2004 Monaco Proof Euro Coin Set, presented in its original deluxe red leatherette display case from the Monnaie de Paris (the Paris Mint, which strikes coins for Monaco). This is a highly sought-after item among numismatists (coin collectors) due to Monaco's low mintages and the specific historical context of these coins. Key Features of the Set The Centerpiece: The large silver coin in the center is a 5 Euro commemorative coin dedicated to Sainte Dévote, the patron saint of Monaco. The Standard Coins: Surrounding the center are the standard circulation denominations: 1, 2, 5, 10, 20, and 50 centimes, plus the 1 and 2 Euro coins. Quality: These are "Proof" (Belle Épreuve) coins. They are struck using specially polished dies and blanks, resulting in a mirror-like background and frosted foreground details. The Portraits: The 1 and 2 Euro coins feature the effigy of Prince Rainier III, while the smaller denominations feature the coat of arms of the Grimaldi family or the Prince's seal. Why This Set is Significant Low Mintage: Monaco is one of the smallest Euro-issuing entities. Usually, only about 14,999 of these specific 2004 Proof sets were produced. Historical Value: 2004 was one of the last full years of Prince Rainier III’s reign (he passed away in 2005). Following his death, the design of Monaco’s coins changed to feature Prince Albert II. Monnaie de Paris Branding: The logo inside the lid confirms its authenticity as an official product of the French Mint.