(Ordinul Carol I). Instituted on 10 May 1909 by King Carol I to celebrate the Ruby Jubilee of 40 years of his reign. In silver gilt, consisting of a red enameled Maltese cross with clusters of eight individual gilt rays in each quadrant, obverse centre presenting a leftward facing Romanian Eagle clutching the Sword of King Carol I and the Royal Mantle in its talons as well as an Othodox cross in its beak, a Gold portrait of Carol I at centre with laurels below, a ribbon intertwined presenting the Motto of the Order in blue enamels PRIN STATORNICIE LA IZBÂNDĂ ("To Victory Through Steadiness"), reverse centre presenting the silver gilt cypher of Carol I with blue enamel surround with coronation date May 10th 1866 and institution year of 1906, ring with partial hallmark 900 denoting silver content, without makers mark however exhibiting the manufacturing characteristics of Resch, Bucharest, measuring 59 mm (w) x 84 mm (h - inclusive of Romanian Crown with horizontally pierced suspension adorned by cross), with minor enamel contact, extremely fine.