LaphamPhilippine Currency During World War TwoOsmenaPhilippine Currency
During World War Two










'Victory' series

The 'Victory' note series was printed in 1944, to be used upon the return of MacArthur. When he came ashore in Leyte on Oct. 20th, 1944, he was purportedly carrying some of these in his pocket. They definately brought many crates full of these notes with them during this landing.

According to a BEP report the number 66 (for the series) was chosen because that was President Quezons age when he died just prior to the liberation of the Philippines.

VICTORY notes were printed at the U.S. BUREAU of Engraving and Printing- the last Philippine currency printed by the US. Replacement notes are indicated by a star prefix to the serial number. There are also signature combinations which are harder to find. The signature combinations are as follows:

  • S. Osmena and J Hernandez (w/ title of Auditor General) [most common except for 500P]
  • S. Osmena and M. Guevara (w/ title of Treasurer) [100 & 500 only - rare]
  • M. Roxas and M. Guevara (not found on 1, 5 or 10 - rarest on others]
Denomination & DescriptionSignatureDelivered
1 peso, MabiniS. Osmena, J.Hernandez61,192,000
2 pesos, RizalS. Osmena,J.Hernandez16,231,272
5 pesos, McKinley & DeweyS. Osmena, J.Hernandez17,355,000
10 pesos, WashingtonS. Osmena, J.Hernandez16,825,600
20 pesos, Mt MayonS. Osmena, J.Hernandez12,439,635
20 pesos, Mt MayonManuel Roxas, M.Guevara1,063,765
50 pesos, Gen LawtonS. Osmena, J.Hernandez1,884,686
50 pesos, Gen LawtonManuel Roxas, M.Guevara456,414
100 pesos, MagellanS. Osmena, J.Hernandez487,335
100 pesos, MagellanS. Osmena, M. Guevara363,266
100 pesos, MagellanManuel Roxas, M.Guevara404,799
500 pesos, LegaspiS. Osmena, J.Hernandez12,991
500 pesos, LegaspiS. Osmena, M. Guevara130,725
500 pesos, LegaspiManuel Roxas, M.Guevara163,284

These currency notes were for use only in the Philippines, and were obligations of the Philippine Treasury. The 500 Peso Philippine Victory Notes were demonetized by the Philippine government on December 31, 1957, and were withdrawn from circulation. At that point, other denominations of the Philippine Victory Notes, Victory Series 66, were no longer regarded as legal tender but could be exchanged or replaced at par, without charge, for legal currency until July 30, 1967. After that date, Series 66 was considered demonetized.

Special 'Victory' series issues

Central_Bank_overprint


Signatures on 'Victory' series notes

sig0
SIG_JHernandez.jpg
sig1
SIG_MGuevara.jpg
sig2
SIG_MRoxas.jpg
sig3
SIG_SOsmena.jpg

'Victory' series notes

0
P094
1
P095
2
P096
3
P097
4
P098
5
P099
6
P100
7
P101

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