10 Öre Spitsbergen Swedish Coalfield LC

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.