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New Museum Management in Monaco: A Year Full of Surprises for Euro Collectors?

By Sebastian Wieschowski

According to a report by the French “Bulletin Numismatique”, the Musée des Timbres et des Monnaies de Monaco, which also serves as the official point of sale for Monegasque 2-euro commemorative coins, will in future be headed by Flavie Bonnin-Novaretti. The Monegasque succeeds Linda Castellini. Bonnin-Novaretti already took up her role at the museum in February 2025. Previously, she spent almost four years (2021–2025) as Head of Section (Chef de section) at the Department of Cultural Affairs of the Principality of Monaco, focusing on event planning, project management, and public relations.

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Time for a royal update? In 2025, the euro coins from Monaco could be redesigned – and there are further rumours from the Principality that are of interest to collectors. Photo: Wieschowski (coin), advjmneto from Getty Images via Canva Pro (background)

Time for a royal update? In 2025, the euro coins from Monaco could be redesigned – and there are further rumours from the Principality that are of interest to collectors. Photo: Wieschowski (coin), advjmneto from Getty Images via Canva Pro (background)

Before that, according to her LinkedIn profile, she worked from 2018 to 2021 at the Welcome Office Monaco, initially as Attachée and later as Administrator, gaining further experience in tourism, business development, and event organisation. Her earlier professional stations included a role as Attachée hautement qualifiée at the Labour Inspectorate of Monaco (2014–2017) as well as Attachée at the Convention Bureau of the Tourism and Congress Department (2009–2017), where she was mainly responsible for event planning and marketing communication.

According to the “Bulletin Numismatique”, the new museum director has expressed her wish to contribute her extensive experience in the cultural sector to the museum – particularly regarding exhibitions and the ongoing revitalisation and enhancement of the museum’s attractiveness.

Many Rumours From Usually Well-Informed Sources

What this could concretely mean is currently the subject of speculation in relevant online forums – and can already be read at the usually very well-informed collectors’ association “Association Numismatique de Monaco”: According to reports, Monaco could for the first time in 2025, like all other euro microstates, make use of its right to issue two commemorative designs instead of just one 2-euro commemorative coin. Possible themes could be Monaco’s former fiefs, namely Baux (more precisely Les Baux-de-Provence, a historic lordship in southern France) and Carladès (a historic region in the Auvergne).

Whether this theme has actually been chosen and whether it will be honoured on one or two 2-euro commemorative coins has not been officially confirmed. However, the choice of theme would make sense. The fiefs of Baux and Carladès today mainly have symbolic significance. They are linked to traditional noble titles that the princely family of Monaco has held since the 17th century. This tradition also concerns the children of Prince Albert II. Prince Jacques, born in 2014, the son of Prince Albert II and Princess Charlène, has borne the title “Marquis des Baux” (Marquis of Baux) since birth. Princess Gabriella, his twin sister, carries a different title, namely “Comtesse de Carladès” (Countess of Carladès).

A New Coin Set With Albert – And His Son?

Another rumour is also circulating: for the first time since 2020, there could be a complete series of circulation coins – featuring a new portrait of Prince Albert II. Monaco would certainly have the right to do so: in 2006, Prince Albert first appeared on the Principality’s circulation coins, and according to EU guidelines, a redesign is permitted every 15 years. Whether only an updated portrait of Albert would feature on the coins or whether his successor, Prince Jacques, would already be integrated into a double portrait (this rumour also persists), remains to be seen – and collectors should follow developments closely over the coming weeks, as June has traditionally been the preferred time for the sale of Monaco’s 2-euro coins. One thing is already certain: 2025 will be an exciting – and possibly costly – year for euro complete collectors.

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