Episode 2 of 2
Market Collapse
- When
- Early February 1637
- Where
- Dutch Republic
- Part of
- Tulip mania collapse
In February 1637, demand for tulips collapsed as traders failed to find new buyers, causing prices to plummet and trade to halt.
Traders could no longer find buyers willing to pay inflated prices. As this realization set in, demand collapsed and prices plummeted. The crash occurred by the end of the first week of February 1637, with 98 sales recorded on February 5 at wildly varying prices before the trade ground to a halt.
Sources
- 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.