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| 正面铭文 | 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 50 - Femti 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 50 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.) |
| 背面描述 | The reverse is printed in black on plain white paper with no underprint or vignette. The denomination '50øre' is rendered in a single large bold Gothic-style typeface that occupies virtually the entire note face, the numeral and lettering executed in a fine crosshatch intaglio-like print with hollow interiors to the letterforms. |
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Store Norske Spitsbergen Kulkompani operated its own closed monetary system on Svalbard, where Norwegian sovereignty — confirmed by the 1920 Svalbard Treaty — coexisted uneasily with a largely self-sufficient mining economy. These company tokens, issued in paper rather than metal, functioned as scrip redeemable only within the company store at Longyearbyen. Workers had little practical alternative: the nearest conventional bank was on the Norwegian mainland, hundreds of miles away.
The wartime span of this issue matters. German forces occupied Svalbard briefly in 1941, and the entire civilian population was evacuated by the British. Whatever scrip remained in circulation at that point was effectively stranded — which accounts for why intact examples from this series surface so rarely.