The spruced up Prince Albert monument, in Queen Square has been unveiled following the restoration works.
The repairs on the statue, locally referred to as the "Man on the 'Oss" included repairs to the corroded bronze, the granite plinth, damaged stirrup and the bent scabbard.
All parts of the bronze statue have been thoroughly cleaned and repolished by the specialist contractors, Eura Conservation.
It will also feature in a forthcoming episode of the BBC show Great British Railway Journeys, presented by Michael Portillo.
The former MP was in Wolverhampton last month and will showcase a number of city attractions, including the Prince Albert Statue in an episode to be broadcast later this year.
The statue, created by Thomas Thornycroft, portrays Prince Albert on horseback in the military uniform of a Field Marshall and displaying the Order of the Garter.
It was unveiled in 1866 when Queen Victoria visited Wolverhampton - her first public engagement following the death of Prince Albert. In honour of the occasion, the High Green was renamed Queen Square.
Councillor Peter Bilson, Wolverhampton City Council's Cabinet Member for Economic Regeneration and Prosperity, said: "We are delighted with the final results of this long overdue work.
"The repairs have made significant improvements to what is a recognised landmark in the city and one of great historical importance.
"It is great to see the statue taking pride of place in the city centre and restored to its former glory."
- released: Thursday 16 May, 2013