The monument designed by sculptor Gustav Schmidt-Kassel was opened in Riga on July 4, 1910, in honor of the 200th anniversary of the annexation of Riga to the Russian Empire. It has trod the thorny path, just like Peter himself.

The statue was evacuated from Riga in 1915, during WW1 (to avoid soldiers melting it into bullets), but the ship sank.

In 1934, the monument was raised from the seabed by Estonian divers. After the restoration of Latvia's independence monument was restored by entrepreneur E. Gomberg and now it’s located on private property in Riga.

Sources: Bronze statue of Russian Czar Peter the Great on horseback in Riga, Latvia