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0 Pound - Queen Victoria

Issuer Great Britain Banknote (GBAN)
Year 2022
Type Souvenir banknote
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Obverse description A formal portrait vignette of Queen Victoria occupies the central field, set against a fine guilloche underprint, with the royal coat of arms to one side and a reference to the Queen's Bodyguard flanking the composition. The denomination "Zero Pound" is expressed in both numeral and word form, with the issuer designation "GBAN" and the chief executive's name "R. FAILLE" inscribed below. Victoria's birth and death dates (24 May 1819 – 22 January 1901) and a row of five stars appear among the marginal legends, alongside the series date "2022-1".
Obverse lettering QUEEN VICTORIA
2022-1
0
Zero
Pound
24 May 1819 - 22 January 1901
R. FAILLE
C.E.O.
GBAN
★ ★ ★ ★ ★
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Comments

GBAN — Great Britain Banknote — is a private novelty issuer, not a central bank or legally recognized monetary authority. The "0 Pound" denomination has no face value, no legal tender status, and no redemption mechanism. It exists purely as a collectible, marketed largely through tourist venues and heritage sites across the UK.

Oberthur Fiduciaire's involvement is the one genuinely notable detail here: a serious security printer whose client list includes sovereign central banks across multiple continents, producing a zero-denomination souvenir. The paper and print quality exceed what the "note" is actually worth.