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2 Kopecks
| Issuer | Arktikugol Trust (Государственный Трест Арктикуголь) |
|---|---|
| Year | 1979 |
| Type | Local banknote |
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|---|---|
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| Reverse description | Plain light blue reverse with a fine guilloche underprint composed of repeating micro-text reading "АРКТИКУГОЛЬ" and "ШПИЦБЕРГЕН" in alternating rows. At centre top, a single rosette vignette encloses a guilloché numeral "2". Two lines of bold Cyrillic text below state that the coupon is not replaced if lost, followed by a further instruction that unused coupons must be returned to the enterprise cashier. |
| Reverse lettering | ПРИ УТЕРЕ НЕ ВОЗОБНОВЛЯЕТСЯ НЕИСПОЛЬЗОВАННЫЕ ТАЛОНЫ ПОДЛЕЖАТ ВОЗВРАТУ В КАССУ ПРЕДПРИЯТИЯ |
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| Comments |
Arktikugol — the Soviet state coal trust operating the mines at Barentsburg and Pyramiden on Svalbard — issued its own internal scrip because the Svalbard Treaty of 1920 barred the USSR from imposing Soviet currency on the archipelago. Norwegian territory, Soviet workers, Norwegian legal framework: the result was a closed monetary system unique in the Soviet world. The scrip circulated only within the trust's settlements and was worthless the moment a worker left the island.
The 1979 series replaced an earlier issue; both are sometimes called "spitsbergen rubles" by collectors, though kopeck denominations were part of the same system.