1/2 Real North Peru

The Republic of North Peru was a short-lived state created in 1836 when Andrés de Santa Cruz's Peru-Bolivian Confederation split the country into two administrative units — North Peru and South Peru — to consolidate his political project across the Andes. The whole structure collapsed in 1839 after Chilean and Peruvian rebel forces defeated Santa Cruz at the Battle of Yungay in January of that year, making this 1839 issue one of the final coins struck under the Confederation's northern authority before the republic was dissolved.

KM#163 is scarce in any grade, a direct consequence of the mint's curtailed operations during the political disintegration of that final year.