Playing mono records properly without breaking the bank - a phono pre-amp question.


Hi there.. I can use some suggestions for playing mono records properly.I'm about to put together my vinyl system and trying to figure out how to best play mono records without having to either buy a separate TT, have a turntable with two tone arms or have a switchable head-shell, all of which are not an option at the moment.  Someday, I think having two tone arms will be the way, but now I need the most economical way to have a nice experience.
I will have at a minimum, a nice stereo stylus/cartridge, but I'm wondering if I should be focusing my phono-preamp search to those with a dedicated mono switch?  I have a Hegel integrated and there's no mono option. 
Are there  simple ways (contraptions)  other than a phono-preamp with a mono switch, to achieve high quality mono playback with a stereo stylus? My search for the right phono preamp would be much easier if I knew I didn't need to make sure it had mono.

Appreciate any suggestion or direction - would love to hear your person experience playing mono on a generally "stereo" rig.

hrabieh
hrabieh, your 12/10 summary seems like a "sound" solution.  ;^)

Hope you then enjoy those mono treasures.  For the future, keep in mind the differences with older (pre mid-60s) mono releases.
McIntosh MODE Switch detailed in this manual of mx110z tube tuner/preamp

http://www.berners.ch/McIntosh/Downloads/MX110_own.pdf

tone and loudness circuits, filters described also
assuming, but not said, the MODE which includes MONO, exists on many but not all McIntosh models.
What would be the result of using a real Mono cartridge with a stereo phono pre?
In other words no mono switch on the phono.
My record collection is mono only so I'm not burdened with the need to switch between stereo and mono. hrebieh, if I were in your situation, I'd buy a second turntable (used and possibly vintage) as a dedicated mono table with a mono cartridge.