Creating and importing both 2D and 3D data, I have many times encountered the situation where I have no Z value for a coordinate set, that the value of a Z coordinate seems out of range (like -99, -9999, -inf or similar) or that I need to create a dummy Z coordinate.
I know that the answer to my question is:
"Just use a value which is definitely out of range in your case."
But that answer set aside I wonder if the GIS community has a standardized or most frequently used value for a dummy Z coordinate?