1 Krone Great Norwegian Spitsbergen Coal Company

Store Norske Spitsbergen Kulkompani ran the mining settlement at Longyearbyen as a near-total company town, and this token note functioned as the internal currency for workers who had limited means — and limited reason — to spend money anywhere else on the archipelago. Svalbard's peculiar legal status under the 1920 Paris Treaty made it Norwegian territory but left it outside the customs area, which created a monetary grey zone that company scrip filled without any central bank involvement.

The 1938–1942 date range spans the German occupation of Norway proper, though Svalbard itself was evacuated in 1941 and the mining population temporarily removed. Whether notes from the later part of that range saw meaningful circulation before evacuation is genuinely uncertain.