It’s Friday and time to flashback and regale with some fun facts from centuries past. This weeks topic is Tulip Mania. Yes, there is an actual historical occurrence formally known as “Tulip Mania”. In 17th century Europe, the flower with the power was the Tulip. In 1637, a single tulip bulb was heralded as the most expensive object in the world.
It all started with a gift of tulip seeds and bulbs, from the Sultan of Turkey to the Roman Emperor in 1554. Tulips quickly grew in popularity all over Europe. They were unlike any flower seen before in the west, with their saturated hues of reds, pinks, purples, oranges and yellows. They became so highly revered that future markets (similar to track were sold and traded for single bulbs worth a middle class patron’s annual salary. The economic tulip bubble grew so big in The Netherlands from the demand for the favored flower by 1637, and the bubble finally burst causing the future markets to come tumbling down to where they first started. It was truly, tulip mania.