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10 Øre Great Norwegian Spitsbergen Coal Company
| Issuer | Store Norske Spitsbergen Kulkompani Aktieselskap |
|---|---|
| Year | 1926-1934 |
| Type | Log in to see details |
| Value | 10 Øre |
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| Engraver(s) | Log in to see details |
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| 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 løn, utleverer Store Norske Spitsbergen Kulkompani, til ihændehaveren varer for et -beløp av 10 - Ti øre Ubenyttede betalingsmerker blir ved ihændehaverens avreise fra Spitsbergen i sæsonen 1930/31 at tilbakelevere til kontoret mot beløpets godskrivning i opgjøret. Merket er ugyldig utenfor Spitsbergen og efter sæsonens avslutning. Styrets formand. Kontordjef, 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 øre Unused notes when the beares departs from Spitsbergen during the season 1930/31 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 | Plain cream ground with the denomination '10øre' printed in large, bold serif letters with an engraved cross-hatched fill, occupying virtually the entire face of the note in a stark, unadorned typographic composition. |
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| Comments |
Store Norske Spitsbergen Kulkompani — commonly abbreviated SNSK — operated the coal mining settlement at Longyearbyen under a company-town model so complete that the firm issued its own scrip for internal transactions. Norwegian state currency had no practical circulation on Svalbard at the time; workers were paid partly in this token money, redeemable only at the company store. The arrangement kept wages on the archipelago and discouraged desertion mid-contract.
The SN5r designation flags a documented rarity variant within the series — likely a reprint or paper stock change, though surviving documentation on the exact production differences is thin. SNSK scrip in any form is genuinely uncommon; the isolated Arctic setting meant most notes were worn to destruction or simply discarded when the company settled accounts.