Renaissance · Europe · Politics

1636

Dutch Tulip Mania Peaks

1636

In the Netherlands, speculation in rare tulip bulbs reached surreal heights: a single Semper Augustus bulb changed hands for the price of an Amsterdam canal house. Taverns became trading floors; servants gambled in futures. By February 1637 the market collapsed overnight, ruining small speculators and seeding the first modern financial bubble story.

In context
Also in 1636 (4 other events on record)
Era

Renaissance (1501–1650), one of 715 events from that era on Saeculum.