This 1906 commemorative medal with original ribbon honors the legacy of Carol I, the first king of Romania, and draws a symbolic connection to Roman heritage through Emperor Trajan. The obverse presents a central bust of Carol I, accompanied by the full inscription: “CAROL I PRIMUL REGE AL ROMANIEI 1906”, celebrating both his reign and the 40th anniversary of Romania's independence, achieved under his leadership.

On the reverse, a central bust of Roman Emperor Trajan is featured, emphasizing the historical lineage and identity of the Romanian people. The reverse bears the inscription: “TRAJAN CUCERITORUL DACIEI SI INTEMEETORUL NEAMULUI ROMANESC 106”, referring to Trajan as the conqueror of Dacia and founder of the Romanian nation. This numismatic piece symbolizes both modern and ancient pillars of Romanian statehood and is a significant addition for collectors of historical and national commemorative exonumia.