Catalog
See full images - free registration
Continue with Google - no registration!
or register with email
Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!
50 Kroner Kings Bay Coal Company
| Issuer | Kings Bay Kull Comp. A/S |
|---|---|
| Year | 1947-1964 |
| Type | Standard circulation banknote |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Printed entirely on a salmon-red ground, the note is of a purely typographic design without vignettes or ornamental underprint. The issuer's name KINGS BAY KULL COMP. A/S appears in large bold letterpress type at centre-top, below the heading Betalingsmerke utstedt av. The denomination 50 - Femti kroner is set in large bold type at centre, flanked above and below by the conditions of use in smaller text; series letter C and a numbered box appear in the upper corners, and two manuscript signatures with their respective titles occupy the lower portion. |
|---|---|
| Obverse lettering | Betalingsmerke utstedt av KINGS BAY KULL COMP. A/S Mot dette betalingsmerke, som er utstedt for tilgodehavende lønn, utleverer Kings Bay Kull Comp. A/S, til ihendehaveren varer for et beløp av 50 - Femti kroner Ubenyttede betalingsmerker blir ved ihendehaverens avreise fra Spitsbergen i sesongen 1949/50 å tilbakelevere til kontoret mot beløpets godskrivning i oppgjøret. Merket er ugyldig utenfor Spitsbergen og etter sesongens avslutning. Styrets formann. Kontorsjef, Spitsbergen |
| Reverse description | Log in to see details |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
Kings Bay Kull Comp. A/S operated the Norwegian coal mining settlement at Ny-Ålesund on Svalbard, and issued its own scrip currency for use exclusively within that isolated community. These notes functioned as truck system tokens — workers were paid in company currency redeemable only at the company store, a practice already illegal on the Norwegian mainland by the time this series circulated.
The KB7r reference denotes a replacement note, which is notably scarce given the small population this scrip ever served. The entire Ny-Ålesund mining operation was shut down permanently following a fatal mine explosion in November 1962, which killed 21 men and ended coal extraction there for good.