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Prices ranged from $17,000 to $76,000 (in current currency value)

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14y ago

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How much did tulips use to cost?

During the 17th century, particularly in the Dutch Golden Age, tulip prices skyrocketed, leading to what is known as "Tulip Mania." At the peak of this speculative frenzy in 1637, some rare tulip bulbs sold for prices equivalent to several years' wages for skilled workers, with a single bulb fetching as much as 10,000 guilders. This intense speculation eventually led to a market crash, drastically reducing tulip prices and highlighting the volatility of speculative investments.


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