Picked a couple of Phillipines Notes Today

Stopped by the local coin shop today and picked a couple of bills for $14.00 total. Not sure if they were created by ABNCo or BEP.
Anybody know when they were printed and what the word VICTORY on the reverse means?

 

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The victory is in celebration of the allied victory in world war 2 and the liberation of the phillipine isands

 

Thanks. Any idea what they're worth? The dealer told me he gave me a break on the price.

 

Nice pick ups

 

I've seen them on ebay ,check there for a ball park estimate,nice pick up.
I think their are a few more "VICTORY" to that series,be careful on eBay,buy from your dealer if he has them.Or graded preferably PMG or PCGS

 

Thanks for the advice I'm doing everything I can to avoid ebay when possible.I hear you re:grades.
Besides, I really enjoy going to this shop. After entering the shop I'm greeted by a full bucket of coins about 12' inside the door. TodaY the bucket was overflowing onto the floor. I've never asked what's up with the bucket. Every time I go in there's different piles of stuff on the counters. Today I asked to see their foreign currency. Turns out they have two different boxes of different quality foreign currency.

 

SCWPM has them at:
1 peso VG: 0.75; VF: 3.00; Unc: 11.00
2 pesos VG: 1.00: VF: 4.00; Unc: 20.00 (signature variety a)

Printed under US administration by
US Banco Espagnol Philippines (USBEP)

 

Great, they appear to be uncirculated to me.

Thanks

 

USBEP is United States Bureau of Engraving and Printing. These notes were printed by the BEP.

 

I thought they might have been printed by the BEP. I believe every ABNCo note I've seen states it was printed by ABNCo.

 

Im a Filipino and that paper bill came from my country,cool..

I already have the 1 peso Victory..

 

They are nice bills. I'm going to collect the set after I learn which bills I need to collect

 

Does anybody know how many different bills are in the series and what are the denominations?

 

I'm no scholar of the area, but looking at SCWPM I see the two you have as P94 and P95, and the series is P94-P101 (1 peso, 2, 5, 10, 20, 50, 100, and 500 pesos). Then there is another printing released in 1949, of the same notes but the back is overprinted "Central Bank of the Philippines" as well as "Victory", those are P117-P124.

Just so you know, there appears to be an exponential curve relating the face value and the UNC price in Pick....

Dave

 

Posted these on an earlier thread - but still fit in ...

 

Thanks Dave, that gives me enough to get started. If it isn't too much trouble will post the values for the rest of the bills in the Victory only series or refer me where I can check the prices myself?

Nice bill, LR

 

If you're going to collect general World notes, SCWPM is *the* catalog you need. Mine's probably 10 years old or so (8th edition), but this will give you an idea (prices UNC):
P94, 1 peso $6
P95 2p $12.50
P96, 5p $40
P97, 10p $75
P98, 20p $100
P99, 50p $300
P100, 100p not priced
P101, 500p not priced

That's for the cheapest varieties of the notes.

Dave

 

I'll have to pick up a copy of SCWPM. You're right the cost of the notes goes up quite as bit

 

midas...

Go to www.banknotebank.com

Click on the top 25 collections and look for a guy named "Mariner" he has a very indepth collection of P.I. notes. Many years ago I was stationed in Subic Bay...

Good luck

RB

 

very pretty and colorful notes.