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10 Roubles Sinking of Kursk; "КУРСК"
| Issuer | Arktikugol Trust (Spitsbergen) |
|---|---|
| Year | 2001 |
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| Orientation | Medal alignment ↑↑ |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Cyrillic |
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| Reverse description | The central field depicts a dramatic scene of the raising of the nuclear submarine Kursk, showing the stricken submarine being lifted from the seabed by a salvage barge on the surface above, rendered in high relief against a stylized sea. The curved legend '• ПОДЪЁМ ПОДЛОДКИ "КУРСК" •' arcs along the upper periphery. In the exergue, separated by a raised line, the inscription 'БАРЕНЦЕВО МОРЕ' appears above '10 ОКТЯБРЯ', recording the location and date of the salvage operation in the Barents Sea. |
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| Additional information |
Arktikugol Trust, the Soviet-era coal mining conglomerate that maintained a nominal Russian presence on the Norwegian archipelago of Svalbard, issued commemorative currency for internal use at its settlements of Barentsburg and Pyramiden — a legal peculiarity permitted under the 1920 Svalbard Treaty, which barred Norway from imposing its currency on commercial operations there. This piece was struck in 2001 following the loss of the submarine Kursk in August 2000, when all 118 crew perished after an onboard torpedo explosion during a naval exercise in the Barents Sea.
The Russian government's delayed rescue response and initial refusal of foreign assistance became one of the defining public scandals of Putin's first year in office.