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5 Francs Régie des Chemins de Fer en Territoires Occupés

Issuer Régie des Chemins de Fer des Territoires Occupés
Year 1923
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Currency Franc (1919-1935)
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Obverse description Central circular medallion enclosing the denomination within a finely engraved floral and foliate frame, with a steam locomotive vignette at the top centre. The surrounding border is rendered in red letterpress with an ornate interlaced pattern. A panoramic German riverside landscape forms the background underprint across the note.
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Reverse lettering 5fr. TOUTE PERSONNE QUI AURA CONTREFAIT OU FALSIFIÉ DES BILLETS OU FAIT USAGE DE BILLETS CONTREFAITS OU FALSIFIÉS SERA FRAPPÉE DES PEINES ÉDICTÉES PAR LA HAUTE COMMISSION INTERALLIÉE DES TERRITOIRES RHÉNANS WER GUTSCHEINE NACHMACHT ODER NACHGEMACHTE IN VERKEHR BRINGT WIRD MIT DER VON DER HOHEN INTERALLIIERTEN RHEINLANDKOMMISSION VERHÄNGTEN STRAFEN BELEGT R. VERGNOT DEL. E. De RUAZ sculp.
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Comments

The Régie des Chemins de Fer des Territoires Occupés was a French military railway administration that managed the German rail network in the Rhineland following the Armistice — an occupation that dragged on through the 1920s, requiring its own parallel monetary apparatus to pay local workers and suppliers without relying on either French francs or the collapsing German mark. These scrip notes filled that gap.

Vergnot's design was engraved by de Ruaz, both working within the Imprimerie Paul Dupont's established intaglio tradition. The P#R6 series is genuinely uncommon in circulated grades — most survivors show little wear, which likely reflects the narrow and controlled environment in which these notes actually changed hands.

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