The Treasury of the Principality of Monaco has launched a new gold coin marking the tenth anniversary of the accession of HSH Prince Albert II of Monaco on April 6, 2005. His father, the late Prince Rainier III, had passed away after a reign of almost fifty-six years.
Rainier III was credited with heightening the profile of Monaco, one of the smallest countries in Europe, to an extent not enjoyed previously by its citizens. He restructured the casinos, made municipal improvements to the capital, Monte Carlo, and expanded the ports of Monaco—even creating a new port by the process of land reclamation.
In 1955, Rainier III married the glamorous and beautiful Grace Kelly, an Academy Award winning American actress from Philadelphia. Together, they presided over the southern Mediterranean principality, attracting commerce, tourists, and new residents for just over twenty-seven years, until the princess’s untimely death in 1982. The couple welcomed three children into their family: their eldest child, Caroline, was born in 1956, followed by her little brother, the principality’s new heir, in 1958. A second daughter, Stephanie, was born in 1965.
Prince Albert, styled HSH the Hereditary Prince of Monaco, was educated in France and the United States and is fluent in French, English, German, and Italian. He studied political science, economics, music, and English literature at Amherst University. He also took up formal training for his princely responsibilities on his eighteenth birthday.
In March of 2005, Albert was named regent on behalf of his ailing father, an arrangement that lasted until Prince Rainier’s death. Prince Albert’s investiture took place on July 12, 2005, after a period of official mourning at the princely court. The investiture was followed by a religious service at the St. Nicholas Cathedral in Monte Carlo.
The Prince’s personal and public interests are largely associated with environmental issues such as the supply and maintenance of clean water and the preservation of the Arctic poles. In 2007, he became the first serving head of state to participate in a trek to the North Pole.
In July of 2011, Albert married his longtime companion Charlene Wittstock, to whom he had become engaged in September of 2010. The newly styled HSH Princess Charlene of Monaco has adapted well to both the southern Mediterranean and her royal duties, taking up many causes with her husband, such as athletics and environmental issues. In December of 2014, the couple welcomed twins into their family: a boy named Jacques, who is now the Hereditary Prince of Monaco, and a daughter, Princess Gabriella, who is second in the line of succession.
The coin, produced on behalf of the Monegasque Treasury by the Monnaie de Paris, includes a front facing head and shoulders portrait of Prince Albert II. The text ALBERT II PRINCE DE MONACO is placed above the portrait, along with DIX ANS DE REGNE in celebration of the prince’s tenth anniversary. The reverse depicts the prince’s monogram of two intertwined “A” initials. The commemorative years 2005 and 2015 are placed on either side of the monogram. The motto DEO JUVANTE and the coin’s denomination of €100 are placed above and below the monogram.
The coin has a very low mintage and local numismatic sources report that much of it has been exhausted. Those interested in this coin may inquire to Numismatics Editions V. Gadoury, Monte Carlo, on how to purchase this latest gold coin issued in Monaco. For more information, please e-mail . Correspondences in English, French and Italian, with international orders dispatched where applicable.