0 Euro - Saint Jean Cap-Ferrat - Villa Ephrussi de Rothschild

The 0 Euro souvenir note program, launched commercially by EuroCollections International around 2015–2016, exploits a legal quirk: because the face value is zero, these notes fall outside European Central Bank jurisdiction governing genuine currency, allowing private issuers to produce euro-format pieces printed by legitimate security printers. Oberthur Fiduciaire, which holds contracts for numerous African and Asian central banks, brings full banknote-grade production — security threads, correct substrate — to what is essentially a tourist keepsake.

Villa Ephrussi de Rothschild on the Cap-Ferrat peninsula was built between 1905 and 1912 for Béatrice de Rothschild, who reportedly rejected seventeen initial designs before approving the final Venetian-style plan.