Stockholms Auktionsverk itself was sold at auction
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December 17, 1733
On December 17, 1733, Stockholms Auktionsverk itself was sold at auction. The highest bid was placed by Prime Minister Lukas Lutkens, with an annual rent of 4,502 silver dalers. The agreement between the state and the city of Stockholm included a provision prohibiting others from holding auctions in Stockholm; all private auctions had to be reported to the city’s auction chamber, which could issue permits and ensure their personnel were present to conduct the auction. Those who violated this were fined 100 silver dalers – half of which went to the informant as a reward and the other half to the city’s poor. A customary commission was also paid to the auction chamber. This auction monopoly was only abolished in 1972, and until then, all auctions within the city limits were conducted by Stockholms Auktionsverk.
Source: Stockholms Auktionsverk celebrates its 350th anniversary – Stockholms Auktionsverk (auktionsverket.com)
