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.
Albert II, Prince of Monaco
On 2 April 2002, Monaco promulgated Princely Law 1.249, which provides that if a reigning prince dies without surviving legitimate issue, the throne passes to his legitimate siblings and their legitimate descendants of both sexes, according to the principle of male-preference primogeniture. Following Albert's accession, this law took full effect in 2005 when ratified by France, pursuant to the Franco-Monégasque Treaty regulating relations between the Principality and its neighbor. Prince Albert's sisters and their legitimate children thereby retained the right to inherit the Monegasque throne, which they would have otherwise lost upon the death of Prince Rainier.