Champion Of The All-Union Socialist Competition Of 1973.

[DougD]

These civilian award banners are pretty common, but attractive and usually well made. The heavy velvet style, like the one you posted, from the 1970's are great for display even if they will never be worth much money. Yours, from 1973, is a great example. Not all are dated, some simply have generalized awarding slogans on them; those with specific awarding dates / information are rarer.

I think the price you paid is fair, enjoy the banner.