 It was built in 1963, replacing an earlier sculpture, far greater than the current one, that was constructed in 1908 and dismantled by the Second Republic (1931–1939).It is located opposite the place where an attempt was made against the life of King Alfonso XIII on 31 May 1906, the day on which he married Victoria Eugenie of Battenberg.The assassination attempt occurred during the wedding parade held at the end of the religious ceremony of the Hieronymites, as the king was returning to the Royal Palace in the middle of a large crowd.