"Sigurd is a legendary hero of Norse mythology, as well as the central character in the Völsunga saga. The earliest extant representations for his legend come in pictorial form from seven runestones in Sweden and most notably the Ramsund carving (c. 1000) and the Gök Runestone (11th century).
As Siegfried, he is one of the heroes in the German Nibelungenlied, and Richard Wagner's operas Siegfried and Götterdämmerung.
In the Middle High German Nibelungenlied, Siegfried is a prince of Xanten who is later revealed to have a heroic background including killing a dragon and winning lands and an immense fortune from a pair of brothers. From bathing in the dragon's blood, he is invulnerable except for a spot on his back where a leaf adhered to his skin. Determined to marry Kriemhild, the sister of King Gunther of the Burgundians, he assists Gunther in wooing Brünhild, queen of Iceland, using his cloak of invisibility to enable Gunther to beat the phenomenally strong queen at javelin throwing, boulder tossing, and the long jump. He also single-handedly conquers Nibelungenland to provide troops in case Brünhild tries to kill Gunther and his kin.
Finally married to Kriemhild, he then wrestles Brünhild into submission, again invisible, so that Gunther can consummate his marriage. He gives Kriemhild Brünhild's ring and belt. After some years, the two queens quarrel over precedence, and Kriemhild shows Brünhild the ring and belt and calls her Siegfried's concubine. Siegfried and Gunther make peace, but Gunther's courtier Hagen von Tronje plots to kill Siegfried and Gunther and his brothers go along with the plan. Hagen has Kriemhild place a cross on the spot on Siegfried's back where he is vulnerable, and spears him when he is drinking from a stream on a hunting trip, thus fulfilling a prophecy that whomever Kriemhild marries will die violently. He throws Siegfried's treasure into the Rhine so that Kriemhild cannot raise an army. The second half of the epic concerns her revenge."
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The monument shows Siegfried with with lowered sword.
The Siegfried statue was erected in 1938 as a memorial to the dead of the First World War. The four meter high statue is located on Konrad-Adenauer-Straße in Hangelar. The figure, made of basalt lava from the Eifel region and its substructure, measures more than five metres in height. It was created by the Cologne sculptor Adalbert Hertel.
In 1996 a plaque was placed at the front of the pedestal calling for the outlawing of fascism and war.