OsmenaPhilippine Currency During World War TwoPanlilioPhilippine 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 The 500 Peso Philippine Victory Notes were demonetized by the Philippine government on December 31, 1957, and were withdrawn from circulation.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


Signatures on 'Victory' series notes


'Victory' series notes


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Comments to date: 50. Page 2 of 5. Average Rating:

john   lake havasu city az

11:51am on Monday, January 14th, 2013

whats a series 66 one peso victory note worth?

Thomas   Carlson

1:18pm on Wednesday, December 12th, 2012

I have a One Peso with the # {84}where there were only 5 prints. Is it of any value? It is in very good condition.

Jim Tamboles   South Florida

1:19pm on Saturday, December 8th, 2012 

Have notes $2, $5, $10, $50 and $100. Most are in excellent condition. What are they worth and where can I sell at?


4:28am on Saturday, October 20th, 2012 

I have JIM notes at hand. Can these be converted into current philippine currency/peso now?

jere mccarthy   east millinocket maine 04430

8:01pm on Monday, September 3rd, 2012

i have a p095 victory note . whats it worth.

camelia   San jose California

3:59pm on Friday, July 20th, 2012

i have a one peso philippines victory 66 its dated june 13,1922. how much is it worth someone offered me 2,000

gibbie   manila

6:58pm on Thursday, July 12th, 2012 

i have it all exept for the 500 bill and i want to sell it all for 3,000 all of it almost 90 pcs 10 peso bill 20pcs,5peso bill,10 pcs 1peso bill and 1pcs 100 bill,txt me at 09391939951

cj   rp

3:37am on Monday, July 2nd, 2012 

i have the one peso japanese era money.. how much would it cost now?

Jeffrey LaVelle Cleghorn   Washington

10:47am on Friday, June 1st, 2012

A friend of mine has 2 of the centavo pieces from 44 US issue. What can I buy those from him for?

Donna Lizelle Cristobal   Caloocan city, Philippines

2:11am on Saturday, April 21st, 2012 

I have all this.. hundreds of this

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