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500 Euros - Specimen for the promotion of the Euro

Issuer Banque de France
Year 1998
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Currency Euro (2002-date)
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Reverse description The reverse centres on a decorative vignette of three intertwined national flags of the eleven founding Eurozone member states — Germany, Spain, Portugal, the Netherlands, Luxembourg, Italy, Ireland, France, Finland, Belgium, and Austria — interspersed with European Union flags in a formal compositional grouping. A calendar sheet inscribed MARDI 1 JANVIER 2002, marking the date of Euro cash introduction, anchors the lower centre of the design. SPECIMEN overprints and the promotional legend Sans Valeur Pour la Promotion de l'EURO appear in the lower portion of the note.
Reverse lettering MARDI 1 JANVIER 2002 SPECIMEN Sans Valeur Pour la Promotion de l'EURO
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Comments

Produced at the Chamalières facility in 1998, a full year before the euro entered circulation as a book-money currency, this specimen was part of the Banque de France's internal and public-facing campaign to familiarize both bank staff and the general population with the incoming denominations. The 500 euro note was always the highest denomination in the inaugural series and generated early controversy — Germany's Bundesbank had pushed for it, while several other member states worried it would facilitate tax evasion and cash hoarding.

Specimens of this type were never legal tender and carry no serial numbers. Chamalières had been printing French banknotes since 1923.

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