Monaco\u2019s Museum of Stamps and Coins<\/a> will explore the surprising link between the Principality and the Ottoman empire. The museum promises a \u201cspectacular exhibition\u201d which will display \u201cvery rare and very beautiful old coins\u201d. \u00a0Archive documents and rare books will also be on show.<\/p><\/p>\n\n\n\nA coin Ottomans fell in love with<\/h2>\n\n\n\n
Monaco begins to trade with the Ottoman Empire in 1659, which at the time was also known as the \u201cLevant\u201d. In partnership with Jean-Baptiste Colbert, the French Finance Minister at the time, Monaco takes part in issuing the coins required for trade. The coins depict the Princess of Dombes, a cousin of French King Louis XIV. \u201cThe Turks were so entranced by the coins depicting the portrait of the Princess of Dombes that they overvalued them and paid up to twice their issue value, turning them into a commodity,\u201d explains the museum.<\/p><\/p>\n\n\n\n
Due to the coins\u2019 success, Prince Louis 1st<\/sup> of Monaco and other lords of the Italian Riviera decide to mint fake coins, depicting \u201coutrageously imitated portraits of the Princess of Dombes\u201d. The coins would later be known as \u201cLuigini\u201d or little Louis. To maximise profits, some swindlers even cheated on the weight and the title of the coins. Find out more about the full story at Monaco’s Museum of Stamps and Coins from 22 to 25 October.<\/p>
\n\u00a0<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"
From 22 to 25 October, the Museum of Stamps and Coins will host a temporary exhibition titled \u201cThe Principality of […]<\/p>\n","protected":false},"author":33,"featured_media":42112,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[243,251],"tags":[2967],"post_sectags":[],"post_format":[2452],"class_list":["post-42123","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-whats-on","tag-exhibitions-en","format-events"],"acf":[],"yoast_head":"\n
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