 The Drăgaica fair was initially a wool trading fair held in the mountain side of the Buzău River valley, every year, after the sheep shearing.Eventually, the fair moved to Buzău, as shown by a document dated 26 August 1778 issued by Alexandru Ipsilanti by which full jurisdiction on the organization and the tax collection rights for the fair were granted to the Buzău bishopric.Mihai Şuţu reinforced the bishopric's privileges on the collection of taxes from the fair in a 1792 letter