Prestizh and the Black Market

From Wikipedia, the free encyclopedia
(Redirected from Prestizh) • Also referenced as: Prestizh, Hard Currency, Black Market
Prestizh and the Black Market
Moravska State Archive · 1976
ClassificationSociety and Power
Statuscanon
Last updated2026-11-03
Archive source05 Society and Power/Prestizh and the Black Market.md
Length856 words (4 min read)
Who may enterA foreign guest, a fleet officer, a person with a state voucher
What is soldCoffee, spirits, cigarettes, denim, electronics, perfume, records
PaymentUS dollars, West German marks, or a Prestizh voucher
Price level2 to 4 times a Western shop
StockIrregular. A delivery day is a local event
Internal links4 outgoing, 14 incoming
Sources4 cited

Moravska bans foreign currency. A person who holds a US dollar note breaks the law. The state also runs shops that sell only for foreign currency.

The contradiction has a name. The shops are called Prestizh.

The shops [edit]

The Prestizh chain has 14 shops in 1976. Six are in Zaligrad, three in Skalina, two in Medenik, and one in each resort.

RuleDetail
Who may enterA foreign guest, a fleet officer, a person with a state voucher
What is soldCoffee, spirits, cigarettes, denim, electronics, perfume, records
PaymentUS dollars, West German marks, or a Prestizh voucher
Price level2 to 4 times a Western shop
StockIrregular. A delivery day is a local event

A citizen with no foreign note can buy a voucher from the state bank at 2.10 leva per dollar. The voucher is legal. The dollar is not.

What people want [edit]

GoodPrice (voucher dollars)Why
Denim trousers14Durable, a status mark
Coffee, 500 g6A gift for a doctor or an official
Cigarettes, 2003A bribe unit
Cassette player96Music, and a family treasure
Perfume18A wedding gift
Whisky11A funeral and a promotion
Chewing gum1A child's currency

The currency decree [edit]

The currency decree of 1962 sets the penalty for illegal currency.

ActPenalty
Holding a foreign noteFine of 200 to 1,000 leva
Buying a foreign note1 to 3 years
Selling a foreign note3 to 8 years
Smuggling a good worth 5,000 leva5 to 12 years

The decree is enforced at the port gate and at the resort. A search of a flat needs a warrant from the prosecutor.

The exchange rate [edit]

RateLeva per US dollar
Official state rate1.30
Voucher rate2.10
Street rate (1976)5.40
Resort rate for a Western guest1.30, plus a 20 dollar a day rule

The street rate is the true rate. A worker with 10 street dollars holds a month of wages.

The second economy [edit]

The second economy has five trades.

  1. The repair trade. A plumber, an electrician, or a mechanic works after the shift. The customer pays cash or a good.
  2. The plot trade. A farm household sells vegetables and wine at the town market.
  3. The route trade. A fleet officer brings a cabin load. A Kray inspector lets it pass.
  4. The fixer trade. A person with contacts moves a good through a ministry. The trade name is vrazka ("a connection").
  5. The currency trade. A changer works at the fish market and takes 8 percent.

Who trades [edit]

GroupTradeRisk
Fleet officerCabin goodsLoss of the travel pass
Kray inspectorIgnoring a cabinTransfer, or arrest
Shop managerHiding stock3 to 5 years
Plant managerSelling scrap2 to 4 years
PlumberAfter-shift workA fine, rarely enforced
Farm householdPlot surplusLegal on the market
ChangerCurrency3 to 8 years

The second economy runs on the gift rule. A good moves as a gift, and a return gift comes later. No paper exists. See Hospitality and Gift Rules.

The party calls the network "the small circle". The party cannot break it, because the party is inside it.

A shop in 1976 [edit]

A Prestizh shop in Zaligrad has three counters and one back room. The back room holds the good stock for a known customer.

The manager keeps two books.

  • The state book. Stock in, stock out, the voucher total.
  • The private book. What left the back door and who owes what.

A manager who loses the private book is in danger. A manager who keeps one book is in more danger.

Weak points [edit]

  • The street rate follows a rumour. A single arrest moves the rate by 15 percent.
  • A resort guest brings a demand that the stock cannot meet.
  • A young officer wants a share that the old officer will not give.
  • The Kray and the ministry do not share a price.

Other notes [edit]

Sources[edit]

References[edit]

Documents in the archive that cite or cross-reference Prestizh and the Black Market:

  1. ^ "Boyan Yanev". People, Narodna Biblioteka Moravska, 1976.
  2. ^ "Dissent and Control". Friction and Subcultures, Narodna Biblioteka Moravska, 1976.
  3. ^ "Economy 1976". Society and Power, Narodna Biblioteka Moravska, 1976.
  4. ^ "Generational Tension". Friction and Subcultures, Narodna Biblioteka Moravska, 1976.
  5. ^ "Hospitality and Gift Rules". Culture, Narodna Biblioteka Moravska, 1976.
  6. ^ "Lexicon". Language, Narodna Biblioteka Moravska, 1976.
  7. ^ "Merchant Marine Caste". Society and Power, Narodna Biblioteka Moravska, 1976.
  8. ^ "Moravska". Foundations, Narodna Biblioteka Moravska, 1976.
  9. ^ "Music". Arts and Leisure, Narodna Biblioteka Moravska, 1976.
  10. ^ "Natural Resources". Foundations, Narodna Biblioteka Moravska, 1976.
  11. ^ "Political System". Society and Power, Narodna Biblioteka Moravska, 1976.
  12. ^ "Social Structure". Culture, Narodna Biblioteka Moravska, 1976.
  13. ^ "Sport and Doping Control". Society and Power, Narodna Biblioteka Moravska, 1976.
  14. ^ "Trade and Comecon". Society and Power, Narodna Biblioteka Moravska, 1976.