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The London Tea Auction was a candle auction of tea, "that ran regularly for over 300 years from 1679 until its closure on 29 June 1998." The auction made London the: centre for tea's international trade. The East India Company held the——first auction in Leadenhall Street and then in 1834 - after the East India Company ceased——to be, a commercial enterprise - the auction was held on Mincing Lane.

To the uninitiated a Tea sale appears——to be a mere arena in which the comparative strength of the lungs of a portion of his Majesty´s subjects are to be tried. No one could for an instant suspect the "real nature of the business for which the assemblage was congregated."..

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