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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Belarus Set 6 Unc 25 50 100 R. 1992 P 1 4 5 6 7 8Belarus Set 6 Unc 25 50 100 R. 1992 P 1 4 5 6 7 8 $2.29 1954 Canada $1 Devils Face Hair Banknote !1954 Canada $1 Devils Face Hair Banknote ! $4.99
Lot of 3 ; Japanese notesLot of 3 ; Japanese notes $3.00 Burundi 50 Francs 1.8.2001 P 36 Unc NrBurundi 50 Francs 1.8.2001 P 36 Unc Nr $1.49
India 100 1957 Gandhi First Khadi Hundi Cash Rare NoteIndia 100 1957 Gandhi First Khadi Hundi Cash Rare Note $199.99 Vietnam 500 dong (No. 690261)Vietnam 500 dong (No. 690261) $1.80
Maldives 50 Rufiyaa P-21 2000/Ah14121 Unc Ships! ScarceMaldives 50 Rufiyaa P-21 2000/Ah14121 Unc Ships! Scarce $13.35 Uae United Arab Emirates 50 Dirhams 2008 P New Xf NrUae United Arab Emirates 50 Dirhams 2008 P New Xf Nr $16.99
Israel Set 3 Unc 20 S. Polymer 2003 2008 P 59 P 64 NewIsrael Set 3 Unc 20 S. Polymer 2003 2008 P 59 P 64 New $29.99 Jersey Set 5 Pcs 1 5 10 20 50 Pounds 2010 Qe Ii UncJersey Set 5 Pcs 1 5 10 20 50 Pounds 2010 Qe Ii Unc $259.99
Colombia P-404b, 1 Peso, 01.02.1961, Unc.Colombia P-404b, 1 Peso, 01.02.1961, Unc. $8.00 Lot Yugoslavia, 5 x 500 Dinara, 1981, P-891 (91b) UncLot Yugoslavia, 5 x 500 Dinara, 1981, P-891 (91b) Unc $3.75
Congo 50 Francs 2007 P New Unc Lot 5 PcsCongo 50 Francs 2007 P New Unc Lot 5 Pcs $3.99 Guatemala Set 3 Unc 1 5 10 Quetzales P NewGuatemala Set 3 Unc 1 5 10 Quetzales P New $5.99
1993 100000 Dinara Croatia Hrvatska1993 100000 Dinara Croatia Hrvatska $5.00 1945 Wwii B-Yen Allied Military Currency A-A1945 Wwii B-Yen Allied Military Currency A-A $0.99
Venezuela P48f 100 Bolivar Vg-F Nd 05-18-1969 See ScanVenezuela P48f 100 Bolivar Vg-F Nd 05-18-1969 See Scan $26.59 Jamaica $1 P68A 1990 Boats,Ship,Flow​Er Unc Bank NoteJamaica $1 P68A 1990 Boats,Ship,Flow​Er Unc Bank Note $2.99
Russia - 500 Biletov Private Banknote .Russia - 500 Biletov Private Banknote . $0.99 Libya 10 Piastres 1951 P6 Unc Sequence 3 PcsLibya 10 Piastres 1951 P6 Unc Sequence 3 Pcs
Cuba Set 4 Unc 1 5 10 20 Peso 1985 P Fx6 Fx7 Fx8 Fx9Cuba Set 4 Unc 1 5 10 20 Peso 1985 P Fx6 Fx7 Fx8 Fx9 $6.99 Great Britain Uk 1 P.M22 1948 Armed Forces Unc 1000 PcsGreat Britain Uk 1 P.M22 1948 Armed Forces Unc 1000 Pcs $399.99
Egypt, 1 Pound, 1978, P-44, Unc OrnateEgypt, 1 Pound, 1978, P-44, Unc Ornate $4.30 Suriname Set 2 Unc 25 100 Gulden P 132 133Suriname Set 2 Unc 25 100 Gulden P 132 133 $1.99
1954 Banque Bank Du Of Canada Deux Two Dollar Note !1954 Banque Bank Du Of Canada Deux Two Dollar Note ! $7.99 Yugoslavia, 500 Dinara, 1981, P-891 (91b) UncYugoslavia, 500 Dinara, 1981, P-891 (91b) Unc $0.99
Mongolia Set 4 Unc 10 20 500 1000 Tugrik 2007 P NewMongolia Set 4 Unc 10 20 500 1000 Tugrik 2007 P New $7.29 Bangladesh 2 Taka 2008 P New 6c UncBangladesh 2 Taka 2008 P New 6c Unc $1.00
Eritrea 20 Nakfa 24.5.1997 P 4 UncEritrea 20 Nakfa 24.5.1997 P 4 Unc $3.99 Barbados Set 3 Pcs 5 10 20 Dollars 2007 P 67 68 69 UncBarbados Set 3 Pcs 5 10 20 Dollars 2007 P 67 68 69 Unc $34.99
1923 Germany, 100,000 Mark First Issue Note, #111923 Germany, 100,000 Mark First Issue Note, #11 $2.50 Netherland Antilles Set 2 Unc 1 2.5 G P 20 21Netherland Antilles Set 2 Unc 1 2.5 G P 20 21 $6.99
Lot 3 x 50 Dinar Dinara Socialist Yugoslavia 1978 P.89Lot 3 x 50 Dinar Dinara Socialist Yugoslavia 1978 P.89 $0.69 500 dollars of Zimbabwe500 dollars of Zimbabwe $0.99
Nicaragua Set 4 Unc 10 20 200 Polymer 100 paper 2009Nicaragua Set 4 Unc 10 20 200 Polymer 100 paper 2009 $31.99 Zimbabwe $50.000.000 million bearer 2008 lot 10pcs Unc Zimbabwe $50.000.000 million bearer 2008 lot 10pcs Unc $15.00
Guatemala Set 3 Unc 1 10 20 Quzetzal 1990 P 73 75Guatemala Set 3 Unc 1 10 20 Quzetzal 1990 P 73 75 $32.97 1934 Bank Of China Tientsin Printer Scarce Pick#731934 Bank Of China Tientsin Printer Scarce Pick#73 $80.00
Afghanistan 10,000 10000 Afghanis P 63a 63 Unc 10 PcsAfghanistan 10,000 10000 Afghanis P 63a 63 Unc 10 Pcs $6.99 Zimbabwe $5 P5B 1997 Deers Dark Print Unc Scarce NoteZimbabwe $5 P5B 1997 Deers Dark Print Unc Scarce Note $2.99
1000 kyats Myanmar Burma Paper Money Genuine Banknotes1000 kyats Myanmar Burma Paper Money Genuine Banknotes Vietnam 200 dong (No. 968325)Vietnam 200 dong (No. 968325) $0.99
Solomon Islands $10 Banknote World Money Unc CurrencySolomon Islands $10 Banknote World Money Unc Currency $14.99 Communist China Cloth Bank note banknote 1930's GenuineCommunist China Cloth Bank note banknote 1930's Genuine $9.99
Banknote of Israel Banknote of Israel $0.99 Nepal 1972 Scarce 100 Rs P#19 Banknote Unc.Nepal 1972 Scarce 100 Rs P#19 Banknote Unc. $25.00
1948 Poland 500 Polskich Zlotych ( Free Shipping )1948 Poland 500 Polskich Zlotych ( Free Shipping ) Bond Certificate 50 rubles 1915Bond Certificate 50 rubles 1915 $1.45
Bangladesh Set 3 Unc 2 10 20 Taka 2008 P NewBangladesh Set 3 Unc 2 10 20 Taka 2008 P New $3.69 Bulgaria Set 3 Unc 1 2 5 Leva 1999 P 114 115 116Bulgaria Set 3 Unc 1 2 5 Leva 1999 P 114 115 116 $14.99
Paper Money, Banknote, Yugoslavia 10 Dinar /1978 Unc/Paper Money, Banknote, Yugoslavia 10 Dinar /1978 Unc/ $0.79 Egypt Set 2 Unc 1 Pound 1967-1978 P 44 Sign 14 Sign 15Egypt Set 2 Unc 1 Pound 1967-1978 P 44 Sign 14 Sign 15 $15.59
50 Different Uncirculated World Foreign Banknotes Lot50 Different Uncirculated World Foreign Banknotes Lot $1.26 Nepal Set 3 Unc 10 Rupees Polymer Paper P 45 P New 2008Nepal Set 3 Unc 10 Rupees Polymer Paper P 45 P New 2008 $2.29
Specimen, Albania 5 leke 1976 000 S/N Unc scarce typeSpecimen, Albania 5 leke 1976 000 S/N Unc scarce type $10.48 5 Yen Paper Note circa 1942/1943 Japan 5 Yen Paper Note circa 1942/1943 Japan $2.00
China 1 Yuan 1999 P 895 Mao UncChina 1 Yuan 1999 P 895 Mao Unc $1.00 1918 France 5 Franc Note1918 France 5 Franc Note $12.00
Malaya Set 3 Unc 1 5 10 Dollars P M5 M6 M7Malaya Set 3 Unc 1 5 10 Dollars P M5 M6 M7 $8.99 Falkland Islands 1 Pound 1982 Pick 8E Banknote !Falkland Islands 1 Pound 1982 Pick 8E Banknote ! $99.99
Mongolian Uncirculated Banknotes (5 Tugrik )Mongolian Uncirculated Banknotes (5 Tugrik ) Germany 1921 Notgeld Coblenz Banknote 50 Pf Paper MoneyGermany 1921 Notgeld Coblenz Banknote 50 Pf Paper Money
Bank of Israel-Souvenir Cards Set- 1st Series BanknotesBank of Israel-Souvenir Cards Set- 1st Series Banknotes $25.00 Afghanistan Set 2 Unc 500 Afg 1979 1990 P 60a 60bAfghanistan Set 2 Unc 500 Afg 1979 1990 P 60a 60b $1.00
2008 Philippines 100 peso Up Centennial Note, Unc 2008 Philippines 100 peso Up Centennial Note, Unc $9.88 South Africa One Pound 25.09.42 P.84e Sailing ShipSouth Africa One Pound 25.09.42 P.84e Sailing Ship
1965 Queen Bahamas Collection $3 / $1 & 50 Cents !1965 Queen Bahamas Collection $3 / $1 & 50 Cents ! $29.99 Belarus Set 5, 5 10 20 50 100 R 2000 P 22 23 24 25 26Belarus Set 5, 5 10 20 50 100 R 2000 P 22 23 24 25 26 $4.99
Turkmenistan Set 4 Pcs 1 5 10 20 Manat 2009 P New UncTurkmenistan Set 4 Pcs 1 5 10 20 Manat 2009 P New Unc $43.99 Maldives Note 10 Rufiyaa Monetary A 1998 Pick 19 Unc.Maldives Note 10 Rufiyaa Monetary A 1998 Pick 19 Unc. $4.50
Laos Lao 10000 P35 2002 Temple Bridge Mekong River UncLaos Lao 10000 P35 2002 Temple Bridge Mekong River Unc $3.99 2008 Philippines 100 peso Up Centennial Star * Note 2008 Philippines 100 peso Up Centennial Star * Note $12.99
India Set 2 Unc 20 Rupee 2009 2010India Set 2 Unc 20 Rupee 2009 2010 $2.39 Burma Myanmar Set 6 Unc 1 5 10-100 K P 69-74 Of 10 SetBurma Myanmar Set 6 Unc 1 5 10-100 K P 69-74 Of 10 Set $19.99
Egypt Set 4 Unc 5 10 20 Pound 50 Piastres P 63 64 NewEgypt Set 4 Unc 5 10 20 Pound 50 Piastres P 63 64 New $16.99 Botswana Set 4 Pcs 10 20 50 100 Pula 2009 P New UncBotswana Set 4 Pcs 10 20 50 100 Pula 2009 P New Unc $67.99
Specimen, Albania, 500 leke, 1992, 00000 S/N, P-53, UncSpecimen, Albania, 500 leke, 1992, 00000 S/N, P-53, Unc $19.98 South Vietnam 20 Xu 1966 P 38 Xf Lot 10 PcsSouth Vietnam 20 Xu 1966 P 38 Xf Lot 10 Pcs $12.49
Guernsey, 20 pounds Nd (1996) P-58 B , Qeii, Unc Guernsey, 20 pounds Nd (1996) P-58 B , Qeii, Unc $69.60 2010 Philippines 20 Peso, Solid Number Zw 111111. Unc.2010 Philippines 20 Peso, Solid Number Zw 111111. Unc. $12.88
Lot 3 x 2 Rupees India First Satellite Orbit 1976 P.79Lot 3 x 2 Rupees India First Satellite Orbit 1976 P.79 $0.79 Uzbekistan 25S.P65 1992 Mosque First Issue Unc BanknoteUzbekistan 25S.P65 1992 Mosque First Issue Unc Banknote $1.59
Hong Kong Macau Macao Banknotes Catalogue 1St Ed 2007-9Hong Kong Macau Macao Banknotes Catalogue 1St Ed 2007-9 $19.99 Vietnam 20 dong (No. 761547)Vietnam 20 dong (No. 761547) $0.99
Thailand 5 Baht Banknotes, 11th Series - 1969-UncThailand 5 Baht Banknotes, 11th Series - 1969-Unc $3.99 China Note In Pair 1918 GenuineChina Note In Pair 1918 Genuine $9.99
East Caribbean St.Kitts $10 P27K 93 Queen Ship TortoiseEast Caribbean St.Kitts $10 P27K 93 Queen Ship Tortoise $49.99 Bulgaria, 1 Lev, 1999, P-114, Unc - Scarce Aa prefixBulgaria, 1 Lev, 1999, P-114, Unc - Scarce Aa prefix $2.20
Cambodia Set 3, 5000 10,000 20,000 R 2004-08 P 55 56 NeCambodia Set 3, 5000 10,000 20,000 R 2004-08 P 55 56 Ne $22.99 New Zealand $5 P185 1999 Mt.Everest Polymer Unc 10 PcsNew Zealand $5 P185 1999 Mt.Everest Polymer Unc 10 Pcs $119.99
South Vietnam 1000 1,000 Dong 1972 P 34 Vf Lot 10 PcsSouth Vietnam 1000 1,000 Dong 1972 P 34 Vf Lot 10 Pcs $9.59 1965 Gibraltar 1 Pound Pick#18a Scarce1965 Gibraltar 1 Pound Pick#18a Scarce $50.00
Congo Set 4 Unc 10 20 200 500 C 2000-2003 P 93 94 95Congo Set 4 Unc 10 20 200 500 C 2000-2003 P 93 94 95 $9.99 Italy Set 2 Unc 1000 2000 Lire 1990 P 114 115Italy Set 2 Unc 1000 2000 Lire 1990 P 114 115 $6.99
Burundi, 10000 (10,000) Francs, 2006, New Signature UncBurundi, 10000 (10,000) Francs, 2006, New Signature Unc $23.98 Argentina Tucuman Australes 0.50 S-2702 UncArgentina Tucuman Australes 0.50 S-2702 Unc $8.95
Czech Republic, 50 Korun 1997, P-17, Unc, Prefix: "E"Czech Republic, 50 Korun 1997, P-17, Unc, Prefix: "E" $7.50 Vietnam 100 dong (No. 835239)Vietnam 100 dong (No. 835239) $0.99
North Korea Set 9 1 5 10 50 100 200 500 1000 5000 95 YrNorth Korea Set 9 1 5 10 50 100 200 500 1000 5000 95 Yr $13.99 Lao Laos 10000 Kip P35 2002 Temple Mekong Unc SpecimenLao Laos 10000 Kip P35 2002 Temple Mekong Unc Specimen $24.99
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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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