1/2 Dinero

Peru's fractional silver coinage of this period was issued under the monetary system established by the 1863 decimal reform, which replaced the old real with the sol. The half dinero occupied the lowest denomination in silver, and its small size made it genuinely useful for daily transactions at a time when paper currency remained deeply distrusted in the provinces. Production ran across multiple Lima Mint issues over nearly three decades, with output varying sharply year to year depending on silver supply from the Andean mines — themselves still recovering from the economic devastation of the War of the Pacific, which ended in 1884.