The Statue of Liberty is located in front of the Citadel on Gellert Hill. It is the largest monument in a group of three bronze statues which were installed in honor of the soldiers who liberated Hungary from the Nazis during World War II. The Statue of Liberty has appeared on the hill in 1947. Site selection was due to the fact that the 14-meter figure of a woman in the 26-meter pedestal with a raised palm branch in his hand was visible from almost anywhere in Budapest.

  According to legend, in the hands of women it was initially propeller, as a reminder that died during the war, the son of Hungarian Regent Miklos Horthy was a test pilot. After retiring from the Nazis in February 1945 the propeller was replaced by a palm branch, as Miklós Horthy was close to Hitler's regime.

  Other statues of the monument - drakonoborets, zanesshego fist over the dragon, and the torchbearer with the flame of freedom in his raised right hand. The Statue of Liberty is the motive forintovoy 10 coins of the series. issued before 1990.

  The original inscription on the plaque in the Hungarian and Russian reads: In memory of the heroes of the liberation of the Soviet grateful Hungarian people. In 1989, after the country's transition from communism to democracy, the inscription was changed: the memory of all who gave their lives for the independence, freedom and prosperity Hungary.