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.
Prince's Palace of Monaco
In 1701, Prince Antoine succeeded Louis I and inherited an almost bankrupt Monaco, though he did further embellish the Royal Room. On its ceiling, Gregorio de Ferrari and Alexandre Haffner depicted a figure of Fame surrounded by lunettes illustrating the four seasons.
Antoine's marriage to Marie of Lorraine was unhappy and yielded only two daughters. Monaco's constitution confined the throne to members of the Grimaldi family alone, and Antoine was thus keen for his daughter Princess Louise-Hippolyte ("Illustration 11") to wed a Grimaldi cousin. However, the state of the Grimaldi fortunes, and the lack of (the politically necessary) approval from King Louis XIV, dictated otherwise. Louise-Hippolyte was married to Jacques de Goyon Matignon, a wealthy aristocrat from Normandy. Louise-Hippolyte succeeded her father as sovereign of Monaco in 1731 but died just months later. The King of France, confirming Monaco's subservient state to France, ignored the protests of other branches of the Grimaldi family, overthrew the Monégasque constitution, and approved the succession of Jacques de Goyon Matignon as Prince Jacques I.