The great Memorial Anchor (Danish: Mindeankeret) at the end of Nyhavn, where it meets Kongens Nytorv, is a monument commemorating the more than 1,700 Danish officers and sailors in service for the Navy, merchant fleet or Allied Forces, who sacrificed their lives during World War II. The Anchor was inaugurated in 1951, replacing a temporary wooden cross erected on the spot in 1945, and has a plaque with a monogram of King Frederik VII on it. The Memorial Anchor is from 1872 and was used on the Frigate Fyn (Funen), which was docked at Holmen Naval Base during the Second World War.