OsmenaPhilippine Currency During World War TwoLaphamPhilippine 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 The 500 Peso Philippine Victory Notes were demonetized by the Philippine government on December 31, 1957, and were withdrawn from circulation.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 3 of 5. Average Rating:

erpumimeg   aladnom

6:51am on Thursday, April 5th, 2012 

we got 1 duffle bag...and other documents of japanese..but the other papercoins..was been damage a little bit...somebody want to buy it? just contact us here 09185455098

vfdivinof@yahoo.com   philippines

6:42pm on Monday, March 26th, 2012 

i also have a lot of these in mint condition, what is its value?

Carol   Maine

10:27am on Saturday, March 10th, 2012

I have "The Japanese Government Ten Centavos PU in Red". Is this of any value

Diana ramsey   Tracy, Ca.

9:07am on Tuesday, March 6th, 2012 

I have a total of 6 "2 Piso" paper money from Bango Sentral dated 1949. 4 of them are consecutive serial numbers. How much are they worth?

Sheila Laffey   Santa Monica, CA

2:11pm on Friday, February 24th, 2012

does anyone know how much
P102 and P112 are worth?

marlo dognidon   imus cavite

9:15am on Friday, February 17th, 2012 

i own a 10centavos,20centavos philippine money bill,can i sell it to collectors? how much are these worth?

beach flower   USA

2:30pm on Monday, January 2nd, 2012

I have 10 Piso Sampung Piso with Apolinario Mabini Photo. What's it

grace mendoza   california

8:50am on Wednesday, December 28th, 2011

how much the worth of victory bill.

grace mendoza   .california

1:29pm on Tuesday, December 27th, 2011 

i would like to sell of 2 victory money, now i want to know if how much the change.

Mary LeFlore   Oklahoma Ciity, Ok USA

8:42pm on Monday, December 12th, 2011

I have a papaeer with date of 1949, Dalawampung Piso , 20 on the corners. Written at the top is Republika Ng Pilipinas. What is the value of this money?

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