50 Centavos

The 1892 coinage of El Salvador was issued to mark the quatercentenary of Columbus's 1492 voyage, the same commemorative impulse that drove numerous Latin American republics to reform or reissue their coinage that year. El Salvador had only recently stabilized its monetary system following the Currency Law of 1883, which pegged the peso to silver and displaced the earlier reales-based accounting.

KM#112 was struck at the San Francisco Mint under contract — a common arrangement for Central American nations lacking domestic minting capacity in this period.