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France/Belgium, Railroads - 0.25 Francs 1923 - Pick # R3 - Specimen - AU/UNC

Description

This banknote, with a denomination of 0.25 francs, is an intriguing artifact of railway history. It bears the inscription "Régie des Chemins de Fer des Territoires Occupés" indicating its association with a railway authority. The note prominently features a circular pattern and includes the text "BON POUR 0,25". The design is enriched with intricate floral and geometric motifs, primarily in hues of purple and yellow, giving it an elegant appearance. The watermark and signature add layers of authenticity, typical of historical banknotes.


Obverse (front)
The front side of this banknote showcases elaborate decorative elements, with a predominance of purple hues contrasted by yellow accents. A key feature is the circular emblem stating "0,25 fr", making the denomination clear. Surrounding this central circle are intricate designs that encapsulate the essence of the railway theme, with small illustrations, including an image of a train, enhancing its historical context. The signatures and text in various fonts underscore the formal nature of the document. Notably, the use of microtext and possible watermarks suggests security measures typical of that era.

Reverse (back)
The reverse side of the banknote remains consistent with the decorative aesthetic established on the front. It likely features more railway-related imagery or patterns, allowing for thematic coherence. If there are specific elements such as emblems or additional textual enhancements, they play a vital role in displaying governmental or official authority associated with the banknote's issuance. Any security features present here, like hidden text or holographic images, serve to validate the note against counterfeiting. Overall, the artistic composition reinforces the banknote's historical significance.

SPECIMEN: Demonstration banknote used by banks and printers, marked with "SPECIMEN." Never circulated, often in pristine condition, making it highly collectible.

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Ends on: 28/03/2026 15:00 (CET)
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€ 10
Estimated
€ 150  —  € 250
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Ends on: 28/03/2026 15:00 (CET)
Start bid
€ 10
Estimated
€ 150  —  € 250
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Date
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Specifications
Auction
E - Auction # 21 / World Banknotes / March
Main categorie
Banknotes
Country
France
Year
1923

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All auction information

Our auction presents an extensive and highly diverse offering that will certainly appeal to collectors and enthusiasts alike.

You will find a range of interesting propaganda banknotes, each with its own historical background and character. In addition, we offer a broad and varied selection from the former Yugoslavia, including many attractive and hard-to-find issues.

For the specialized collector, there is also a large number of replacement banknotes, as well as a fine selection of color trials from Iceland — pieces that rarely appear on the market and can be a valuable addition to an advanced collection.

In short, something for everyone: from historical issues to rare trial prints and specialized collector’s items.

We wish you great pleasure in exploring this auction and hope you will discover exceptional pieces to enrich your collection!

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Closing
SPECIMEN