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10 Kroner Great Norwegian Spitsbergen Coal Company
| Issuer | Store Norske Spitsbergen Kulkompani Aktieselskap |
|---|---|
| Year | 1938-1942 |
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| Shape | Rectangular |
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| Obverse description | Yellow-tinted note of plain typographic design, printed in black. The heading 'Betalingsmerke' appears at the top centre, flanked by the series designation 'Serie Æ' at upper left and a boxed serial number at upper right. The issuer's name 'Store Norske Spitsbergen Kulkompani Aktieselskap' is set in large bold type below the heading, above a block of Norwegian text stating the conditions of use. The denomination '10 – Ti kroner' is printed in large bold type at centre, with a large pale underprint of '10 Kr.' visible behind the text field. Two manuscript signatures appear at the bottom, attributed to the Chairman of the Board and the Office Manager, Spitsbergen. |
|---|---|
| Obverse lettering | Betalingsmerke utstedt av Store Norske Spitsbergen Kulkompani Aktieselskap Mot dette betalingsmerke, som er utstedt for tilgodehavende lønn, utleverer Store Norske Spitsbergen Kulkompani, til ihendehaveren varer for et beløp av 10 - Ti kroner Ubenyttede betalingsmerker blir ved ihendehaverens avreise fra Spitsbergen i sesongen 1941/42 å tilbakelevere til kontoret mot beløpets godskrivning i opgjøret. Merket er ugyldig utenfor Spitsbergen og efter sesongens avslutning. Styrets formann. Kontorsjef, Spitsbergen. (Translation: Payment note issued by The Great Norwegian Spitsbergen Coal Company Against this payment note, which is issued for outstanding wages, The Great Norwegian Spitsbergen Coal Company delivers to the bearer goods for an amount of 10 kroner Unused notes when the beares departs from Spitsbergen during the season 1941/42 is returned to the office against credit of the amount in the settlement. The note is invalid outside Spitsbergen and after the end of the season. Chairman of the board. Office manager, Spitsbergen.) |
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Store Norske Spitsbergen Kulkompani was a coal mining company operating on Svalbard, and its scrip notes functioned as a closed monetary system — workers at Longyearbyen were paid in company currency redeemable only at the company store. This was not unusual for remote Arctic mining operations, but the Svalbard scrip series is among the better-documented examples of private industrial currency in Scandinavian numismatics.
The SN41r designation indicates a known remainder — unissued stock that survived, which is why remainders appear more frequently than genuinely circulated examples. A note that actually passed through the mining camp canteen is the harder find.