1/4 Real

Guatemala's quarter real series of this period occupies an awkward position in the nation's monetary history — struck under the conservative governments following the fall of Rafael Carrera's first administration and then continuing through his restored rule until his death in 1865. The tiny denomination served indigenous market transactions and small daily commerce in a country where silver coinage of any size was chronically undersupplied relative to demand.

The .903 fineness matches the Spanish colonial standard Guatemala had inherited, a deliberate continuity that helped maintain acceptance in rural markets deeply skeptical of monetary reform.