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We gratefully acknowledge the late numismatist Walt Jellum who provided images and background information for this section.

Inscription  U.S.S.R. / Ministry of the Coal Industry of the Western regions of the U.S.S.R./ State Trust for the procurement and marketing of coal / on the island & coasts of European section of the North Polar Sea / Arctic Coal / Tallon No. / for legal receiving of goods in stores Mine / Trust "Arctic Coal" on island Spitsbergen / for sum () Rubles / 1946 / No claims about loss will be accepted.

Trust Arktikugol is the only operation to use specially minted coins for use on Spitsbergen. In 1946 the Russians circulated coins struck at the mint in Leningrad that, according to the local Russian consul, had been used in their mining settlements between 1946 and 1957. Four coins, 10, 15, 20, and 50 kopek, make up a complete set, with measurements of 22, 25, 20 and 22 mm. respectively. The 10 & 15 kopeks are of aluminium-bronze, 20 and 50 kopeks are made of nickel. They all had milling.

Obverse: APΚTИКУГОЛЬ = Arctic Coal (on top) (value in center) КОЛEEК = Kopek (on bottom)

Reverse: OCTPOB = Island (on left) 1946 (in center) ШЛИЦБEPГEHE = Spitsbergen (on right)