Liard - Honoré III

Honoré III was just ten years old when he inherited the principality in 1733, making these early copper issues products of a regency government rather than any meaningful personal rule. Monaco at this point was under French protection by treaty, and its coinage rights — jealously maintained by the Grimaldi family as a mark of sovereignty — were administered by regents who had little appetite for monetary experimentation. The liard is accordingly conservative in execution.

Gadoury MC96 is not a rare type, but honest circulated examples without environmental damage are harder to locate than the census suggests.