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10 Öre Spitsbergen Swedish Coalfield LC
| Issuer | Aktiebolaget Spetsbergens Svenska Kolfält |
|---|---|
| Year | 1920-1924 |
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| Composition | Paper |
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| Obverse lettering | ANVISNING Å INNESTÅENDE LÖN. Aktiebolaget Spetsbergens Svenska Kolfält utlämnar mot denna anvisning, vid Sveagruvan å Spetsbergen under nedan angivna säsong, varor för ett belopp av ÖRE 10 ÖRE (TIO) Oinlösta anvisningar skola vid innehavarens avresa från Spetsbergen, och senast vid säsongens slut, avlämnas å gruvkontoret, varvid beloppet gottgöres i slutlikvid. Anvisningen är ogiltig utanför Spetsbergen och efter säsongens slut. (Translation: Payment note for outstanding wages. Swedish Coal Field of Spitsbergen S.A. gives the bearer against this payment by the Svea Mine in Spitsbergen goods for an amount of 10 öre. Unused notes should, when the bearer departs from Spitsbergen, and by the end of the season, be returned to the mine office, against credit of the amount in the settlement. The note is invalid outside Spitsbergen and after the end of the season.) |
| Reverse description | Unprinted plain paper reverse, showing bleed-through of the obverse letterpress impression and guilloche underprint. |
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Aktiebolaget Spetsbergens Svenska Kolfält was a Swedish mining company operating on Svalbard under the terms of pre-treaty ambiguity — the Svalbard Treaty of 1920 opened the archipelago to commercial exploitation by signatory nations, and the company issued its own scrip to pay workers in the absence of any practical banking infrastructure on the island. These öre denominations were purely internal currency, valid only at the company store and settlement at Svea.
Arctic mining scrip of this period rarely survived in quantity. Workers had little reason to preserve it after departure, and the company's operations were intermittent at best.