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
Monaco's history predates the Roman occupation of AD 122. Its large natural harbour ensured a steady stream of visitors from Byblos, Tyre, and Sidon. Later the Phoenicians came to trade silk, oil, and spices with the natives. It was the Phoenicians who introduced to this area of the Mediterranean their god Melkart, later known by the Romans as "Hercules Monoikos". It was after this god that the Romans renamed the area "Portus Hercules Moneici", which has evolved to the present name of Monaco.
The seat of the Prince of Monaco was established on the Rocher de Monaco ("Illustration 5") as a fortress in 1191 when the harbour, that is today lined by Monte Carlo, was acquired by the Republic of Genoa. The harbour and its immediate area were given to the Genoese by the Emperor Henry IV with the proviso that the Genoese protect the coastline from piracy. Further territory was ceded to the new owners by the Council of Peille and the Abbaye de Saint Pons. In 1215 work began on a new fortress, comprising four towers connected by ramparts protected by a curtain wall. This forms the core of the present palace.