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1 Rouble Arktikugol

Issuer Arktikugol Trust
Year 1961
Type Vouchers
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Obverse description Orange-brown text and denomination at left and right; light brown rosette guilloche over yellow square underprint at centre.
Obverse lettering СССР МИНИСТЕРСТВО МОРСКОГО ФЛОТА ГОСУДАРСТВЕННЫЙ ТРЕСТ ,,АРКТИКУГОЛЬ" ТАЛОН No НА ПРАВО ПОЛУЧЕНИЯ ТОВАРОВ В МАГАЗИНАХ РУДНИКОВ ТРЕСТА ,,АРКТИКУГОЛЬ" НА ОСТРОВЕ ШПИЦБЕРГЕН НА СУММУ ОДИН РУБЛЬ НИКАКИЕ ЗАЯВЛЕНИЯ ОБ УТЕРЕ НЕ ПРИНИМАЮТСЯ 1
(Translation: USSR Ministry of the Marine Fleet State Trust "Arktikugol" - Coupon for the right to receive goods in the stores of the mines of the Trust "Arktikugol" on the island of Spitsbergen for the sum of One Rouble. No statements of loss will be accepted.)
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Comments

Arktikugol — the Soviet coal-mining trust operating on Svalbard — issued its own scrip currency for use at its Arctic settlements, principally Barentsburg. Norwegian sovereignty over Svalbard under the 1920 Spitsbergen Treaty complicated ordinary Soviet commercial activity there; the trust's internal currency sidestepped the need to conduct retail transactions in Norwegian kroner while keeping wages and purchases contained within the company system.

The 1961 series replaced earlier Arktikugol issues and remained in use for decades, outlasting the USSR itself. These notes are sometimes found with handling wear consistent with genuine Arctic-settlement circulation — not pristine office stock.

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