Located at the Plaza Mayor, it consists of a bronze statue of Count Pedro Ansúrez, founder of the town of Valladolid in the 11th century, topping off a stone pedestal with additional sculptural elements.

Predated by earlier failed attempts in the 19th century to erect a monument to the founder of the city,[1] the project of the statue was entrusted in the early 20th century to Aurelio Carretero, who, having started works in January 1901, completed the cast in April 1901, using bronze donated by himself.

[3] The stone pedestal was designed by municipal architect Juan Agapito y Revilla [es].

[1] The bronze elements displayed on the sides of the pedestal (also a work by Carretero) include an allegory of history, a cartouche reading "la ciudad de valladolid erige este monumento a la memoria de su protector y magnánimo bienhechor el conde d. pedro ansúrez.

siglos xi-xii" ("the city of Valladolid erects this monument to the memory of its protector and magnanimous benefactor Count D. Pedro Ansúrez.