Catalog
200 Euro
| Issuer | European Central Bank |
|---|---|
| Year | 2002 |
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| Reference(s) | P#13 |
| Obverse description | Yellow-ochre note of the Art Nouveau series, with a large vignette of an ornate iron-and-glass arcade gateway at center-right, rendered in fine intaglio. The denomination numeral '200' appears in large gothic-style figures at upper right and lower left, with the '200 EURO / EYPO' inscription in intaglio at lower left. The EU flag with twelve gold stars occupies the upper-left corner, accompanied by the ECB initials in five language variants (BCE ECB EZB EKT EKP) and the year '2002' at top; a holographic security stripe bearing the '200' value is affixed to the right edge. |
|---|---|
| Obverse lettering | BCE ECB EZB EKT EKP 200 200 EURO EYPO 2002 |
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| Comments |
The 200 euro note was the denomination most critics predicted would fail in daily use — too high for routine retail transactions in most member states, too low to compete with the 500 for large-value storage. That assessment proved broadly correct. Circulation figures for the 200 have consistently lagged behind every other denomination, and in many countries it was treated more as a reserve note than a spending instrument from the outset.
Robert Kalina's original design won an internal ECB competition in 1996. The architectural motifs were deliberately fictional — no real buildings, to avoid privileging any member nation's heritage over another's.