{"product_id":"philippines-1944-1-peso-034-victory-034-treasury-certificate-signed-bernard-bernstein","title":"Philippines 1944 1 Peso \"VICTORY\" Treasury Certificate Signed Bernard Bernstein","description":"\u003cdiv id=\"csgGallery\"\u003e\n\u003cdiv id=\"csgGalleryPos\"\u003e\n\u003cdiv id=\"csgPlatformLinkDiv\"\u003e\n\u003ca href=\"https:\/\/auth.ebay.com\/oauth2\/authorize?client_id=AUCTIVACORT1PCHF6D515E51ZQDYJ4\u0026amp;redirect_uri=Auctiva_Corpora-AUCTIVACORT1PCH-oxgahqg\u0026amp;response_type=code\u0026amp;state=eyJTZXNzaW9uSWQiOiJzZ0xpbmsiLCJSZXR1cm5VcmwiOm51bGwsIklzU2lnbmluZ1VwV2l0aEViYXkiOnRydWUsIklzRWJheURpcmVjdFNpZ251cCI6dHJ1ZSwiT0F1dGhTY29wZVZlcnNpb25JZCI6M30%3d\u0026amp;scope=https:\/\/api.ebay.com\/oauth\/api_scope%20https:\/\/api.ebay.com\/oauth\/api_scope\/sell.marketing%20https:\/\/api.ebay.com\/oauth\/api_scope\/sell.inventory%20https:\/\/api.ebay.com\/oauth\/api_scope\/sell.account%20https:\/\/api.ebay.com\/oauth\/api_scope\/sell.fulfillment%20https:\/\/api.ebay.com\/oauth\/api_scope\/sell.analytics.readonly%20https:\/\/api.ebay.com\/oauth\/api_scope\/sell.finances%20https:\/\/api.ebay.com\/oauth\/api_scope\/commerce.identity.readonly%20https:\/\/api.ebay.com\/oauth\/api_scope\/commerce.notification.subscription%20https:\/\/api.ebay.com\/oauth\/api_scope\/sell.stores%20https:\/\/api.ebay.com\/oauth\/api_scope\/sell.inventory.mapping%20https:\/\/api.ebay.com\/oauth\/api_scope\/commerce.feedback%20https:\/\/api.ebay.com\/oauth\/api_scope\/commerce.message%20https:\/\/api.ebay.com\/oauth\/api_scope\/sell.auction%20https:\/\/api.ebay.com\/oauth\/api_scope\/sell.cancellation%20https:\/\/api.ebay.com\/oauth\/api_scope\/sell.commitment%20https:\/\/api.ebay.com\/oauth\/api_scope\/sell.inquiry%20https:\/\/api.ebay.com\/oauth\/api_scope\/sell.listing%20https:\/\/api.ebay.com\/oauth\/api_scope\/sell.offer%20https:\/\/api.ebay.com\/oauth\/api_scope\/sell.order%20https:\/\/api.ebay.com\/oauth\/api_scope\/sell.purchase.quote%20https:\/\/api.ebay.com\/oauth\/api_scope\/sell.refund.read%20https:\/\/api.ebay.com\/oauth\/api_scope\/sell.reputation%20https:\/\/api.ebay.com\/oauth\/api_scope\/sell.resolution.read%20https:\/\/api.ebay.com\/oauth\/api_scope\/sell.return%20https:\/\/api.ebay.com\/oauth\/api_scope\/commerce.shipping%20https:\/\/api.ebay.com\/oauth\/api_scope\/commerce.usernote%20https:\/\/api.ebay.com\/oauth\/api_scope\/sell.return.preference%20https:\/\/api.ebay.com\/oauth\/api_scope\/commerce.identity.email.readonly%20https:\/\/api.ebay.com\/oauth\/api_scope\/commerce.identity.phone.readonly%20https:\/\/api.ebay.com\/oauth\/api_scope\/commerce.identity.address.readonly%20https:\/\/api.ebay.com\/oauth\/api_scope\/commerce.identity.name.readonly%20https:\/\/api.ebay.com\/oauth\/api_scope\/commerce.identity.status.readonly\u0026amp;tt=1\" target=\"_blank\"\u003e\u003cbr\u003e\u003cspan id=\"csgPlatformText2\"\u003e\u003c\/span\u003e\u003c\/a\u003e\u003cspan id=\"csgPlatformRightImg\"\u003e\u003c\/span\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003ch1 data-path-to-node=\"0\"\u003e\u003cspan style=\"text-decoration: underline; color: rgb(0, 170, 255);\"\u003e\u003cem\u003e\u003cspan data-path-to-node=\"0\" data-index-in-node=\"0\"\u003e\u003cb\u003ePLEASE READ FULL DESCRIPTION!!!\u003c\/b\u003e\u003c\/span\u003e\u003c\/em\u003e\u003c\/span\u003e\u003c\/h1\u003e\n\u003ch1 data-path-to-node=\"0\"\u003e\u003cspan style=\"text-decoration: underline; color: rgb(255, 42, 0);\"\u003e\u003cb data-path-to-node=\"0\" data-index-in-node=\"0\"\u003ePhilippines WWII 1944 1 Peso \"VICTORY\" Treasury Certificate\u003c\/b\u003e\u003c\/span\u003e\u003c\/h1\u003e\n\u003cul data-path-to-node=\"1\"\u003e\n\u003cli\u003e\n\u003cp data-path-to-node=\"1,0,0\"\u003e\u003cb data-path-to-node=\"1,0,0\" data-index-in-node=\"0\"\u003eIssuing Authority:\u003c\/b\u003e Commonwealth of the Philippines \/ United States of America\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp data-path-to-node=\"1,1,0\"\u003e\u003cb data-path-to-node=\"1,1,0\" data-index-in-node=\"0\"\u003eDenomination:\u003c\/b\u003e One Peso (₱1.00)\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp data-path-to-node=\"1,2,0\"\u003e\u003cb data-path-to-node=\"1,2,0\" data-index-in-node=\"0\"\u003eSeries \/ Authorization:\u003c\/b\u003e \u003cb data-path-to-node=\"1,2,0\" data-index-in-node=\"24\"\u003eVICTORY Series No. 66\u003c\/b\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp data-path-to-node=\"1,3,0\"\u003e\u003cb data-path-to-node=\"1,3,0\" data-index-in-node=\"0\"\u003eCatalog Reference:\u003c\/b\u003e \u003cb data-path-to-node=\"1,3,0\" data-index-in-node=\"19\"\u003ePick # 94\u003c\/b\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp data-path-to-node=\"1,4,0\"\u003e\u003cb data-path-to-node=\"1,4,0\" data-index-in-node=\"0\"\u003eSerial Number:\u003c\/b\u003e \u003cb data-path-to-node=\"1,4,0\" data-index-in-node=\"15\"\u003e\u003ccode data-path-to-node=\"1,4,0\" data-index-in-node=\"15\"\u003eF17756814\u003c\/code\u003e\u003c\/b\u003e (Black typography)\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp data-path-to-node=\"1,5,0\"\u003e\u003cb data-path-to-node=\"1,5,0\" data-index-in-node=\"0\"\u003ePortrait:\u003c\/b\u003e \u003cb data-path-to-node=\"1,5,0\" data-index-in-node=\"10\"\u003eApolinario Mabini\u003c\/b\u003e (Statesman, legal philosopher, and first Prime Minister of the Philippines)\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp data-path-to-node=\"1,6,0\"\u003e\u003cb data-path-to-node=\"1,6,0\" data-index-in-node=\"0\"\u003eSignatures (Printed Facsimiles):\u003c\/b\u003e\u003c\/p\u003e\n\u003cul data-path-to-node=\"1,6,1\"\u003e\n\u003cli\u003e\n\u003cp data-path-to-node=\"1,6,1,0,0\"\u003e\u003cb data-path-to-node=\"1,6,1,0,0\" data-index-in-node=\"0\"\u003eSergio Osmeña\u003c\/b\u003e (\u003ci data-path-to-node=\"1,6,1,0,0\" data-index-in-node=\"15\"\u003ePresident\u003c\/i\u003e)\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp data-path-to-node=\"1,6,1,1,0\"\u003e\u003cb data-path-to-node=\"1,6,1,1,0\" data-index-in-node=\"0\"\u003eJaime Hernandez\u003c\/b\u003e (\u003ci data-path-to-node=\"1,6,1,1,0\" data-index-in-node=\"17\"\u003eAuditor General\u003c\/i\u003e)\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp data-path-to-node=\"1,7,0\"\u003e\u003cb data-path-to-node=\"1,7,0\" data-index-in-node=\"0\"\u003eSeal:\u003c\/b\u003e Blue circular Commonwealth of the Philippines Treasury Seal (incorporating the American eagle and shield).\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp data-path-to-node=\"1,8,0\"\u003e\u003cb data-path-to-node=\"1,8,0\" data-index-in-node=\"0\"\u003eReverse Overprint:\u003c\/b\u003e Bold black open-face typography overprint reading \u003cb data-path-to-node=\"1,8,0\" data-index-in-node=\"69\"\u003e\u003ccode data-path-to-node=\"1,8,0\" data-index-in-node=\"69\"\u003eVICTORY\u003c\/code\u003e\u003c\/b\u003e across the orange intaglio scrollwork.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp data-path-to-node=\"1,9,0\"\u003e\u003cb data-path-to-node=\"1,9,0\" data-index-in-node=\"0\"\u003ePrinter:\u003c\/b\u003e United States Bureau of Engraving and Printing (BEP), Washington, D.C.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp data-path-to-node=\"3\"\u003e\u003cb data-path-to-node=\"3\" data-index-in-node=\"0\"\u003eBernie Bernstein \u0026amp; the Secret Philippine Submarine Evacuation\u003c\/b\u003e\u003c\/p\u003e\n\u003cul data-path-to-node=\"4\"\u003e\n\u003cli\u003e\n\u003cp data-path-to-node=\"4,0,0\"\u003e\u003cb data-path-to-node=\"4,0,0\" data-index-in-node=\"0\"\u003eThe Treasury Emergency Plan:\u003c\/b\u003e In early 1942, before he became the SHAEF financial officer tracking Nazi gold in Europe, \u003cb data-path-to-node=\"4,0,0\" data-index-in-node=\"119\"\u003eBernard \"Bernie\" Bernstein\u003c\/b\u003e served in Washington as a key legal and financial aide in Secretary of the Treasury Henry Morgenthau’s department.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp data-path-to-node=\"4,1,0\"\u003e\u003cb data-path-to-node=\"4,1,0\" data-index-in-node=\"0\"\u003eDenying Assets to the Enemy:\u003c\/b\u003e As Japanese forces swept across Luzon toward Manila, Bernstein developed and coordinated the Treasury's scorched-earth asset denial program. Treasury representatives flew into Manila to audit bank vaults, record serial numbers, and incinerate millions in paper currency and securities so Japan couldn't fund its war effort with captured cash.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp data-path-to-node=\"4,2,0\"\u003e\u003cb data-path-to-node=\"4,2,0\" data-index-in-node=\"0\"\u003eThe Submarine Mission (USS \u003ci data-path-to-node=\"4,2,0\" data-index-in-node=\"27\"\u003eTrout\u003c\/i\u003e):\u003c\/b\u003e The physical gold, silver bullion, and millions of silver pesos were evacuated across Manila Bay to the island fortress of \u003cb data-path-to-node=\"4,2,0\" data-index-in-node=\"158\"\u003eCorregidor\u003c\/b\u003e. Under Treasury instructions coordinated by Bernstein's office:\u003c\/p\u003e\n\u003cul data-path-to-node=\"4,2,1\"\u003e\n\u003cli\u003e\n\u003cp data-path-to-node=\"4,2,1,0,0\"\u003eIn February 1942, the U.S. Navy submarine \u003cb data-path-to-node=\"4,2,1,0,0\" data-index-in-node=\"42\"\u003eUSS \u003ci data-path-to-node=\"4,2,1,0,0\" data-index-in-node=\"46\"\u003eTrout\u003c\/i\u003e (SS-202)\u003c\/b\u003e slipped through the Japanese naval blockade into Corregidor. To replace the sandbag ballast it had expended delivering anti-aircraft ammunition, the submarine loaded \u003cb data-path-to-node=\"4,2,1,0,0\" data-index-in-node=\"227\"\u003e20 tons of gold bars and silver dollars\u003c\/b\u003e directly from Corregidor's vaults and successfully smuggled them out to Pearl Harbor.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp data-path-to-node=\"4,2,1,1,0\"\u003eThe remaining massive stockpile of silver pesos—too heavy for further submarine runs as the fortress collapsed—was ordered \"consigned to Davy Jones\" and dumped deep into the waters of Caballo Bay off Corregidor to prevent Japanese seizure.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp data-path-to-node=\"4,3,0\"\u003e\u003cb data-path-to-node=\"4,3,0\" data-index-in-node=\"0\"\u003eThe Liberation Counterpart:\u003c\/b\u003e This 1944 \u003cb data-path-to-node=\"4,3,0\" data-index-in-node=\"38\"\u003eVICTORY note\u003c\/b\u003e is the direct climax of that financial campaign. After evacuating the pre-war bullion reserves in 1942, the U.S. Treasury printed and re-injected these VICTORY notes behind MacArthur's landing forces to replace the valueless Japanese invasion money and restore stable, backed currency to the liberated islands.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp data-path-to-node=\"6\"\u003e\u003cb data-path-to-node=\"6\" data-index-in-node=\"0\"\u003eClose-Up Detail \u0026amp; Validation Analysis\u003c\/b\u003e\u003c\/p\u003e\n\u003cul data-path-to-node=\"7\"\u003e\n\u003cli\u003e\n\u003cp data-path-to-node=\"7,0,0\"\u003eThe close-up view reveals a period, hand-written cursive ink endorsement across the upper front vignette above \u003ci data-path-to-node=\"7,0,0\" data-index-in-node=\"111\"\u003e\"PHILIPPINES\"\u003c\/i\u003e.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp data-path-to-node=\"7,1,0\"\u003eNotes from the liberation period were frequently signed, field-endorsed, or used as \"short snorters\" by military personnel, Treasury attachés, and resistance officials handling currency turnover during the re-occupation.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp data-path-to-node=\"9\"\u003e\u003cb data-path-to-node=\"9\" data-index-in-node=\"0\"\u003eTechnical \u0026amp; Visual Assessment\u003c\/b\u003e\u003c\/p\u003e\n\u003cul data-path-to-node=\"10\"\u003e\n\u003cli\u003e\n\u003cp data-path-to-node=\"10,0,0\"\u003e\u003cb data-path-to-node=\"10,0,0\" data-index-in-node=\"0\"\u003eTechnical Grade:\u003c\/b\u003e \u003cb data-path-to-node=\"10,0,0\" data-index-in-node=\"17\"\u003eVery Good (VG 8 – VG 10)\u003c\/b\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp data-path-to-node=\"10,1,0\"\u003e\u003cb data-path-to-node=\"10,1,0\" data-index-in-node=\"0\"\u003ePreservation Highlights:\u003c\/b\u003e\u003c\/p\u003e\n\u003cul data-path-to-node=\"10,1,1\"\u003e\n\u003cli\u003e\n\u003cp data-path-to-node=\"10,1,1,0,0\"\u003eDisplays genuine wartime field circulation throughout the Philippine liberation campaign.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp data-path-to-node=\"10,1,1,1,0\"\u003eDistinct horizontal center fold with fiber softening and light wear along the crease.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp data-path-to-node=\"10,1,1,2,0\"\u003eModerate edge rounding and natural environmental toning across the margins.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp data-path-to-node=\"10,1,1,3,0\"\u003eClean paper integrity with no structural tears, missing corners, or tape repairs.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp data-path-to-node=\"10,1,1,4,0\"\u003eBlue Commonwealth seal, serial numbers (\u003ccode data-path-to-node=\"10,1,1,4,0\" data-index-in-node=\"40\"\u003eF17756814\u003c\/code\u003e), and the bold black reverse \u003cb data-path-to-node=\"10,1,1,4,0\" data-index-in-node=\"79\"\u003e\u003ccode data-path-to-node=\"10,1,1,4,0\" data-index-in-node=\"79\"\u003eVICTORY\u003c\/code\u003e\u003c\/b\u003e overprint remain strong and well-defined.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp data-path-to-node=\"12\"\u003e\u003cb data-path-to-node=\"12\" data-index-in-node=\"0\"\u003eCollector Value \u0026amp; Market Pricing\u003c\/b\u003e\u003c\/p\u003e\n\u003cul data-path-to-node=\"13\"\u003e\n\u003cli\u003e\n\u003cp data-path-to-node=\"13,0,0\"\u003e\u003cb data-path-to-node=\"13,0,0\" data-index-in-node=\"0\"\u003eMarket Classification:\u003c\/b\u003e Philippine WWII Liberation \/ US Commonwealth Treasury Certificate\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"JV Coins \u0026 Currency","offers":[{"title":"Default Title","offer_id":50688626786562,"sku":"168691710225","price":49.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0844\/7393\/8178\/files\/1_0285c7d0-9aff-4b30-8884-d1e3bdc21f08.jpg?v=1791774900","url":"https:\/\/jvcoinscurrency.com\/products\/philippines-1944-1-peso-034-victory-034-treasury-certificate-signed-bernard-bernstein","provider":"JV Coins \u0026 Currency","version":"1.0","type":"link"}