1/2 Real

Guatemala's fractional silver coinage of the early 1890s was issued under the liberal reform government that had displaced conservative rule in 1871, with the monetary system still nominally tied to the Central American peso standard even as paper currency increasingly dominated daily commerce. By 1893, coined silver of this denomination was already being edged out by fiduciary notes, making actual circulation of small silver fractions brief and uneven across the republic's provinces.