Divna Extravagant, by Vladimir Nikolic, is a free Gothic initials font with the feel of carved heraldic lettering. The letters sit inside tall octagonal frames, drawn with doubled outlines and sharp inner cuts that make the whole font read like a set of architectural emblems rather than ordinary capitals.
That makes this free font a natural fit for monograms, book covers, title cards, posters, labels, and short mastheads where a single letter or compact word can carry the composition. It works especially well for drop caps and ceremonial branding, because the built-in border gives every character the presence of a badge or stone-cut initial.