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0 Euro - Nemery and Calmejane - La Rochelle - Les tours et la grosse horloge

Issuer
Year 2019
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Currency Euro (2002-date)
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Reverse description Central vignette within a circular frame presents the Grosse Horloge, the ancient gateway of La Rochelle's first fortified wall, now housing a bell and clock. The city coat-of-arms is positioned at upper left. The denomination "0€" appears at lower right.
Reverse lettering
La Rochelle
GROSSE HORLOGE
0€
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Comments

The 0 euro souvenir note program, administered by the Paris-based firm Oberthur Fiduciaire under license from the European Central Bank, launched in 2015 as a collector-only product — legal in denomination precisely because it carries no monetary value and thus sidesteps ECB issuance rules. Retailers and regional tourism offices commission their own designs, printed on genuine euro-security substrate with the standard UV and watermark features intact.

The La Rochelle issue honoring local cartoonists Nemery and Calmejane is one of hundreds of French regional variants. Scarcity is entirely artificial — determined by the print run ordered by the commissioning vendor, not by any economic event.

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