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10 Kroner The Norwegian Spitsbergen Syndicate

Issuer Det norske Spitsbergensyndikat (The Norwegian Spitsbergen Syndicate)
Year 1916-1917
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Shape Rectangular
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Obverse description Yellow guilloche underprint across the entire face, with the issuer name in decorative blackletter script enclosed by ornamental scrollwork. Large red numeral underprint '10' at left and right flanks the central denomination '10 — Ti kroner' in a cartouche. Series letter and serial number appear in black-bordered panels at upper left and right; two manuscript signatures with printed titles at lower left and right.
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Protection description Partial watermark showing large text reading 'ALVØENS NORMAL 1000'.
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Det norske Spitsbergensyndikat was a coal mining company operating at Advent Bay on Svalbard, and like several such Arctic concessions in the early twentieth century, it issued its own scrip for use within the settlement. Norwegian sovereignty over Svalbard was not formally established until the 1920 Paris Treaty took effect, leaving the archipelago in a legal grey zone where company-issued currency was a practical necessity rather than an unusual arrangement.

Emil Moestue in Christiania printed the note, a firm better known for commercial jobbing work than security printing — the watermark is the most substantive deterrent against forgery in an otherwise modest production.

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