MONACO. 1/5ème d'Action de F500. blue, green, orange. No 511234. Heavy folds and pin-holes. Lovely share of the company owning the world-famous casino of Monte Carlo. Fine, wide view of Monaco as it was around 1900, so different from today. Border of oranges and other mediterranean fruit. Monaco had its first casino in 1856. It was only when the S.A. des Bains de Mer et du Cercle des Etrangers à Monaco was established (1863) that the gambling business took really off. This 1929 share issue is scarce.