Tulips were introduced to Holland in 1593 from Turkey. These flowers became very popular, so much so that "tulipmania" occurred. In the mid-1600s, tulip bulbs were so coveted that the Dutch invested in them. There was a tulip market, and bulbs would be auctioned, and people paid for the bulbs. But then speculation of how much money one could make from the bulbs came in and the bidding soared. At the height of the bubble market, tulips sold for 10,000 guilders, which was equivalent to the value of a mansion in Amsterdam. The bubble occurred around 1634 to 1637, but then the bubble burst.
