Guess What Bulb Was More Valuable than Gold in the Netherlands for Decades?

Believe it or not, tulip bulbs were more valuable than gold in the Netherlands during the 17th century.

Tulips are the national symbol of the Netherlands for a reason. Tulips were once so rare (because their bulbs could only grow in a certain climate) and their supply was incredibly limited, that the demand for their bulbs was so great that their worth became more valuable than gold.

First, popular tulip bulbs were traded using secured bonds, which created a “tulip craze” from speculation. As a result, prices exploded and each bulb could fetch 10,000 euros. At that time 10,000 euros bought a mansion next to the canal. Later on, the tulip craze simply evolved into what became a worldwide tulip trade.

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