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Tulip Mania, 1634-1637

1637 Tulipmania

These days no one trades tulips on the stockmarket. But when the tulip was first introduced to Europe in the early 17th century, speculation by Dutch commodities traders led to wildly inflated prices for this most beautiful of spring flowers. In fact, at the peak of the mania, some historians claim that a single tulip bulb could have sold for 10 times the annual salary of a skilled craftsman. The...