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1 Krone The Norwegian Spitsbergen Syndicate
| Issuer | Det norske Spitsbergensyndikat (The Norwegian Spitsbergen Syndicate) |
|---|---|
| Year | 1916-1917 |
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| Value | Log in to see details |
| Currency | Krone (1875-date) |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Betalingsmerke utstedt av Det norske Spitsbergensyndikat Mot dette betalingsmerke, som er utstedt for tilgodehavende løn, utleverer Det norske Spitsbergensyndikat til ihændehaveren varer for et beløp av 1 - En krone Ved ihændehaverens avreise fra Spitsbergen i sæsonen 1916/17 tilbakeleveres betalings- merket til kontoret mot beløpets godskrivning i opgjøret. Merket er ugyldig utenfor Spitsbergen og efter sæsonens avslutning. Arbeidskomiteens formand. Kontorchef, Spitsbergen. (Translation: Payment note issued by The Norwegian Spitsbergen Syndicate Against this payment note, which is issued for outstanding wages, The Norwegian Spitsbergen Syndicate delivers to the bearer goods for an amount of 1 krone When the bearer departs from Spitsbergen in the season 1916/17 return the note to the office against credit of the amount in the settlement. The note is invalid outside Spitsbergen and after the end of the season. The working committee's chairman. Office manager, Spitsbergen.) |
| Reverse description | Log in to see details |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Watermark |
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| Comments |
Det norske Spitsbergensyndikat issued these notes for use at its Svalbard mining operations, where the remote location made conventional currency impractical — company scrip became the de facto medium of exchange for workers who had nowhere else to spend it. The syndicate held coal mining interests on the archipelago before Norwegian sovereignty was formally confirmed under the 1920 Svalbard Treaty, meaning these notes circulated in a territory with genuinely ambiguous international status.
Emil Moestue in Oslo printed the series, a firm better known for commercial and government print work than for currency production. The watermark is the sole security feature — modest for scrip of this type, but sufficient given the captive and isolated user base.