2 1/2 Pesos

This coin was struck to commemorate the 400th anniversary of Columbus's 1492 arrival in the Americas — the same occasion that prompted a wave of commemorative issues across Latin America in 1892. El Salvador's participation in that numismatic moment was modest: the 2½ Pesos denomination was part of a short series that also included 1, 5, 10, and 20 Peso gold pieces, all produced in limited quantities and none intended for serious circulation. The fractional denominations in particular saw almost no commercial use.

KM#116 is scarce in any grade. The Philadelphia Mint struck these on contract.