Note from Philippines

Discussion in 'Paper Money' started by justforthis06, Jun 25, 2005.

  1. justforthis06

    justforthis06 New Member

    I've had this note for a while now. It was a bonus that somebody threw in from an auction on ebay. Its from the Philippines and its a "Victory" note. I always assumed that it was from WW2. But I just read the small print on the top of the bill, and it says, "By authority of an act of the Philippine Legistature, approved by the President of the United States, June 13, 1922. Its a 1 peso note, and its "Payable to the bearer on demand in silver pesos or in legal tender currency of the United States of equivalent value" It also says that "Victory series No. 66" and on the back, in the center it says "One Philippines Peso" and over that in big black letters in the word "Victory" does anybody know anything about this note???
     
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  3. KLJ

    KLJ Really Smart Guy

    The Philippines was a possession of the United States from 1898 (when we got them from the Spanish after the Spanish-American War) until 4 July 1946. When the Japanese invaded the Philippines in December 1941, plans were already in place to grant the Philippines indepedence. They were put on hold until the end of the war. This note then dates somewhere from the ending of World War II in the Pacific in September 1945 to to Philippine independence in July 1946.

    I have one too.
     
  4. justforthis06

    justforthis06 New Member

    After doing some looking, I think it is a 1922 note. I looked on Ebay, and saw others just like it, but the dates were different. I saw one with 1936, and one with 1945 and they both said "Victory" on them.

    Here is a link to one just like mine, its an auction on ebay: http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&category=4369&item=5784593950&rd=1
     
  5. KLJ

    KLJ Really Smart Guy

    I have the same series you do. I call your attention to the notation in the lower left hand corner of the note on the ebay auction. It says "Victory Series 66." I know the Japanese occupation authorities destroyed as much of the antebellum currency as they could get their hands on so that the Japanese created currency would be the only choice the Phillipino people had. Doing that was intended to lock the Phillipines into the "Greater East-Asia Co-Prosperity Sphere." Perhaps at the end of the war the Commonwealth government issued new notes under the old authority of the 1922 and 1936 legislation, and new 1945 legislation. Just a guess.

    I do know that the resistance issued low-quality notes during the Japanese occupation, and that these are very rare.
     
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