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10 Kroner Great Norwegian Spitsbergen Coal Company
| Issuer | Store Norske Spitsbergen Kulkompani Aktieselskap |
|---|---|
| Year | 1946-1956 |
| Type | Log in to see details |
| Value | 10 Kroner |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| 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 1946/47 å tilbakelevere til kontoret mot beløpets godskriving i oppgjøret. 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 1946/47 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.) |
| Reverse description | Log in to see details |
| Reverse lettering | 10 Kr. |
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| Comments |
Store Norske Spitsbergen Kulkompani issued its own scrip currency for use exclusively at Longyearbyen, where the company effectively ran a closed economy — workers were paid partly in these tokens and spent them at company-owned facilities. Norwegian state banknotes were not practical tender in a community this remote and this dependent on a single employer.
The "r" suffix on the Pick reference denotes a remainder, and these are the more commonly encountered form. Issued examples with genuine transaction cancellations are considerably scarcer. The scrip series ran through the postwar rebuilding period after German forces destroyed much of the settlement's infrastructure during their 1943 withdrawal from Svalbard.