I have been looking for years for a monogram font, and I have finally found one. I had some requirements, deco-esque, free, bordered, and this one was the one.
You can download it for free here by clicking the download link at the bottom of the page. He has some other cool fonts available as well. There is a whole set of monograms for under $30.
I do love free fonts. If you do too, check out dafont and font garden for some great ones.
Now, I just have to figure out what to do with my monogram. Too bad I don't have an embroidery machine.