0 Euro - Paris - Napoléon Bonaparte

The zero-euro souvenir note program launched in France in 2016, authorized under a European framework that technically permits member-state central banks to sanction commemorative currency-format items with a face value of zero — legally neither banknote nor bond, but printed to full security-note specifications. Oberthur Fiduciaire in Rennes produces them with the same intaglio and offset processes used for circulating currency, which is precisely the point: the collector pays for the authentication, not the denomination.

Napoléon was among the earliest and most-issued subjects in the Paris tourist series. The irony is deliberate — the man who established the Banque de France in 1800 rendered as a note worth nothing at all.