Peru 1882-Ayacucho B 1/2 real

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Heritage sale 3014, lot 24625
photo courtesy Heritage Auction Galleries
CNG Lissner sale, lot 2085

History does not reveal why this coinage was felt to be necessary as the Lima mint was simultaneously striking the medio dinero, also of the same weight and fineness. One may note that 1882 was in the midst of the War of the Pacific and Lima was occupied by Chilean troops. The experiment does not seem to have been a success, as no other dates are known from Lima. There are some very rare issues from Ayacucho dated 1881-82 and a medio real dated 1882 (shown here).

The first specimen was lot 24625 and sold on Apr 16, 2011 for $1840 at the 2011 April Rosemont Signature World & Ancient Coins CICF Auction #3014 by Heritage Auctions. The catalog description noted:
"Ayacucho Provisional 1/2 Real 1882-B, AU58 NGC. This most enigmatic design, with its obsolete designation as being a Real denominated coin, has had a checkered history among numismatists, probably due to not fitting comfortably into any spot within their collection. Lustrous, with somewhat prooflike surfaces around Liberty's massive head, but with some field marks at the rim, Ex-Jim Elmen. From The Dana Roberts Collection."
The second specimen was lot 2085 in Classical Numismatic Group's auction of the Robert Lissner collection (Chicago, August 2014), where it sold for $1,452. The catalog description[1] noted, "PERU, Republic. 1821-present. AR 1/2 Real. Peseta coinage. Ayacucho mint. Dated 1882 LM. In NGC encapsulation graded AU 55. Very nice strike and usual somewhat crude dies. Lightly toned. Very rare minor coin and a one year only type. Most of these were used in jewelry and have been soldered or holed. Highest graded of the year and assayer."

Recorded mintage: unknown.

Specification: 1.250g, 0.900 fine silver, 0.0362 troy oz ASW, the first specimen 1.22 grams, the second specimen Ø15 mm, 1.25 g, 6h axis.

Catalog reference: KM 202; Y 28.


  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • Elizondo, Carlos A., Eight Reales and Pesos of the New World, San Antonio, TX: 1968.
  • Raymond, Wayte, The Silver Dollars of North and South America, 2nd Ed., Racine, WI: Whitman Publishing, 1964.
  • [1]Teller, M. Louis, and Victor England, Jr., The Richard Lissner Collection, Lancaster, PA: Classical Numismatic Group, 2014.

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