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25 Øre Great Norwegian Spitsbergen Coal Company

Issuer Store Norske Spitsbergen Kulkompani Aktieselskap
Year 1938-1942
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Value 25 Øre
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Obverse lettering Betalingsmerke utstedt av Store Norske Spitsbergen Kulkompani Aktieselskap Mot dette betalingsmerke, som er utstedt for tilgodehavende lønn, utleverer Store Norske Spitsbergen Kulkompani, til ihendehaveren varer for et beløp av 25 - Femogtyve øre Ubenyttede betalingsmerker blir ved ihendehaverens avreise fra Spitsbergen i sesongen 1941/42 å tilbakelevere til kontoret mot beløpets godskrivning i opgjøret. Merket er ugyldig utenfor Spitsbergen og efter sesongens avslutning. Styrets formann. Kontorsjef, Spitsbergen.
(Translation: Payment note issued by The Great Norwegian Spitsbergen Coal Company Against this payment note, which is issued for outstanding wages, The Great Norwegian Spitsbergen Coal Company delivers to the bearer goods for an amount of 25 øre Unused notes when the beares departs from Spitsbergen during the season 1941/42 is returned to the office against credit of the amount in the settlement. The note is invalid outside Spitsbergen and after the end of the season. Chairman of the board. Office manager, Spitsbergen.)
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Reverse lettering 25øre
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Comments

Store Norske Spitsbergen Kulkompani was a coal-mining operation on Svalbard, not a bank — yet it issued its own scrip currency for use within its mining settlements at Longyearbyen, where no conventional banking infrastructure existed. This was company town money in the strictest sense: the notes were only redeemable at the company store and had no value outside the archipelago.

The SN9r designation indicates a remainder — unissued stock that survived without being put into circulation, likely because the German occupation of Svalbard in 1941 disrupted normal operations and eventually forced the evacuation of Norwegian civilian personnel entirely.

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