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!
500 Kroner Great Norwegian Spitsbergen Coal Company
| Issuer | Store Norske Spitsbergen Kulkompani Aktieselskap |
|---|---|
| Year | 1968 |
| Type | Local 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 | Typeset wage payment note printed on pale green paper, framed by a black ornamental floral-and-snowflake border. The issuer's name in bold Gothic blackletter script occupies the upper centre, with the denomination '500 = femhundre kroner' in large bold type at mid-field. Series and serial number tablets appear at upper left and right respectively, with two manuscript signatures and printed titles at the foot. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | 500 KR. |
| 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 |
Store Norske Spitsbergen Kulkompani — colloquially "Store Norske" — operated the Norwegian coal mining settlements on Svalbard, and for decades the company issued its own scrip currency for use exclusively within those settlements. Longyearbyen and Svea were company towns in the strictest sense: workers lived in company housing, shopped in company stores, and were paid partly in currency that had no value anywhere else on earth. The Norwegian state acquired majority ownership of Store Norske in 1945, making this effectively a government-controlled scrip system operating under a private corporate name.
The SN60r suffix indicates a remainder — unissued stock, never formally put into circulation. Remainders from this series surface more often than circulated examples, which were typically redeemed and destroyed when workers left the archipelago.