I think Peter is on the right track. This does not look like an actual coin issued by the French Government.
The 1922 25c Is a holed coin with 'RF' on the Reverse and the motto of the Republic of France
"Liberte Egalite Fraternite" (Liberty, equality, fraternity)
The 1922 25c Is a holed coin with 'RF' on the Reverse and the motto of the Republic of France
"Liberte Egalite Fraternite" (Liberty, equality, fraternity)



















