The London Tea Auction
The London Tea Auction was a grand tradition that lasted 300 years. From the very first event in 1679, until the last sale on 29 June 1998, the London Tea Auction was a regular event that made London the centre of the international tea trade. The first auctions were held by the East India Company, which at the time held the monopoly for the import of tea (and other goods) from China and India. They were held at the headquarters of the Company on Leadenhall Street. The building was decorated with reliefs of ships, sailors, fish and a large coat of arms, and swiftly became known as East India House.
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