Catalog
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| Issuer | Principality of Monaco |
|---|---|
| Year | 1677 |
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| Reference(s) | Gad#MC45 |
| Obverse description | Bare-headed bust of Louis I, Prince of Monaco, facing right, with long flowing hair falling to the shoulders in the fashion of the late 17th century. The effigy is rendered in moderately high relief with fine detail in the hair. A circular Latin legend surrounds the bust, reading LVD. I. D.G. PRIN. MONOECI., abbreviated for Ludovicus I Dei Gratia Princeps Monoeci. The rim is bordered by a fine toothed or engrailed edge. |
|---|---|
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| Obverse lettering | LVD. I. D.G. PRIN. MONOECI. |
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| Additional information |
Louis I ruled Monaco under French suzerainty, and the denier tournois he struck derived its name and monetary lineage from the coins long produced at Tours — a type that had effectively died out in France itself by the mid-seventeenth century. Monaco's continued use of the denomination was less monetary innovation than feudal inertia, the principality operating on its own accounting system largely insulated from French monetary reform. Louis I had secured fuller recognition of Grimaldi sovereignty through the Treaty of Péronne in 1641, and these small copper issues were among the first fruits of that consolidated authority.