Tulip mania (Dutch: tulpenmanie) was a period in the Dutch Golden Age during which contract prices for some bulbs of the recently introduced and fashionable tulip reached extraordinarily high levels and then dramatically collapsed in February 1637. It is generally considered the first recorded speculative bubble (or asset bubble) in history. In many ways, the tulip mania was more of a hitherto unknown socio-economic phenomenon than a significant economic crisis. Historically, it had no critical influence on the prosperity of the Dutch Republic, the world's leading economic and financial power in the 17th century. Also, from about 1600 to 1720, the Dutch had the highest per capita income in the world. The term "tulip mania" is now often used metaphorically to refer to any large economic bubble when asset prices deviate from intrinsic values.
About us
Automotive
- Sourcing, restoration and component sales with a focus on 1970s Jaguar and Daimler automobiles - Semper collection of cars includes pre-production XJ-C's and an experimental 1975 XJ-S
Commodity Trading
- Sustainable end markets for e-scrap / WEEE plastics bales, shred, regrind along with solutions for CRT glass
Environmental
- Supply and design of bespoke recycling equipment solutions including machine learning and artificial intelligence with our automatic robotic flat panel display recycling equipment
Real Estate
- Development of land in Liepaja Latvia for 20 holiday homes, parking for camper vans and sites for camping with direct access to the beach, 5 kms from Liepaja centre and 25 minutes drive from the border with Lithuania
Contact Information
Automotive
UK +44 7811 667744
USA and Canada +1 323 580 6272
Commodity Trading and Environmental
UK +44 7811 667744
Hong Kong +852 514 90538
The Netherlands +31 629 710846
USA and Canada +1 323 580 6272
Real Estate
Latvia +371 262 39233
All Areas
Email hello@1637.eu
Mailing Addresses
Semper Augustus, Karla Ulmana Gatve 3, Riga, LV-1004 Latvia
Semper Augustus UK, 30 Market Street, Huddersfield, West Yorkshire, HD1 2HG United Kingdom
Semper Augustus Automotive, Washpit Mills, Green Lane, Holmfirth, West Yorkshire, HD9 2RD United Kingdom