Albert II, Prince of Monaco
As Monaco's head of state, Prince Albert II is depicted on coins, including collectors' coins, with very rare exceptions. One of the most recent examples is the €5 silver Prince Albert II commemorative coin, the first commemorative coin with his effigy on it, minted in 2008. On the obverse, the prince is depicted in profile with his name on the top of the coin. On the reverse, the Grimaldi coat of arms appears; around it, the words "Principauté de Monaco" (Principality of Monaco) also appear along with the nominal monetary value of the coin.As the prince, his official shortened title is "His Serene Highness Albert II, Sovereign Prince of Monaco"; this does not include the many other styles claimed by the Grimaldi family.
Louis II, Prince of Monaco
A political crisis loomed for the Prince because without any other heir, the throne of Monaco would pass to his first cousin Wilhelm, the Duke of Urach, a German nobleman who was a son of Prince Albert's aunt, Princess Florestine of Monaco. To ensure this did not happen, in 1911 a law was passed recognizing his illegitimate daughter, Charlotte, as Louis's acknowledged heir, and making her part of the princely family. This law was later held to be invalid under the 1882 statutes. Thus another law was passed in 1918 modifying the statutes to allow the adoption of an heir, with succession rights. Charlotte was formally adopted by Louis in 1919, and became Charlotte Louise Juliette Grimaldi, Princess of Monaco, and Duchess of Valentinois.