A £20 Ulster Bank banknote.Jiaozi (Song Dynasty), the world's earliest paper moneyThe first polymer banknote, the 1988 Australian $10 note
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Paper Money: World

A banknote (more commonly known as a bill in the United States and Canada) is a kind of currency, and under many jurisdictions is used as legal tender. With coins, banknotes make up the cash forms of all modern money. more...

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Coin Appraisals

With the exception of non-circulating high-value or precious metal commemorative issues, coins are generally used for lower valued monetary units, while banknotes are utilised for higher values.

Originally, the value of money was determined by the intrinsic value of the material the money was made of, such as silver or gold. However, carrying around a lot of precious metal was cumbersome and often dangerous. As an alternative, banknotes would be issued. In financial terms, a note is a promise to pay someone money. Banknotes were originally a promise to pay the bearer an amount of precious metal stored in a vault somewhere. In this way the stored value (usually in gold or silver coins) backing the banknote could transfer ownership in exchange for goods or services.

The ability to exchange a note for some other kind of value is called "convertibility". For example a US silver certificate from the early 20th century was "payable in silver on demand" from the Treasury. If a note is payable in demand for a fixed unit, it is said to be fully convertible to that unit. Limited convertibility occurs when there are restrictions in the time, place, manner or amount of exchange.

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Burma … P-55 … 20 Kyats … Nd(1965) … *Vf+*Burma … P-55 … 20 Kyats … Nd(1965) … *Vf+* $25.00 [#255627] Turkey, 20 Lira, type President Kamel Atatürk, Pick 187a[#255627] Turkey, 20 Lira, type President Kamel Atatürk, Pick 187a $12.00
Zimbabwe - 100 Dollars 2009 - P 97 Uncirculated BanknotesZimbabwe - 100 Dollars 2009 - P 97 Uncirculated Banknotes $2.21 Was: Previous Price $2.60 Australia . P-22a . 1 Pound . Nd(1933-38) . *F-Vf* . Pcgs 35 ScarceAustralia . P-22a . 1 Pound . Nd(1933-38) . *F-Vf* . Pcgs 35 Scarce $342.00 Was: Previous Price $380.00
[#303927] Spain, 50 Pesetas type Velazquez, Pick 75b[#303927] Spain, 50 Pesetas type Velazquez, Pick 75b $39.00 Brazil … P-A230 … 5 Mil Reis … Nd(1852-67) … *Vf+* Pcgs 30.Brazil … P-A230 … 5 Mil Reis … Nd(1852-67) … *Vf+* Pcgs 30. $675.00
Argentina … P-309 … 500,000 Pesos … Nd(1980-85) … *Unc*Argentina … P-309 … 500,000 Pesos … Nd(1980-85) … *Unc* $7.65 Was: Previous Price $8.50 Austria . P-152 . 1000 Schillings … 1982 … *Unc* . Pcgs 65 PpqAustria . P-152 . 1000 Schillings … 1982 … *Unc* . Pcgs 65 Ppq $450.00
Argentina … P-355 … 20 Pesos … Nd(2003) … *Unc*Argentina … P-355 … 20 Pesos … Nd(2003) … *Unc* $18.00 Was: Previous Price $20.00 Bolivia … P-143 … 500 Bolivianos … L.1945 … *Vf-Xf*Bolivia … P-143 … 500 Bolivianos … L.1945 … *Vf-Xf* $22.00
Brazil . P-A243 . 500 Reis . Nd(Ca-1880) . *G*Brazil . P-A243 . 500 Reis . Nd(Ca-1880) . *G* $95.00 Zambia 1000 Kwacha 2006 Polymer - P 44e UncirculatedZambia 1000 Kwacha 2006 Polymer - P 44e Uncirculated $1.57 Was: Previous Price $1.85
Fiji 5 Dollars 2012 (2013) Unc 2 Pcs Consecutive Pair Flora&Fauna P 115 PolymerFiji 5 Dollars 2012 (2013) Unc 2 Pcs Consecutive Pair Flora&Fauna P 115 Polymer $9.72 Was: Previous Price $10.45 Australia … P-20 … 10 Shillings … Nd(1934) … *Xf-Au* Pcgs 45.Australia … P-20 … 10 Shillings … Nd(1934) … *Xf-Au* Pcgs 45. $1,755.00 Was: Previous Price $1,950.00
Bosnia Herzegovina … P-N.L./(B223a) … 20 Maraka … 1997 … *Unc* … Color TrialBosnia Herzegovina … P-N.L./(B223a) … 20 Maraka … 1997 … *Unc* … Color Trial $120.00 [#201344] Guatemala, 1/2 Quetzal type Tecun Uman[#201344] Guatemala, 1/2 Quetzal type Tecun Uman $30.00
Kazakhstan Specimen-Test Note Louisenthal 2008 Turkestan MosqueKazakhstan Specimen-Test Note Louisenthal 2008 Turkestan Mosque $15.00 Bolivia … P-112 … 1 Boliviano … Nd(1914) … *Au-Unc*Bolivia … P-112 … 1 Boliviano … Nd(1914) … *Au-Unc* $9.60
Ukraine 20 Hryven 1992 Pick 107bs SpecimenUkraine 20 Hryven 1992 Pick 107bs Specimen $149.00 Biafra . P-7a . 10 Pounds . Nd(1968-69) . *Xf* . Prefix "Za".Biafra . P-7a . 10 Pounds . Nd(1968-69) . *Xf* . Prefix "Za". $147.50
Israel 1955 Bank Israel 500 Pruta Pick-24a Pmg 53 A/UncIsrael 1955 Bank Israel 500 Pruta Pick-24a Pmg 53 A/Unc $149.99 1935 $5 Bank of Canada Prince of Wales in Pmg Choice Unc64. Bc-51935 $5 Bank of Canada Prince of Wales in Pmg Choice Unc64. Bc-5 $3,250.00
Ukraine 5 Hryven 2011 Pick 118c SpecimenUkraine 5 Hryven 2011 Pick 118c Specimen $129.00 Aruba … P-4 … 50 Florin … 1986 … *Unc*Aruba … P-4 … 50 Florin … 1986 … *Unc* $114.75 Was: Previous Price $127.50
Brazil . P-16 . 500 Reis . E3A(1893) . *Xf*Brazil . P-16 . 500 Reis . E3A(1893) . *Xf* $375.00 Colombia 50 Peso 1985 P 425 UncColombia 50 Peso 1985 P 425 Unc $2.39
Israel 1 New Shequel 1986 Pick # 51a Unc.Israel 1 New Shequel 1986 Pick # 51a Unc. $13.20 Bosnia-Herzegovina … P-55g … 5000 Dinara On 50 Dinara … 1993 … *Unc*Bosnia-Herzegovina … P-55g … 5000 Dinara On 50 Dinara … 1993 … *Unc* $3.15 Was: Previous Price $3.50
Russian paper money set 1;3;5;10;25 rubley Banknotes Russia Ussr Cccp 1961-1991Russian paper money set 1;3;5;10;25 rubley Banknotes Russia Ussr Cccp 1961-1991 $2.80 Russian paper money set 4 x 1 ; 3 x 3 rubley Banknotes RussiaRussian paper money set 4 x 1 ; 3 x 3 rubley Banknotes Russia $4.40
Zaire 100 Nouveaux Zaires 1994 Hdmz P 60 Xf/AuZaire 100 Nouveaux Zaires 1994 Hdmz P 60 Xf/Au $5.79 [#151307] Turkey, 1000 Lira type Atatürk[#151307] Turkey, 1000 Lira type Atatürk $8.00
China-Puppet Bank,5000 Yuan Banknote,1945 Very Fine Condition Cat#J-42-AcaChina-Puppet Bank,5000 Yuan Banknote,1945 Very Fine Condition Cat#J-42-Aca $76.50 Was: Previous Price $90.00 Zimbabwe 1000 Dollars 2007 - P 71 Lot 2 Pcs Uncirculated BanknotesZimbabwe 1000 Dollars 2007 - P 71 Lot 2 Pcs Uncirculated Banknotes $3.49 Was: Previous Price $4.10
Egypt - 2008 - Lot X10 Consecutive Pcs - ( 1 Egp - Pick-50 - Sign #21b - Okda )Egypt - 2008 - Lot X10 Consecutive Pcs - ( 1 Egp - Pick-50 - Sign #21b - Okda ) $0.99 [#303891] Poland, 100 Zlotych type Warynski, Pick 143e[#303891] Poland, 100 Zlotych type Warynski, Pick 143e $8.00
[#303903] Spain, 1 Peseta type Lady of Elche, Pick 135a[#303903] Spain, 1 Peseta type Lady of Elche, Pick 135a $59.00 Ukraine 50 Hryven 2004 Pick 121 SpecimenUkraine 50 Hryven 2004 Pick 121 Specimen $149.00
[#255579] Tanzania, 10 Shilingi, type President J. Nyerere, Pick 6c[#255579] Tanzania, 10 Shilingi, type President J. Nyerere, Pick 6c $8.00 India P95r 2011 10 Rupees Star Replacement Note Pair UncIndia P95r 2011 10 Rupees Star Replacement Note Pair Unc $12.99
[#100191] 100 Francs Type Delacroix Modifié, P.154d[#100191] 100 Francs Type Delacroix Modifié, P.154d $38.00 [#105745] Sri Lanka, 10 Rupees type 1995[#105745] Sri Lanka, 10 Rupees type 1995 $8.00
Burundi . P-16b . 50 Francs . 1966 . *F-Vf*Burundi . P-16b . 50 Francs . 1966 . *F-Vf* $125.00 10000 Rubles 1920 Democratic Armenia Government Armenian Dashnaktsutyun Vg-F10000 Rubles 1920 Democratic Armenia Government Armenian Dashnaktsutyun Vg-F $19.99 Was: Previous Price $24.99
Kazakhstan Specimen-Test Note Goznak 2008 Turkestan MosqueKazakhstan Specimen-Test Note Goznak 2008 Turkestan Mosque $15.00 Bhutan 20 Ngultrum 1992 P.16 Unc Sign 1 Lot 15 PcsBhutan 20 Ngultrum 1992 P.16 Unc Sign 1 Lot 15 Pcs $36.14 Was: Previous Price $38.45
[#108562] Brazil, 10 Cruzeiros type D. Pedro Ii, Pick 193e[#108562] Brazil, 10 Cruzeiros type D. Pedro Ii, Pick 193e $8.00 Zimbabwe Set 4 Unc 5 10 20 50 Dollars 2009 P 93 94 95 96Zimbabwe Set 4 Unc 5 10 20 50 Dollars 2009 P 93 94 95 96 $4.99
Mexico 10,000 10000 Pesos 1991 P 90 Py Series UncMexico 10,000 10000 Pesos 1991 P 90 Py Series Unc $9.99 100 Rubles of 1919 Dashnak Arf Armenia Armenian First Republic Xf A818469100 Rubles of 1919 Dashnak Arf Armenia Armenian First Republic Xf A818469 $22.39 Was: Previous Price $27.99
Israel 50 Lirot 1960 Banknote Red SerialIsrael 50 Lirot 1960 Banknote Red Serial $27.90 Russia Siberia Krasnoyarsk 25 Rubles Roubles Ps 971c 1919Russia Siberia Krasnoyarsk 25 Rubles Roubles Ps 971c 1919 $152.00
Argentina Note 20 Pesos (1996) Fernandez-Menem B# 3058 Serial B P 343b AxfArgentina Note 20 Pesos (1996) Fernandez-Menem B# 3058 Serial B P 343b Axf $11.99 Set Antarctica, $1;5;10, Polymer, 2011, New, Unc - Spc - CommemorativeSet Antarctica, $1;5;10, Polymer, 2011, New, Unc - Spc - Commemorative $20.89 Was: Previous Price $21.99
Brazil … P-A233 … 50 Mil Reis … Nd(1952-67) … *F* Pcgs 12.Brazil … P-A233 … 50 Mil Reis … Nd(1952-67) … *F* Pcgs 12. $1,327.50 Was: Previous Price $1,475.00 [#255608] Transnistria, 100 Rublei, type Statue of Alexander Vassilievitch,.[#255608] Transnistria, 100 Rublei, type Statue of Alexander Vassilievitch,. $8.00
Israel 500 Lirot 1975 Ben GurionIsrael 500 Lirot 1975 Ben Gurion $18.50 20 pieces -20 Different World Banknotes Foreign Collection Currency Mix 00220 pieces -20 Different World Banknotes Foreign Collection Currency Mix 002 $10.99
Lot of 62 German & Austrian Notgeld Paper NotesLot of 62 German & Austrian Notgeld Paper Notes $29.99 Mixed Foreign World Currency 1929-1940 Paper Money Bills French German Lot of 6Mixed Foreign World Currency 1929-1940 Paper Money Bills French German Lot of 6 $15.00
Australia . P-59 . 20 Dollars . (2002) . *Unc*Australia . P-59 . 20 Dollars . (2002) . *Unc* $38.25 Was: Previous Price $42.50 Egypt - 2006 - Lot X10 Consecutive Pcs - ( 50 pt - P-62 - Sign #21b - Okda ) UncEgypt - 2006 - Lot X10 Consecutive Pcs - ( 50 pt - P-62 - Sign #21b - Okda ) Unc $0.99
[#255593] Guinéa, 100 Sylis, type A. S. Toure, Pick 19[#255593] Guinéa, 100 Sylis, type A. S. Toure, Pick 19 $23.00 Poland P102 1941 50 Zlotych #3 AuncPoland P102 1941 50 Zlotych #3 Aunc $22.95
[#255585] Hong Kong, 10 Dollars, type 1975-1977, Pick 74a[#255585] Hong Kong, 10 Dollars, type 1975-1977, Pick 74a $106.00 Aruba 10 Florin P7 1990 Calco Indian Conch Unc Caribbean Currency Money BillnoteAruba 10 Florin P7 1990 Calco Indian Conch Unc Caribbean Currency Money Billnote $39.99
[#251371] Austria, 1000 Kronen, type 1919[#251371] Austria, 1000 Kronen, type 1919 $8.00 Argentina …P-S205 … 200 Pesos …1859 … *Au-Unc* Pcgs 53.Argentina …P-S205 … 200 Pesos …1859 … *Au-Unc* Pcgs 53. $375.00
250 Rubles of 1919 Dashnak Arf Armenia Armenian First Republic Vf A476529250 Rubles of 1919 Dashnak Arf Armenia Armenian First Republic Vf A476529 $15.99 Was: Previous Price $19.99 Atlantic Forest 6 Aves Dollars 2016 Owl Bird UncAtlantic Forest 6 Aves Dollars 2016 Owl Bird Unc $1.79
Aruba … P-17a … 25 Florin … 2003 … *Unc*Aruba … P-17a … 25 Florin … 2003 … *Unc* $32.50 China 10 Yuan N/D P-S321? Vf Forgery - Counterfeit - Fake note on clothChina 10 Yuan N/D P-S321? Vf Forgery - Counterfeit - Fake note on cloth $10.50
1000 Rubles 1919 very rare P-8 Armenia Armenian First Republic parts missed1000 Rubles 1919 very rare P-8 Armenia Armenian First Republic parts missed $19.99 Was: Previous Price $24.99 Canada 1897 10 Dollars Banque National Banknote Pmg 25 # Ma-Bn-12Canada 1897 10 Dollars Banque National Banknote Pmg 25 # Ma-Bn-12 $1,300.00
[#303935] Spain, 100 Pesetas type Felipe Ii, Pick 69c[#303935] Spain, 100 Pesetas type Felipe Ii, Pick 69c $99.00 Mauritius 5 Rupees 1965 Pick 30 Xf Circulated BanknoteMauritius 5 Rupees 1965 Pick 30 Xf Circulated Banknote $19.50
[#303950] Spain, 1 Peseta type Isabel, Pick 128a[#303950] Spain, 1 Peseta type Isabel, Pick 128a $27.00 Belarus 1000 Ruble 2000 2011 Unc p.28 Consecutive Lot 5 PcsBelarus 1000 Ruble 2000 2011 Unc p.28 Consecutive Lot 5 Pcs $2.09 Was: Previous Price $2.25
Bahamas . P-37b . 5 Dollars . L.1974 . *Vf*Bahamas . P-37b . 5 Dollars . L.1974 . *Vf* $97.00 Saudi Arabia 1356 Ah 1947 Ad 1/4 1/2 and 1 Ghirsh Coins reeded Saudita SaouditeSaudi Arabia 1356 Ah 1947 Ad 1/4 1/2 and 1 Ghirsh Coins reeded Saudita Saoudite $39.99
Xb.52) Sweden 50 kronor 2011 UncXb.52) Sweden 50 kronor 2011 Unc $10.00 [#106083] Sri Lanka, 100 Rupees type 2010[#106083] Sri Lanka, 100 Rupees type 2010 $12.00
[#255575] Zaïre, 500 000 Zaïres, type Mobutu, Pick 43a[#255575] Zaïre, 500 000 Zaïres, type Mobutu, Pick 43a $18.00 Zimbabwe - 1 Dollar 2007 - P 65 Uncirculated BanknotesZimbabwe - 1 Dollar 2007 - P 65 Uncirculated Banknotes $1.23 Was: Previous Price $1.45
Israel 5 Lirot Red S/N , Unc Bank Notes 1968Israel 5 Lirot Red S/N , Unc Bank Notes 1968 $26.40 [#303915] Spain, 1 Peseta type santa Cruz, Pick 144a[#303915] Spain, 1 Peseta type santa Cruz, Pick 144a $30.00
[#108520] South Vietnam, 100 Dông type Le Van Duyet, Pick 19b[#108520] South Vietnam, 100 Dông type Le Van Duyet, Pick 19b $38.00 [#303895] Spain, 1 Peseta type 1938, Pick 108a[#303895] Spain, 1 Peseta type 1938, Pick 108a $121.00
Belarus - 5 Rublei 1992 - P 4 Lot 5 Pcs Uncirculated BanknotesBelarus - 5 Rublei 1992 - P 4 Lot 5 Pcs Uncirculated Banknotes $2.21 Was: Previous Price $2.60 Mexico 1000 1,000 Pesos 1985 P 85 Unc W/HolesMexico 1000 1,000 Pesos 1985 P 85 Unc W/Holes $2.49
Brunei … P-27 … 500 Ringgit … 2000 … *Vf-Xf* Pcgs 35.Brunei … P-27 … 500 Ringgit … 2000 … *Vf-Xf* Pcgs 35. $695.00 [#253942] Sri Lanka, 10 Rupees, type 1995, Pick 108[#253942] Sri Lanka, 10 Rupees, type 1995, Pick 108 $8.00
Ukraine 2 Hryvni 1992 Pick 104 a sign.Getman, UncUkraine 2 Hryvni 1992 Pick 104 a sign.Getman, Unc $3.99 Turkey Ottomane 20 Kurush 1852 P#22r Ef Condition Rare Note #25Bn-14Turkey Ottomane 20 Kurush 1852 P#22r Ef Condition Rare Note #25Bn-14 $1,800.00
Bermuda … P-41a … 5 Dollars … 1992 … *Unc*Bermuda … P-41a … 5 Dollars … 1992 … *Unc* $65.25 Was: Previous Price $72.50 [#203725] 5 Francs type Berger, P.98a[#203725] 5 Francs type Berger, P.98a $23.00
Croatia 100 kuna 1943 P11Croatia 100 kuna 1943 P11 $65.00 [#108518] South Vietnam, 2 Dông type 1955, Pick 12a[#108518] South Vietnam, 2 Dông type 1955, Pick 12a $12.00
[#303954] Spain, 1 Peseta type santa Cruz, Pi
00004000
ck 144a[#303954] Spain, 1 Peseta type santa Cruz, Pi 00004000 ck 144a $23.00 Dokdo Island Korea Set 6 Pcs 1 -10,000 Dokdo Dollars Specimen 2012 UncDokdo Island Korea Set 6 Pcs 1 -10,000 Dokdo Dollars Specimen 2012 Unc $11.99
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Prices current as of last update, 03/21/17 8:23am.

See also...
Africa, Paper Money: World
Asia, Middle East, Paper Money: World
Australia, Oceania, Paper Money: World
Collections, Lots, Paper Money: World
Europe, Paper Money: World
North, Central America, Paper Money: World
Other, Paper Money: World
South America, Paper Money: World

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