By the Treaty of Frederiksborg or Copenhagen on 3 July 1720 peace was also signed between Denmark and Sweden, Denmark retroceding Rügen, Further Pomerania as far as the Peene, and Wismar to Sweden, in exchange for an indemnity of 600,000 Riksdaler, while Sweden relinquished her exemption from the Sound tolls and her protectorate over Holstein-Gottorp.
The name of Kristiine originates from the Swedish Queen Christina under whose rule in 1653 the area was divided into 46 pieces (each of them 9 ha) and sold to businessmen and city officials for 100 riksdaler.
All departures and arrivals should be out of Gothenburg, and cargo was to be auctioned promptly in Gothenburg on arrival, The Swedish state was to receive 100 riksdaler on each shipment, plus taxes: in 1712 100 riksdaler was worth 1200 marks.
According to Herman Lindqvist in Aftonbladet (8 October 2006), 523 slaves were bought free for 80 riksdaler per slave.