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5 Kroner Great Norwegian Spitsbergen Coal Company
| Issuer | Store Norske Spitsbergen Kulkompani Aktieselskap |
|---|---|
| Year | 1917-1918 |
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| Value | 5 Kroner |
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| Composition | Log in to see details |
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| Obverse description | Cream paper with a fine green guilloche underprint. The issuer's name in ornate blackletter script dominates the centre, flanked by decorative scrollwork. The denomination '5 — Fem kroner' is set within a scrolled panel at mid-field, with series and number panels at upper left and right; two manuscript signatures appear at the foot. |
|---|---|
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| Reverse description | Reverse is blank, printed on plain cream paper with no vignette, lettering, or underprint. |
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| Comments |
Store Norske Spitsbergen Kulkompani — commonly known as Store Norske — was founded in 1916 after Norwegian interests bought out an American coal mining operation on Svalbard. These company scrip notes were issued for internal use at Longyearbyen, where no conventional banking infrastructure existed and the nearest Norwegian port was hundreds of miles away across open Arctic water. Workers were paid partly in this scrip, redeemable only at the company store.
The SN27r designation indicates a remainder — unissued stock — which survives in greater numbers than genuinely circulated examples. Circulated pieces show heavy wear consistent with the rough conditions of a coal camp.