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1000 Kroner Great Norwegian Spitsbergen Coal Company
| Issuer | Store Norske Spitsbergen Kulkompani Aktieselskap |
|---|---|
| Year | 1968 |
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| Composition | Paper |
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| Obverse lettering | Betalingsmerke for tilgodehavende lønn, utstedt av Store Norske Spitsbergen Kulkompani Aktieselskap 1000 = tusen kroner Merket er ugyldig utenfor Spitsbergen. Ubenyttede betalingsmerker blir ved ihendehaverens avreise fra Spitsbergen å tilbakelevere til kontoret mot beløpets godskrivning i lønnsoppgjør. Selskapets innløsningsplikt bortfaller etter nærmere kunngjøring på Spitsbergen. Styrets formann. Kontorsjef, Spitsbergen. (Translation: Payment note issued by The Great Norwegian Spitsbergen Coal Company for due wages 1000 kroner The note is invalid outside Spitsbergen. Unused payment notes must be returned upon the holder`s departure from Spitsbergen to the office against the amount being credited on the payroll. The company`s obligation ceases after further announcement on Spitsbergen. Chairman of the board. Office manager, Spitsbergen.) |
| Reverse description | Plain white paper reverse, bearing only the large bold numeral denomination in black letterpress at centre. |
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| Comments |
Store Norske Spitsbergen Kulkompani — commonly abbreviated SNSK — operated a company scrip system on Svalbard because ordinary Norwegian krone notes were impractical in a remote Arctic mining settlement nearly entirely owned and administered by the company itself. Workers at Longyearbyen spent, saved, and were paid in this internal currency, which was only redeemable within the company's own stores and facilities. It never had legal tender status under Norwegian law.
The 1968 series replaced an earlier postwar issue and remained in use until Norway phased out the scrip system entirely in the 1970s as the archipelago's infrastructure normalized. The 1000 kroner denomination was the highest in the series — large enough that most would have passed through administrative hands rather than everyday miner transactions.
The "r" suffix on the SN64r reference indicates a reverse-only or reissue variant, distinguishing it from the primary SN64 type.