0 Euro - Venezia

The EuroSouvenir program — administered by the Société Européenne de Billets de Collection — produces these notes under license from the European Central Bank, which permits the "0 Euro" denomination specifically because it carries no monetary value and therefore falls outside currency law. Oberthur Fiduciaire, one of the handful of security printers authorized to produce genuine euro-format notes, handles the substrate and perforation work, meaning the physical construction is effectively identical to circulating currency.

Collectors should note that print runs vary sharply between tourist venues, and some SEBS issues have been deliberately limited to drive secondary market demand.