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1/4 Peso Pattern

Issuer Peru
Year 1823
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Value 2 Reales
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Reverse description Within a beaded inner circle, the denomination '1/4 DE PESO' is boldly inscribed in three lines across the central field, with the fraction expressed as '1' over '4'. The date '1823' appears in the lower exergue, flanked by dots. The circular legend '* REP * PERUAN *' arcs around the upper portion of the field. The entire design is enclosed by a rope-and-bead border with a reeded outer edge, consistent with the obverse treatment.
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Reverse lettering * REP * PERUAN * 1/4 DE PESO * 1823 *
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Additional information

Peru's 1823 coinage represents the first attempts at a national monetary identity following independence declared in 1821, and pattern issues from this period document the experimental decisions made before a standard coinage was settled. This copper quarter peso pattern corresponds to KM#Pn1, one of several trial pieces struck as the new republic's authorities worked through denominational and compositional options. Copper patterns of this denomination did not advance to circulation — silver remained the expected metal for fractional peso coinage.