SPITSBERGEN 100 rubli 1993


SPITSBERGEN, Arktikugol, 100 rubli, 1993, Obverse: polar bear on map, aluminum-bronze, KM-Tn8, spots, AU

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Spitsbergen is the largest island in the Svalbard archipelago. It is Norwegian territory. There are two coal mining companies on the island: Store Norske, and Arktikugol, the latter owned and operated by Russia. Tokens were made for Russian workers in 1946. Starting in the 1990s some collector coins were created.

The political arrangements that resulted in the nations of modern Europe began to emerge out of local autonomy starting in the 7th century AD or so. Europe, for our purposes, stretches from Greenland to somewhere in Russia. Collectors of Europe would likely include Russia. Collectors of Asia, even though about 2/3 of Russia is in Asia, probably not.

By “Modern World Coins” we mean here, generally, the round, flat, shiny metal objects that people have used for money and still do. “Modern,” though, varies by location. There was some other way they were doing their economies, and then they switched over to “modern coins,” then they went toward paper money, now we’re all going toward digital, a future in which kids look at a coin and say “What’s that?” We’ll say: “We used to use those to buy things.” Kids will ask “How?” The main catalog reference is the Standard Catalog of World Coins, to which the KM numbers refer.