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1 Koruna Československá
| Issuer | Tuzex, Podnik Zahraničního Obchodu, Prague |
|---|---|
| Year | 1960 |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Plain light-coloured paper enclosed within a fine guilloche border frame. The upper register carries printed fields for date (Datum:) at left and a serial number in red at right, below which the bold heading ODBĚRNÍ POUKAZ (purchase voucher) is set in large letterpress type with the denomination KčS 1,— (jedna Kčs) stated beneath. Conditions of validity in Czech text occupy the centre, with the issuer's name TUZEX, podnik zahraničního obchodu, PRAHA printed in the lower centre. |
|---|---|
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| Reverse description | The reverse is otherwise blank white paper, its centre occupied by a large guilloche rosette vignette of intricate lace-like geometric design printed in olive-gold, serving as the primary anti-counterfeiting element. The thinness of the paper stock allows the obverse letterpress text to show through faintly as a mirror image. |
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| Comments |
Tuzex was Czechoslovakia's state-run hard currency retail network — a chain of shops where goods unavailable through normal socialist distribution could be purchased, but only with Tuzex bony, the scrip certificates issued in exchange for foreign currency surrendered to the state. These were not banknotes in any central bank sense; they were internal accounting instruments for a parallel economy designed to capture remittances from Czechs abroad and soak up foreign exchange from diplomats and tourists.
The 1960 series replaced an earlier postwar issue as the Tuzex network expanded. Possession of these certificates by ordinary citizens without a sanctioned source of foreign currency was technically illegal, which gave the bony a shadow-market premium and made them actively traded on the black market throughout the normalization period.