Crayon Elegant, by Vladimir Nikolic, is a free Art Deco monogram display font that treats the caps like small gallery plaques. The letters are drawn with a clean geometric hand - round O, open C, sharp A, forked Y - and each one sits inside a square frame with layered borders and a dotted inner trim, giving the whole font a poised, ornamental rhythm.
That built-in framing makes it a natural free font for logos, boutique packaging, book covers, title cards, and invitation headings where a single letter or short word needs a self-contained emblem. It also suits drop caps and monograms especially well, because the border turns each character into its own finished badge.