The zero euro banknote arrives: what is the true value and why it is produced

The zero euro banknote arrives: what is the true value and why it is produced
The zero euro banknote arrives: what is the true value and why it is produced

It will be a much awaited moment collectors of the sector and will certainly be snapped up quickly also due to its limited edition: we are talking about the zero euro banknote which will be available from July to commemorate the 80 years old give it landing in Normandy occurred on June 6, 1944.

Value and production

Even if it (obviously) has no commercial value, it will be in every way like a “real” banknote because it will be able to count on watermarks like in authentic banknotes but also on holograms, special inks and serial numbers that will make them unique. Overall they will only be produced in three thousand pieces: enthusiasts will be able to purchase them at a price between 6 and 15 euros. The banknote will be produced by Oberthur Trusteeone of the world’s leading private security printers specializing in the design and production of banknotes, checks and other security documents, and distributed by Euro Banknote Memory.

A collector’s item

It is not the first time that a banknote bearing the value of zero euro has been put on the market: it is necessary to take a look online to discover that, even now, there are numerous web portals that make this highly symbolic and different currency available in bases to the various Eurozone countries. For example, you may come across a zero euro banknote with a reproduction of the Colosseum but also others with the print of famous cartoons, footballers and numerous other themes. It is currently estimated that there are at least 2,500 different models circulating in Europe. Among some details that are specified in those that can be purchased now with various themes, the size of each collectible banknote is similar to the original ones from 20 euro.

The original idea

The first person who thought of creating such a collector’s item was the Frenchman Richard Faille in 2015 but he was already creating souvenir coins in 1996: he wanted to create personalized coins that museums, places of interest, monuments and theme parks could offer their visitors. As he writes Euronotesouvenirover the last 18 years more than 60 million of these coins have been sold and since April 2015 it has been sold “the Euro Souvenir NOTE“.

ECB banknotes

On the contrary, however, with the text of 19 April 2013 the European Central Bank makes known all the information relating to denominations, specifications, reproductions, replacement and withdrawal of euro banknotes where it is indicated, for each value (5,10,20, 50 euros etc.

) what the correct dimensions must be, specifying between the first and second series, the dominant color and the design for each denomination. The total articles that regulate their diffusion are seven and range from denominations and specifications to the rules on the reproduction of euro banknotes up to the entry into force and repeal.

 
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