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0 Euro - Schwarzwald - Titisee

Issuer EuroSouvenir
Year 2018
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Composition Paper
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Obverse description Central vignette of a woman in traditional Black Forest costume — including the distinctive Bollenhut hat — set against a landscape underprint with a lake and wooded hills to the right. The large guilloche zero numeral appears at centre-left alongside the EU flag and a ring of stars; serial prefix and date code are printed at upper left.
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Reverse description Six vignettes of iconic European landmarks — Brandenburg Gate, Torre de Belém, Eiffel Tower, Colosseum, Sagrada Família, and Manneken Pis — arranged across the note, with a portrait of the Mona Lisa at right. The printer's imprint appears along the lower margin, flanked by the EURO SOUVENIR denomination block.
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Comments

EuroSouvenir's zero-denomination collector notes are legal tender in the technical sense — issued under a European Central Bank framework that permits commemorative euros — but no retailer is obligated to accept them, and none do. Oberthur Fiduciaire, one of the major European security printers, produces the entire series to banknote specification, which is precisely the point: the paper, the watermark, the feel are indistinguishable from circulating currency, and that's what the buyer is paying for.

Titisee, the glacial lake in the southern Black Forest, has been a mass-tourism destination since the railway reached it in 1887. The souvenir note market there is brisk.

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