In celebration of the centenary of the birth of Prince Rainier III the Museum of Stamps and Coins of Monaco has released a limited run of gold 50 euro coins commemorating the sovereign responsible for the admission of the Principality into the Euro zone.

Produced by the Paris Mint and made in only 499 units, this gold coin bearing a double effigy of Prince Rainier III is also the first ever 50 euro coin to be issued by Monaco, only adding to its value in the eyes of numismatist collectors.

The release of the coin coincided with the inauguration by HSH Prince Albert II of the exhibition ‘The Duchy-Pairie of Valentinois, former Grimaldi stronghold’ at the Museum of Stamps and Coins of Monaco on Thursday, November 2. Alongside Prince Albert was HSH Princess Stéphanie, president of the Prince Rainier III Commemoration Committee, and Louis Ducruet.

The coin is being sold at the Museum of Stamps and Coins in Fontvieille for a price of 2,500 euros each. Only one coin can be purchased per each adult, who must also present identification.

Featured image ©Direction de la Communication / Frédéric Nebinger