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<p>[QUOTE=&quot;Eduard, post: 822983, member: 8959&quot;]Here is some brief bakground to this coinage:</p><p><br /></p><p>This Transitional or Provisional Coinage was issued between 1880 and 1882 in Peru as an answer to the rapidly devaluing currency which then circulated in the country (the Sol).&nbsp; This devaluation was caused by the economic problems brought about by the on-going war between Peru and Chile, which had started in 1879.&nbsp; </p><p><br /></p><p>Robert Briten, an englishman employed by the peruvian mint designed the coin.&nbsp; The name Peseta was chosen due to the need to differentiate this coinage from the much devalued Sol. It was issued in the 1 and 5 peseta denomination at the capital city Lima, and in 1882, in 1/2 Real and 5 Peseta denomination at the emergency mint of Ayacucho (caused by the Chilean occupation of Lima in 1882).&nbsp;&nbsp; </p><p><br /></p><p>The Lima issues are not scarce. In fact they are quite commonly encountered. This applies to both the 1 Peseta and 5 Peseta coins. </p><p>On the other hand, the Ayacucho issues are quite scarce, with the 1/2 real being quite rare.</p><p><br /></p><p>This design is considered to be one of the most beautiful peruvian coin designs of the republican period.[/QUOTE]</p><p><br /></p>

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