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0 Euro - Sirmione del Garda

Issuer Souvenir Euro Art Group (SEAG)
Year 2018
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Currency Euro (2002-date)
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Obverse description Central vignette of the Scaligero Castle (Rocca Scaligera) of Sirmione on Lake Garda, rendered in intaglio-style engraving in purple tones over a multicolour guilloche underprint. The large numeral '0' appears at left alongside the EU flag and series date '2018-1'; stars border the lower margin. At lower right, the issuer's facsimile signature and prefix code SEAG.
Obverse lettering SIRMIONE DEL GARDA
EUROSOUVENIR
2018-1
0
0
EURO
SOUV
ENIR
R. FAILLE
C.E.O.
SEAG
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Comments

Souvenir zero-euro notes were introduced in France around 2015 and spread rapidly across European tourist destinations. Oberthur Fiduciaire prints these to full ECB security specifications — genuine intaglio printing, holographic strip, watermark — which is precisely why they circulate freely without legal consequences: they are novelty items that cost more to produce than their face value implies, sold at a markup to cover both print costs and licensing fees paid to the ECB.

Sirmione, on the southern tip of Lake Garda, issued this through SEAG in 2018. The series has no collector scarcity built in — print runs are determined by tourism demand, not monetary policy.

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