Submitted by Darren Smith, Weekend Contributor
An auction for the largest known White Truffle, considered a high delicacy in culinary circles fetched about six percent of its estimated auction price of over one million dollars. This is based upon speculation with previous pre-auction inquiries from Asia and experience from previous auctions of record breaking examples.
The situation is perhaps a small echo from the Tulip Mania market speculative bubble that caused the crash of a segment of the tulip bulb industry in 1637 in the United Provinces (now The Netherlands).
















