Episode 1 of 2

Peak Speculation

When
February 1637
Where
Dutch Republic
Part of
Tulip mania collapse

Tulip contract prices reached extraordinary levels in early 1637, with bulbs selling for over 10 times an artisan's annual income.

The major acceleration started in 1634, reaching a peak in February 1637. At this height, certain bulbs sold for more than 10 times the annual income of a skilled artisan. Contracts changed hands multiple times, and by 1636, tulips were traded on exchanges in numerous Dutch towns.

Sources

  1. Tulip mania Wikipedia, revision of 2026-06-22

Machine-drafted from the cited Wikipedia passages and checked by a reviewing model, not by a human editor. Every passage cites the revision it was written from; dates and places follow those passages.