Theories that are said to have real parameters really have a multidimensional parameter space, and the real parameters are coordinates in that space.
Often, multiple points in the parameter space produce isomorphic theories. E.g., take a toy theory with parameters $x$ and $y$, and the property that $(x,y)$ and $(ax,ay)$ are isomorphic for any $a>0$. This could be because $x$ and $y$ are both expressed in some unit, and since there is nothing else to fix the meaning of the unit, changing its size doesn't change the theory as long as both $x$ and $y$ are updated consistently.
You can avoid the redundancy in the parameterization by switching to $(r,θ)$ polar coordinates and then fixing $r$, perhaps to $1$, or perhaps to $6.6\times 10^{-34}$ for backward compatibility. This doesn't cover the whole $\mathbb R^2$ parameter space: it's missing $x=y=0$. But it's fine for most purposes if you know from experiment that $x$ and $y$ aren't both zero.
This is not the only possible choice. You could fix $x=1$, and take $y$ as your free parameter. This covers even less of the original $(x,y)$ space, but it's fine for most purposes if you know from experiment that $x>0$.
The points not covered by your new coordinates don't cease to exist just because they're invisible on your new parameter chart. But to "reach" them you have to switch coordinate systems, and that means, e.g., dropping your convention that $\hbar$ has a fixed value.
Note that "the $x=0$ limit" is usually not a well defined point in theory space. If you fixed $x=1$, then $y$ and $y/x$ denote the same theory, but the $x\to 0$ limit with $y$ fixed isn't the same as the $x\to 0$ limit with $y/x$ fixed. There is in fact more than one "$\hbar\to 0$ limit" of at least some quantum theories. If you take $\hbar\to 0$ and $n\to\infty$ while holding $ω$ and $E=n\hbar ω$ fixed, you get a classical wave theory, where quantum effects are unobservable because you can't isolate individual particles. If you take $\hbar\to 0$ and $ω\to\infty$ while holding $n$ and $E$ fixed, you get a classical particle theory, where quantum effects are unobservable because the interference fringes are infinitesimally thin. These theories live at different points on the boundary of the quantum theory space.