The microstate of Monaco is the Principality located on the Mediterranean coast. France surrounds the city-sized state and has the tight connections with it. As for instance, Monaco uses Euros as the official currency, despite the fact the tiny country doesn’t participate in European Union. France provides the military defense of the Principality also. The ruler of Monaco is the hereditary monarch of Grimaldi family, which governed the Principality since 1297. Monaco gained its worldwide fame and popularity in 1950’s, when its monarch married Hollywood actress and style icon Grace Kelly. Princess Grace had become the landmark of the state since then till her tragic death. Modern Monaco is an economically developed state with beautiful royal traditions, luxury resorts, gambling center Monte Carlo and F1 racing track. Some landmarks appear on the special coins of Monaco, issued for collectors.
Monaco is known for its gambling and banking industries, which give it the huge income. It’s notable that the third part of all Monaco population is millionaires. World’s celebrities and aristocrats chose the state as their most beloved resort, attracting to Monaco more tourists. Tourism and luxury shopping are the next best points of revenue. About 48 thousand of employees come to Monaco for work from Italy and France daily. Sport of the country is presented by the prestigious F1 Grand Prix motor racing, taking place on Monaco streets since 1929. The Formula One competitions are one more way to attract tourists to the country.
In 2002, Monaco claimed to share the Euro as its official currency and even got the right to issue its own Monaco coins with Monegasque images. Since that time some editions of collectible Monaco coins were launched with national designs. What’s interesting about it is the date of the very first coinage, which is 2001 instead of 2002. It’s because the first Euro coins of Monaco were minted beforehand, a year earlier. Previous legal tender notes and coins of Monaco were francs. The small country produces a number of precious commemorative Monaco coins, which aren’t means of payment in Eurozone though. Buying coins of Monaco online is easy via Coinsberg.com!
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