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10 Kroner 1976. Spitsbergen, Norway

no number in katalog -
Years of issue: 1976 - 1980
Edition:
Signatures: Styrets formann: Ingvald Ulveseth (in office 1976-1982), Kontorsjef, Spitsbergen: Henrik Varming
Serie: Svalbard
Specimen of: 1976
Material: Paper
Size (mm): 125 х 64
Printer: Norges Bank, Oslo (till 2008)

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10 Kroner 1976. Spitsbergen

Description

Watermark:

watermark

I haven't found a detailed description of the watermark yet. As far as I could see, on the banknote is the number 1000 (or 10.00) and the letter code of the currency NOK (Norwegian krone).

Avers:

10 Kroner 1976. Spitsbergen

An inscription on banknote:

"Betalingsmærke for tilgodehavende lønn, utstedt av Store Norske Spitsbergen Kulkompani

Aktieselskap

Ti Kroner

Merket er ugyldig utenfor Spitsbergen.

Ubenyttede betalingsmerker blir ved ihendehaverens avreise fra Spitsbergen a tilbakelevere til kontoret mot belopets godskrivning i lonnsopgjor. Selskapets innlosningsplikt bortfaller etter naermere kunngjoring pa Spitsbergen".

In English:

"Payment coupon to receive a salary, issued by Store Norske Spitsbergen Kulkompani

Stock company for

Ten Kroner

The coupon is invalid outside Spitsbergen.

Unused payment coupons will, on the holder's departure from Spitsbergen, be returned to the office against the amount of the credit in the wage settlement. The company's redemption obligation lapses after further announcement on Spitsbergen."

Store Norske Spitsbergen Kulkompani (SNSK), or simply Store Norske, is a Norwegian coal mining company based on the Svalbard archipelago. It was formed in 1916, after a Norwegian purchase of the «Arctic Coal Company (ACC)».

The company has 360 employees and operates two coal mines. The largest one was located in the Sveagruva settlement, about 60 km. south of Longyearbyen. The Svea Nord longwall mine has an annual output of 2 million tonnes of bituminous coal. A third of it is sold for metallurgical purposes. The managing director of Store Norske Spitsbergen Kulkompani was Per Andersson. The Sveagruva mine closed in 2017.

The Store Norske Spitsbergen Kulkompani has a shipping port at Cape Amsterdam, 15 km. from Sveagruva. .

Denominations in numerals are on right and left sides.

Revers:

10 Kroner 1976. Spitsbergen

An inscription:

"Not valid outside Spitsbergen".

Denominations are in all corners and centered.

Comments: