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3 Roubles Arktikugol
| Issuer | Arktikugol Trust |
|---|---|
| Year | 1961 |
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| Size | 120 × 60 mm |
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| Obverse description | Dark green text and numeral denomination at left and right; green rosette over light green square guilloche underprint at center. |
|---|---|
| Obverse lettering | СССР МИНИСТЕРСТВО МОРСКОГО ФЛОТА ГОСУДАРСТВЕННЫЙ ТРЕСТ ,,АРКТИКУГОЛЬ” ТАЛОН No НА ПРАВО ПОЛУЧЕНИЯ ТОВАРОВ В МАГАЗИНАХ РУДНИКОВ ТРЕСТА ,,АРКТИКУГОЛЬ` НА ОСТРОВЕ ШПИЦБЕРГЕН НА СУММУ ТРИ РУБЛЕЙ НИКАКИЕ ЗАЯВЛЕНИЯ ОБ УТЕРЕ НЕ ПРИНИМАЮТСЯ 3 (Translation: USSR Ministry of the Marine Fleet State trust, `Arktikugol` - Coupon No. for the right to receive goods in the stores of the mines of the trust `Arktikugol` on the island of Spitsbergen for the amount of THREE ROUBLES. No claims of loss are accepted.) |
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| Comments |
Arktikugol — the Soviet coal-mining trust operating on the Svalbard archipelago — issued its own scrip currency for use at the Barentsburg settlement, a practical necessity given that Svalbard's treaty status under the 1920 Spitsbergen Treaty barred Norway from levying taxes on Soviet operations there. Using ordinary Soviet roubles would have created awkward hard-currency exposure, so the trust circulated its own denominated coupons internally, redeemable only within the company settlement.
The 1961 series coincides with the Khrushchev-era redenomination of the Soviet rouble, suggesting the scrip was updated to align with the new monetary scale.