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<p>[QUOTE=&quot;scottishmoney, post: 1256486, member: 12789&quot;]Overprints were done as WWII was ending in the Philippines - the notes were overprinted with &quot;Victory&quot; to celebrate the end of the Japanese occupation.&nbsp; I know there are specialist references specific to Philippines banknotes, and someone else can chime in on those.&nbsp; I collect the notes from the Bank of the Philippine Islands, which was effectively the Philippine equivalent to a US National Bank and still operates as a commercial institution in the Philippines:</p><p><br /></p><p><img src="http://www.scottishmoney.net/banknotes/philippines/philippines5peso1928.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" />[/QUOTE]</p><p><br /></p>

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