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VICTORY Series Bank Note's
Philippine Paper Money
Victory issue
The Victory' series note 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.
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:
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)
1 One Peso
Very Good Very Fine Uncirculated
VG VF Unc
Sign. S. Osmena & J. Hernandez. $0.50 $1.00 $3.50
VG VF Unc
Sign. S. Osmena & J. Hernandez. $0.50 $1.00 $3.50
2 Two Pesos
VG VF Unc
a. Sign. S. Osmena & J. Hernandez w/ $0.75 $1.50 $10.00
title: Auditor General.
b. Sign. M. Roxas & M. Guevarra w/ 2.50 7.50 30.00
title: Treasurer.
a. Sign. S. Osmena & J. Hernandez w/ $0.75 $1.50 $10.00
title: Auditor General.
b. Sign. M. Roxas & M. Guevarra w/ 2.50 7.50 30.00
title: Treasurer.
5 Five Pesos
VG VF Unc
Sign. S. Osmena & J. Hernandez (1944). $1.50 $4.50 $25.00
Sign. S. Osmena & J. Hernandez (1944). $1.50 $4.50 $25.00
10 Ten Pesos
VG VF Unc
Sign. S. Osmena & J. Hernandez (1944). $2.50 $6.00 $40.00
Sign. S. Osmena & J. Hernandez (1944). $2.50 $6.00 $40.00
20 Twenty Pesos
VG VF Unc
a. Sign. S. Osmena & J. Hernandez w/ $3.50 $12.00 $65.00
title: Auditor General.
b. Sign. M. Roxas & M. Guevarra w/ 10.00 30.00 100.00
tilte: Treasurer.
a. Sign. S. Osmena & J. Hernandez w/ $3.50 $12.00 $65.00
title: Auditor General.
b. Sign. M. Roxas & M. Guevarra w/ 10.00 30.00 100.00
tilte: Treasurer.
50 Fifty Pesos
VG VF Unc
a. Sign. S. Osmena & J. Hernandez w/ $15.00 $40.00 $115.00
title: Auditor General.
b. Sign. M. Roxas & M. Guevarra w/ 20.00 60.00 150.00
tilte: Treasurer.
a. Sign. S. Osmena & J. Hernandez w/ $15.00 $40.00 $115.00
title: Auditor General.
b. Sign. M. Roxas & M. Guevarra w/ 20.00 60.00 150.00
tilte: Treasurer.
100 One Hundred Pesos
VG VF Unc
a. Sign. S. Osmena & J. Hernandez w/ $25.00 $75.00 $175.00
title: Auditor General.
b. Sign. M. Roxas & M. Guevarra w/ 40.00 100.00 225.00
tilte: Treasurer.
a. Sign. S. Osmena & J. Hernandez w/ $25.00 $75.00 $175.00
title: Auditor General.
b. Sign. M. Roxas & M. Guevarra w/ 40.00 100.00 225.00
tilte: Treasurer.
500 Five Hundred Pesos
VG VF Unc
a. Sign. S. Osmena & J. Hernandez w/
title: Auditor General. $125.00 $350.00 $750.00
b. Sign. M. Roxas & M. Guevarra w/ 150.00 400.00 850.00
tilte: Treasurer.
c. Sign. M. Roxas & M. Guevarra 125.00 350.00 750.00
a. Sign. S. Osmena & J. Hernandez w/
title: Auditor General. $125.00 $350.00 $750.00
b. Sign. M. Roxas & M. Guevarra w/ 150.00 400.00 850.00
tilte: Treasurer.
c. Sign. M. Roxas & M. Guevarra 125.00 350.00 750.00
Republic Victory issue with
"Central Bank of the Philippines"
Republic Act No.265 created the Central Bank of the Philippines (CBP) on January 3, 1949, which was vested the power of administering the banking & credit system of the country. Initially, the CBP issued the Victory Notes with the overprint (in red ink) " Central Bank of the Philippines " in 1949. The first official banknotes issued by the Central Bank were the English series in 1951.
The Obverse and Reverse notes, the same images at the above except the overprint at the back with
" Central Bank VICTORY of the Philippines "
The Obverse and Reverse notes, the same images at the above except the overprint at the back with
" Central Bank VICTORY of the Philippines "
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1 One peso
Very Good Very Fine Uncirculated
VG VF Unc
Sign. S. Osmena & J. Hernandez
a. Thick lettering in ovpt. $1.00 $2.00 $8.50
b. Medium-thick lettering in ovpt. 1.50 3.00 10.00
c. Thin lettering in ovpt. 1.00 2.00 8.50
VG VF Unc
Sign. S. Osmena & J. Hernandez
a. Thick lettering in ovpt. $1.00 $2.00 $8.50
b. Medium-thick lettering in ovpt. 1.50 3.00 10.00
c. Thin lettering in ovpt. 1.00 2.00 8.50
2 Two pesos
VG VF Unc
Thick lettering in ovpt.
a. Sign. S. Osmena & J. Hernandez - RARE -
b. Sign. M. Roxas & M. Guevarra $4.00 $8.00 $35.00
Thick lettering in ovpt.
a. Sign. S. Osmena & J. Hernandez - RARE -
b. Sign. M. Roxas & M. Guevarra $4.00 $8.00 $35.00
5 Five pesos
VG VF Unc
a. Thick lettering in ovpt. $3.00 $7.50 35.00
c. Thin lettering in ovpt. 2.00 5.00 25.00
10 Ten pesos
VG VF Unc
a. Thick lettering in ovpt. $5.00 $15.00 $50.00
a. Thick lettering in ovpt. $5.00 $15.00 $50.00
20 Twenty pesos
VG VF Unc
Thick lettering in ovpt.
a. Sign. S. Osmena & J. Hernandez $7.50 $25.00 $80.00
b. Sign. M. Roxas & M. Guevarra 7.00 20.00 75.00
Thick lettering in ovpt.
a. Sign. S. Osmena & J. Hernandez $7.50 $25.00 $80.00
b. Sign. M. Roxas & M. Guevarra 7.00 20.00 75.00
50 Fifty pesos
VG VF Unc
Thin lettering in ovpt.
a. Sign. S. Osmena & J. Hernandez $18.00 $65.00 150.00
b. Sign. M. Roxas & M. Guevarra 15.00 50.00 135.00
Thin lettering in ovpt.
a. Sign. S. Osmena & J. Hernandez $18.00 $65.00 150.00
b. Sign. M. Roxas & M. Guevarra 15.00 50.00 135.00
100 One Hundred pesos
VG VF Unc
Thick lettering in ovpt.
a. Sign. S. Osmena & J. Hernandez $30.00 $75.00 $210.00
b. Sign. S. Osmena & M. Guevarra 25.00 65.00 175.00
c. Sign. M. Roxas & M. Guevarra 20.00 60.00 160.00
Thick lettering in ovpt.
a. Sign. S. Osmena & J. Hernandez $30.00 $75.00 $210.00
b. Sign. S. Osmena & M. Guevarra 25.00 65.00 175.00
c. Sign. M. Roxas & M. Guevarra 20.00 60.00 160.00
500 Five Hundred pesos
VG VF Unc
Thick lettering in ovpt.
a. Sign. S. Osmena & J. Hernandez $150.00 $425.00 800.00
b. Sign. S. Osmena & M. Guevarra 125.00 350.00 700.00
c. Sign. M. Roxas & M. Guevarra 115.00 300.00 600.00
Thick lettering in ovpt.
a. Sign. S. Osmena & J. Hernandez $150.00 $425.00 800.00
b. Sign. S. Osmena & M. Guevarra 125.00 350.00 700.00
c. Sign. M. Roxas & M. Guevarra 115.00 300.00 600.00
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