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1/4 Peso Provisional Coinage

Issuer Peru
Year 1823
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Value 2 Reales
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Reverse description The reverse presents the denomination in three lines across the central field, reading QUARTO / DE PESO, with the date 1823 positioned along the lower arc within the inner border. The legend REPUBLICA PERUANA curves along the upper periphery, separated from the central inscription by a continuous beaded border. A wreath of olive or laurel branches encircles the central field. The rim is defined by a prominent reeded border consistent with the obverse. The lettering is bold and well-spaced, typical of the Lima Mint's provisional issues of 1823.
Reverse script Latin
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Additional information

Peru's 1823 provisional copper coinage was struck under genuinely chaotic conditions — the country had declared independence in 1821 but Spanish royalist forces still controlled much of the territory, including at various points the Lima mint itself. The provisional issues filled an immediate need for small change during a period when the new republic's monetary infrastructure barely existed on paper, let alone in metal.

KM#138 is known with significant die crudeness, a direct consequence of hasty production rather than skill shortage. The Lima mint had experienced engravers; it simply lacked the political stability to use them properly.

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