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Rainier III (Rainier Louis Henri Maxence Bertrand Grimaldi; 1923–2005) ruled the Principality of Monaco for almost 56 years, making him one of the longest ruling monarchs in European history. Though internationally known for his marriage to the American actress Grace Kelly, he was also responsible for reforms to Monaco's constitution and for expanding the principality's economy beyond its traditional casino gambling base. Gambling accounts for only approximately three percent of the nation's annual revenue today; when Rainier ascended the throne in 1949, it accounted for more than 95 percent.
Engraver: Pierre Turin
Obverse
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Depicts a portrait of Rainier III facing the left with a princely crown on the collar surrounded by the inscription "Rainier III, Prince of Monaco". The engraver's name, the issue date with the mint and privy marks below. RAINIER III PRINCE DE MONACO |
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Reverse
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Depicts a crowned coat of arms dividing the denomination, the motto below. 5 F |
Edge |