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1/2 Real Transitional Coinage

Issuer Peru
Year 1858-1868
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Weight 1.25 g
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Reverse description Full-length draped figure of Liberty standing facing, crowned and veiled, holding a tall staff or lance in her right hand and a shield inscribed 'LIBERTAD' in her left. The figure stands on a raised platform or base. The circular legend 'FIRME Y FELIZ POR LA UNION' surrounds the design, with the mint mark 'M R' appearing in the lower field beneath the figure.
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Reverse lettering FIRME Y FELIZ POR LA UNION M R
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Additional information

Peru's mid-century coinage sits in an awkward monetary moment: the country had committed to decimalization but hadn't yet completed the transition, leaving the old colonial real system running in parallel with the new decimal sol. This half real was struck at Lima under exactly that administrative confusion, circulating alongside decimal centavos of nearly identical size and value — a situation that generated enough public bewilderment that counterfeit detection became a genuine problem in retail trade.

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