February 3, 1637: Tulip Mania ends. When the tulip was introduced to Europe in the 17th century, the Dutch went mad for them. Speculation in tulip futures reached an all-time high in the winter of 1636-1637, when a single tulip bulb might be worth as much as a house. And then one day -- February 3, 1637 to be exact -- they held an auction and nobody came. The Tulip Bubble had burst.