Madonna Verona fountain represents a symbolic personification of the city and is the oldest monument adorning the square: it is approximately two thousand years old. Originally, the statue erected in the Forum in 380 A.D. by Valerio Palladio, stood in the Campidoglio.

The lower lap is formed by four crowned heads in whose diadems are written, in Gothic letters, the names of those who took part in the events of the city according to the history or legend. These were Vero, Alboin king of the Lombards, Berengar emperor, and Verona queen. 

To complete the symbol, a radiated crown was placed on the statue's head, while in its hands was placed a ribbon with the old motto of the municipality: 'This city is a dispenser of justice and a lover of praise'. The statue, symbol of the city, embodies the splendour and wealth of Verona and expresses:

• longevity, through the body of the Roman age;
• development, as it witnesses the evolution of the city under the Scaliger Seigniory in medieval times