Zero Euro Banknotes

13 Beiträge • 332 Mal aufgerufen

Dieses Thema wurde im Forum Englisch veröffentlicht

» Schnellzugriff auf den neuesten Beitrag

Just watched a YouTube video on zero euro banknotes.

Why Does Europe Have Zero Euro Banknotes? - YouTube

I don't collect banknotes so I never knew these existed. I know they are not legal tender but does anyone collect them?
Why do they exist? Why do silly useless NCLT that have nothing to do with the issuing country exist?
Because the mints and in this case printers can make money with them.
Verweis : "Idolenz"​Why do they exist? Why do silly useless NCLT that have nothing to do with the issuing country exist?
​Because the mints and in this case printers can make money with them.
With respect ​I am not asking why do they exist. Why does Europe Have Zero Euro Banknotes? is the name of the YouTube clip. I am simply asking does anyone collect them?
Sorry didn't catch that this was supposed to be a title.
Yes of course there wouldn't be so damn many otherwise (8 they seem to be quite popular in France.
Verweis : "Idolenz"​Sorry didn't catch that this was supposed to be a title.
​Yes of course there wouldn't be so damn many otherwise (8 they seem to be quite popular in France.
​Better than a key ring or fridge magnet if you're into souvenirs and collect banknotes I suppose.
And they are on Numista. I don't know any better term to search for, but "Faille" brings 190 results
https://en.numista.com/catalogue/index.php?r=faille&ct=banknote

edit: even more with "Enir"
https://en.numista.com/catalogue/index.php?r=enir&ct=banknote
Verweis : "androl"​And they are on Numista. I don't know any better term to search for, but "Faille" brings 190 results
https://en.numista.com/catalogue/index.php?r=faille&ct=banknote
​- Sad that there are 190 different fantasy Zero Euro designs out there & so many newbie collectors just itching to drop hard-earned-coin over such a silly novelty. I dislike them just as much as the flood of other fantasy issues (including Disney Bucks) but there are soOOO many out there. At first I just thought it would be a passing fad, but like Reproductions, it seems like they're here to stay. I know there will be many out there who've invested in them (& yes, they are better than reproductions- which are just counterfeit currency IMO) but I just wish people would stop! If you're going to collect currency, collect something that is legit (please!). If I discover that an eBay seller is peddling them I drop them & cease business with these guys (I wish other collectors would do the same).

BTW: I tried to find out who has them (by searching several of the Numista entries but seems like nobody does (or they have their privacy setting high?) Somebody must be buying them or they wouldn't have been entered.

I am guessing one of the reasons for their unfathomable popularity is that people don't know what to collect (& its just there) & there are so many You-tubers who push collecting just for collecting sake. Here is a link to a popular You-tuber "Half-Asleep Chris" who does a big PROMO video on Zero_Euros. I like some of his videos (he does a great job of exploring some nation's notes, like Australia) but that one is a video I prefer to forget.
https://sites.google.com/view/notaphilycculture/collecting-banknotes
I could actually see myself buy on of those as a souvenir when visiting the place - very much like I'm buying a flag in every country I visit. But I would never go on ebay, or any similar site, and buy them. I agree with Serial_Number_8 on every syllable. Well put, mate!
"Well put, mate!"
Thanks "ngdawa." I love European desserts & beer (& not necessarily in that order) so I know where my Euros are going:wiz: when I'm over there soaking up the beauty of Europe.

It's about priorities:
One of the reasons I get so worked up about this topic is that I used to be cheap on banknote sleeves and binders myself (years ago). Fortunately, it was only a short passing phase, & then I realized I must look after these notes carefully. Anyway, I went to an RCNA workshop & saw most of the attendees hands go up after being asked if they store their coins (or notes) in baggies or inappropriate sleeves/containers. Where are these people's priorities? The workshop was about preservation & the curator went on to describe several destroyed 6-figure rare coins/notes corroded/partially ruined by either moisture or their bleaching holder. Imagine having something of value & storing it in crap so that it becomes nearly worthless.

Priorities:
Some of these novelty items go for $20-$40 per note! Spend this $40 on some proper mylar sleeves ( PVC-free coin holders), a nice coin/currency binder or something to show off your collection (PLEASE!). I've met countless cheap collectors who won't spent 50 cents on a decent currency sleeve (& to get some note for FV). Forget the cheap dubious 5 cent holders from China. Take some pride in what you've got! *Rearrange your priorities!

I've attended a LOT of auctions & believe me folks, this stuff has little future (IMO). I just saw real legit central bank "collector series" from a few nations yesterday sell for about the cost of their PMG GEM holders (or less). They may sell for hyper-inflated prices while the economy is hot but when things get a bit rattled- forget about it. It's sad but true. It is way worse than non-circulating silver coins (at least they have bullion melt/value). Who cares if 10,000 were printed? Whoopy-doo!

Most currency collectors won't touch stuff like this. It's WAY more FRINGE than either notgeld, fractionals, hyperinflation or J.I.M. notes. Way more collectors will value these!

*Now I do realize that some folks, who may be in the print/art industry, who would admire the designs of fantasy, Disney, 0 Euro, etc. I mean if designs are your primary interest than I suppose this is for you (although there are so many spectacular designs of more legit notes/but that's another long-winded topic).
https://sites.google.com/view/notaphilycculture/collecting-banknotes
From what I understand, at one point, you could use Disney Dollars to buy stuff at Disneyland and DisneyWorld. So they used to have actual monetary value. But not now.
Verweis : "JRo69"​From what I understand, at one point, you could use Disney Dollars to buy stuff at Disneyland and DisneyWorld. So they used to have actual monetary value. But not now.
Although I do understand your point, whether a banknote is collectible (or not) should not centre around whether a banknote has monetary value. If that were the case than all $1000 (or higher denoms such as the 500 Euro) would be the most coveted banknote to collect, right? But we all know that's not the case (sure these also have very small numbers issued - compared to lower denominations) but there's a number of reasons they fail as a good collectible banknote. One reason high denominations 'miss the boat' on collectibility factor is that they rarely are issued in high numbers (so one series is very rarely that scarce compared to another). They're almost like "Fantasy" notes in their low #. Second, they're rarely circulated (so they should be in top notch condition) just like Fantasy paper. Thirdly, collectors know these big notes are usually kept neatly tucked away in SDB (so should be in high grade/like specimens) like "zero euros." Fourth, they attract niche collectors (only a few people can afford to collect these) like Disney $. Like specimens, they attract the armchair collector, a person who doesn't bother to research what (& why) a banknote is "collectible." On a similar note, nobody would be collecting fractionals, obsolete or currency that has long been demonetized (or lost its legal tender status) if collectors were worried whether a note was once redeemable. Even coupons (& postal orders) have had that feature of some type of "current" value. (This makes zero euros look bad since they've never had any value but that's not the only reason they're a poor item to collect).

What is "collectible" typically is a combination of condition, whether it's popular (desired by many collectors) & unique factor (a quality that sets it apart from other banknotes from same series) thus making it somewhat more scarce relative to its counterparts. ​This is important to note b/c most advanced collectors want less common signature combinations, prefixes, or shortened designs, versions. If they're not into scarce set types, serial numbers, than they're usually "condition rarity" collectors (desiring "top pop" TPG notes).

So, you can have a Devil's Face (which was printed in tens of millions for low denominations) but which has a large # of collectors who want one- this drives up its BV (Book Value) & desirability to own in higher grades. Same can be said for the 60's/70's Seychelles "Sex," "Scum" or other notes of that series (they're desirable across the globe). I'm sure Disney bucks (& zero euros) have become quite popular & that's what's driving their sales (novelty factor).

What makes a US radar BV higher than a CDN or GBP radar? (A radar has a Serial Number that reads the same from right to left as left to right- such as 0045400 or 9090909) The US version has 8 digits while the CDN version has 7 digits. The less # of corresponding digits make the note less rare (or scarce). This is the unique factor (the number is special & there are only so many like it). 5 & 6 digit radars are many times easier to obtain than 7 & 8 digit radars. The same can be said for low#, ladders & other special # (the lower the # of digits the more inconsequential/easier to acquire).

So, in short, Fantasy notes simply rely on popularity. If they're from small 10,000 batches (runs) than low # are NOT a factor. Even radars would be few (& far between) but so what? All are limited. They cannot be compared to large runs & fail on many factors that collectors seek from large regular 10,000,000+ runs. They're inconsequential.
https://sites.google.com/view/notaphilycculture/collecting-banknotes
Your knowledge about paper money is awesome.
Verweis : "BluHawk"​Your knowledge about paper money is awesome.
​My knowledge of World paper money is very limited but thanks. What I wrote was how I collected (my approach) to Canadian currency about 20 years ago. I wish I could have started being more eclectic (super discriminating in what stays in my collection) 40 years ago, but my limited income & access to pertinent data/info were big barriers.

Now, typically, collectors only have their disposable incomes as barriers since there's such a vast amount of info out there. However, there are still scores of collectors who only want items for FV (from friends, banks, etc). That's all "fine&dandy" as I understand how half the excitement for collecting is in the hunt (for whatever it is one's after). There'll always be that pedestrian collector-base who'll be satisfied with whatever circulated examples they get (& people collecting/buying "whatever" indiscriminately- such as zero euros). It's "all good" unless you want to advance your collection (or get better at it). But then again, wives often hate guys who start spending on desirable specimens. [I laugh when I saw a member on another forum's handle was "don'tellthewife"] It's awesome more women are getting into it too.

Collecting world currency tends to make one a generalist so condition rarities suddenly become more a priority.
https://sites.google.com/view/notaphilycculture/collecting-banknotes

» Forumsregeln

Die verwendete Zeitzone ist UTC+2:00.
Die aktuelle Zeit ist 15:01.