACCP were givenare constructed by A. Zaks in [J. Algebra 80 (1982), 223-231] (where the author considers certain quotients of a polynomial ring in infinitely many variables and proves that they are atomic without the ACCP) and by M. Roitman in [J. Pure Appl. Algebra 87 (1993), 187-199] (where, in Example 5.1, the author famously shows the existence of an atomic commutative domain $R$ such that the univariate polynomial ring $R[X]$ is not atomic, incidentally producing an atomic commutative domain without the ACCP). More recently, further examples were provided by J. G. Boynton and J. Coykendall [J. Pure Appl. Algebra 223 (2019), 619-625] (where the authors use pullbacks of commutative rings to construct large families of atomic commutative domains without the ACCP) and F. Gotti and B. Li [https://arxiv.org/abs/2111.00170] (where, among other things, the authors construct what appears to be the first-ever example of an atomic commutative monoid ring that does not satisfy the ACCP).
It is definitely much easier to construct cancellative commutative monoids without the ACCP. For instance, S.T. Chapman et al. prove in Corollary 4.4 of [Amer. Math. Monthly 128 (2021), No. 4, 302-321] that, if $r$ is a non-zero rational number smaller than $1$ whose numerator is not $1$, then the additive monoid of the cyclic Puiseux monoidsemiring generated by $r$ (i.e., the submonoid of the additive group of the rational field generated by $1, r, r^2, \ldots$) is atomic but does not satisfy the ACCP.
Let $R$ be a commutative domain. As remarked by Cohn himself, all the notions above are described by the partially ordered set $L_p(R)$ of all principal ideals of $R$. For instance, $R$ satisfies the ACCP if and only if $L_p(R)$ is a noetherian poset, and $R$ satisfies the DCCP if and only if $L_p(R)$ is artinian. It is easily seen that $R$ is atomic if and only if, for every $I \in L_p(R)$, the interval $$ [I,R] :=\{\, J\in L_p(R) \colon I \subseteq J\subseteq R\,\} $$ has a maximal finite chain. Here, a maximal finite chain of the interval $[I,R]$ is a finite chain $I = I_0 \subsetneq I_1 \subsetneq \cdots \subsetneq I_n = R$ of $[I,R]$ that cannot be properly refined into any other finite chain of $[I,R]$. See [A. Facchini and M. Fassina, Factorization of elements in noncommutative rings, II, Comm. Algebra 46 (2018), No. 7, 2928-2946]." Alberto adds, "II don't know though if that counts as a satisfactory ideal-theoretic characterization."