Bicentenary of the Birth of Prince Charles III
Charles III, born in 1818, succeeded his father Prince Florestan Ierin 1856. He reigned until his death in 1889. By founding Monte-Carlo, a new district in Monaco built around the Casino, Charles III launched Monaco’s economic growth and its reputation as an intellectual and fashionable centre. Charles III played a major role in affirming Monaco’s sovereignty by establishing diplomatic and consular relations, by giving the Principality a national flag, a decoration, the Order of St Charles, and an independent diocese, by once again minting coins, and by issuing the first postal stamp in the Principality’s history in 1885.