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25 Centimes Régie des Chemin de Fer en Territoires Occupés

发行方 Régie des Chemins de Fer des Territoires Occupés
年份 1923
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货币 Franc (1919-1935)
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正面描述 A central medallion encloses a vignette of a German landscape set within an elaborate floral frame, the upper border interspersed with a steam locomotive in profile. Bilingual French and German text legends surround the central design, with the denomination "0fr,25" stated prominently within the frame. The RCFTO/OTFCR monogram appears at both sides of the central composition, and the printer's imprint of Imprimerie Paul Dupont, Paris is rendered in small letterpress at the foot.
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背面描述 A reclining male allegorical figure, identifiable as a river god, occupies the left portion of the composition; he holds a cornucopia in his right hand and tilts an inverted jar with his left, the latter gesture symbolising a flowing river source. The figure leans against a bow and is surrounded by naturalistic foliage, while the background opens onto a panoramic vignette of a riverside city. Bilingual anti-counterfeiting warnings in French and German, together with the designer's and engraver's credits, are arranged in letterpress text around the central imagery.
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备注

The Régie des Chemins de Fer des Territoires Occupés was a Franco-Belgian railway administration established to operate the German rail network in the Rhineland and Ruhr under Allied occupation following the First World War. These small-denomination notes were issued to handle day-to-day transactions within that controlled system — German currency was deliberately excluded from use on the occupied lines. Imprimerie Paul Dupont, a well-established Parisian house with a long record of printing securities and administrative paper, handled the job, with engraving by Émile Louis de Ruaz and design credited to Roger Camille Vergnot.

The 1923 date places this note squarely within the Ruhr occupation crisis, when France and Belgium moved to enforce reparations payments by seizing industrial assets directly.

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