It was created to commemorate King Frederick's central role in Denmark's transition from absolute to constitutional monarchy.
The bronze plate on the left hand side features Frederik VII's motto: "FOLKETS KIÆRLIGHED/MIN STYRKE" (The people's love, my strength).
When crown prince Frederick ascended to the Danish throne in 1848, following the death of his father, he became the ninth absolute monarch of Denmark since 1660.
[1] On 21 March 1848, a demonstration with 10,000 people gathered on the plaza in front of Christiansborg Palace, demanding a new government and democratic reforms.
The statue was created on the initiative of a committee chaired by Carl Ploug to commemorate the monarch's role in ensuring Denmark's transition from absolute to constitutional monarchy.