Size: 300 pieces
Dimensions: 45.72cm x 35.56cm
Author: M.Thonig / H.Armstrong Roberts
Producer: Golden Guild
Notes: Tulip mania or tulipomania was a period in the Dutch Golden Age during which contract prices for bulbs of the recently introduced tulip reached extraordinarily high levels and then suddenly collapsed.
At the peak of tulip mania, in February 1637, some single tulip bulbs sold for more than 10 times the annual income of a skilled craftsman. The event was popularized in 1841 by the book Extraordinary Popular Delusions and the Madness of Crowds, written by British journalist Charles Mackay. According to Mackay, at one point 12 acres of land were offered for a Semper Augustus bulb. Mackay claims that many such investors were ruined by the fall in prices, and Dutch commerce suffered a severe shock. Although Mackay’s book is a classic that is widely reprinted today, his account is sometimes contested. Some modern scholars feel that the mania was not quite as extraordinary as Mackay described. [Wiki]