KangleonPhilippine Currency During World War TwoWainrightPhilippine 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 The 500 Peso Philippine Victory Notes were demonetized by the Philippine government on December 31, 1957, and were withdrawn from circulation.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 4 of 5. Average Rating:

Mary LeFlore   Oklahoma Ciity, Ok USA

8:24pm on Monday, December 12th, 2011

How much is my Dalawampung Piso 20 worth. Right bottom corner has Saligang Batas 1935

mikebeo   makati

9:03pm on Wednesday, November 30th, 2011

i have 100 and 1 peso victory series money its for sale txt me if ur interested 09212908989

D. Johnson   Ohio

11:37am on Sunday, November 13th, 2011 

Have 1 victory note. series P094
sig; JHernandez

wonder of value

candu lee   north carolina

11:26am on Wednesday, August 24th, 2011 

I have a 10 centavos- the japanese government. Both sides have a Pwoth AH under them

Sandie Smith   Andover, KS

8:33am on Wednesday, July 20th, 2011 

I have a series no. 66 Victory note. Is it worth anything more than it's face value? I also 2 different peso from 1949 in good condition; worth anything?

ronald   zamboanga city

5:01am on Saturday, June 25th, 2011

I have 1 2(two)pesos victory series 66 with serial number of F04428366.

isip,riezel   cagayan de oro city

4:07pm on Friday, June 24th, 2011

HI JIM i have 1 5peso serial #0769041 and 3 ten peso serial #0490593,#0731151,#0645776 during japanese ..IS IT GENUINE OR NOT....TNX

Walt deLorrell   Culver City, Ca.,USA

6:56pm on Tuesday, June 7th, 2011 

Is there a source listing the block letters used on the centavo notes? Did the 50 Centavos note use block letters other than PI?

norvzky   Jolo, Sulu

4:09pm on Monday, March 28th, 2011

i have 1 peso 10pcs and 2 pesos 1 pc victory notes

donnie diseker   bradenton fl,34208

10:32pm on Wednesday, January 19th, 2011

helo jim the one you have her i have all of them in covers real good shap too

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