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100 Roubles Arktikugol

Issuer Arktikugol Trust
Year 1979
Type Vouchers
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Obverse lettering СССР МИНИСТЕРСТВО УГОЛЬНОЙ ПРОМЬІШЛЕННОСТИ ГОСУДАРСТВЕННЬІЙ ТРЕСТ ,,АРКТИКУГОЛЬ` ТАЛОН No СТО РУБЛЕЙ ДЛЯ ВНУТРЕННИХ РАСЧЕТОВ НА ПРЕДПРИЯТИЯХ ,,АРКТИКУГЛЯ` 100
(Translation: USSR Ministry of Coal Industry State trust, `Arktikugol` Coupon No. One hundred Roubles for internal settlements at enterprises of `Arktikugol`.)
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Reverse lettering ПРИ УТЕРЕ НЕ ВОЗОБНОВЛЯЕТСЯ НЕИСПОЛЬЗОВАННЬІЕ ТАЛОНЬІ ПОДЛЕЖАТ ВОЗВРАТУ В КАССУ ПРЕДПРИЯТИЯ
(Translation: In event of loss of the coupon, it shall not be replaced. Unused coupons must return to the enterprise`s cash office.)
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Arktikugol — the Soviet state coal trust operating the Svalbard mining settlements of Barentsburg and Pyramiden — issued its own scrip currency for use exclusively within those communities. Norwegian sovereignty over Svalbard under the 1920 Spitsbergen Treaty complicated any Soviet attempt to introduce roubles as a transactional currency on Norwegian soil, so the trust printed its own notes instead. The arrangement suited both sides and ran for decades.

The 1979 series introduced a watermark not present in earlier issues — a modest security upgrade for what was, functionally, a company town coupon redeemable only at trust-operated stores.

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