25 Roubles Harp seal

Arktikugol — the Soviet-era coal mining trust still operating on Svalbard under Norwegian sovereignty — has issued spitsbergen tokens since the 1930s as a practical substitute for Norwegian krone within its isolated mining settlements at Barentsburg and Pyramiden. These copper-nickel pieces circulate exclusively within those communities under a long-standing arrangement that Norway tolerates under the 1920 Spitsbergen Treaty, which grants Russian nationals the right to conduct commercial activities on the archipelago. Pyramiden itself was abandoned in 1998, leaving Barentsburg as the sole active settlement where these tokens still see any use.