Monaco Euro Coins 2012 "500th anniversary of the foundation of Monaco's Sovereignty" €2 Commemorative Coin

The The inner part of the coin shows a portrait of LUCIEN 1er Grimaldi in profile facing to the left. The words “SOUVERAINETE DE MONACO” appear above the portrait in an arc along the upper edge of the inner part of the coin, flanked by the years "1512" and "2012". Two ornamental details are engraved at the beginning and at the end of the text. At the bottom, the horn of plenty, mintmark of the "Monnaie de Paris" and the "fleurette", hallmark of the engraving workshop, flank the portrait on the left hand side and the right hand side, respectively. Above the mintmark is engraved the inscription "LUCIEN Ier".

Issuing volume: 100 000 coins
Date of issue: 1 July 2012


Updated 15.Jun.2012

According to the Official Journal of Monaco which was published today Monaco will mint 110,000 coins and not 100,000 as is indicated on the European Commission website



(C) Official Journal of Monaco

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Comment by Igor on February 12, 2013 at 17:21

I wouldn't be very hopeful for any further significant price drops. The coin mintage is only 100,000 (plus 10,000 proof), coins with similar mintage numbers usually demand higher prices. I would say that the market is currently oversaturated with this coin, but the price will go up in the next year or so. The time will tell whether I'm right or wrong!

Comment by Pabitra Saha on February 11, 2013 at 9:30
At WMF too, it had come down to 25€.
Hasn't someone started plotting its price like it was being done for Grace Kelly coin?
What about Monaco wedding coin?
Comment by Robi from Brussels on February 10, 2013 at 23:05

At the Holland Coin Fair on saturday it was a real common coin. They asked also there around 25€. I'm sure it will drop down even more!

Comment by Igor on February 10, 2013 at 2:53

For those who are still looking for this Lucien coin, check eBay. The price there has recently dropped to EUR 25 and even lower.

Comment by Alberto Cardoso on June 21, 2012 at 21:13
Comment by Alberto Cardoso on June 21, 2012 at 20:21
The price of a rool ?
Comment by 2euro Addicted on June 21, 2012 at 9:49

Many dealers say that there will be 10.000 coins in Proof quality in cases and 100.000 coin in UNC quality in rolls.

Comment by noel galea bason on June 19, 2012 at 19:32

Many thanks. Indeed it is probably one of the most recognizable coins, even at a distance. I remember we recieved  very positive comments when we launched our Euro Coin Set way back in summer of 2007 at the Pessac Mint. 

i personally would have done a different theme for each coin, but sadly I wasn't involved in the process from the very beginning. 

Comment by euroHOBBY on June 19, 2012 at 18:31

Noel thanks for your comment

the Maltese 1 euro coin remains the best minted coin (in my opinion), the cross looks extraordinary nice when you put the coin at an angle

Comment by noel galea bason on June 19, 2012 at 18:24

Yes, if I'm not mistaken this is supposed to represent some famous cave. Well that's a very difficult subject to represent on a coin. In my prof. career I was sometimes asked to represent something totally and I mean totally unsuitable. I had the audacity to say no to my minister and explain why it would be such a bad idea. In this case I don't know what this subject looks like and probably there's no 'easy' way to do it but what is under scrutiny here is the aesthetics of this particular coin. Does it look good? In my opinion it is a non starter and should have never been considered. The way Mints (even famous ones) are making dies, trying to do away with good traditional modeling by using computerized cutting machines has sent the artistic standards spiraling down because mediocre (graphic) designers think they can outdo a good, properly trained coin designer and engraver.

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