Monaco is the name of the country and its capital (and only) city. It is famous as a tax haven, and wealthy foreigners make up the majority of the population at approximately 84%. It is often referred to as the Las Vegas of Europe, due to its casino.

Monaco's population is unusual in that the native Monegasques are a minority in their own country. The largest proportion of residents are French nationals (47%), followed by Monegasque (16%), and Italians (16%). The remaining 21% belong to one of the other 125 nationalities that make up Monaco's international population.

Monaco also has a rich and valuable collection of collectors' coins, with face value ranging from 5 to 100 euro. These coins are a legacy of an old national practice of minting silver and gold commemorative coins. Unlike normal issues, these coins are not legal tender in all the Eurozone.