I have been researching this suppossed bubble in economic history from hearing the claims of how devastating it was to the Dutch economy. From People losing their homes to a Dutch sailor accidentally consuming a bulb mistaking it for a vegetable and being imprisoned.
From what I have found, there was a surge in the prices for tulips, especially the "broken bulbs". However, I am seeing that it's impact was mostly blown out of proportion by the church to have to the moral lesson that pursuing wealth is a sin.
The best source I could find was Tulipmania by Peter Garber, but it is a dense read. I was hoping if anyone has studied this themselves and could clear up exactly what all happened during this period, specifically from 1637-1638.
I understand that the value of gold leading up to this had been fluctuating as well. Is there any reference to a direct cost of the average tulip during this period in comparison to our current currency? Was it only a few tulips that actually garnered the high price tag?
This thread from /u/mikedash might be of interest, as would his longer treatment in Tulipomania: The Story of the World's Most Coveted Flower and the Extraordinary Passions it Aroused.