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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Guinea Bissau 5000 5,000 Pesos 12.9.1984 P 9 UncGuinea Bissau 5000 5,000 Pesos 12.9.1984 P 9 Unc $16.79 Myanmar Burma 50 Pyas P-68 Unc Banknote 1994 x 5 pcsMyanmar Burma 50 Pyas P-68 Unc Banknote 1994 x 5 pcs $1.60
Confirmed Single Note Replacement $10 Btw 1.652M-1.653MConfirmed Single Note Replacement $10 Btw 1.652M-1.653M Cambodia 500 Riels 2004 P 54 UncCambodia 500 Riels 2004 P 54 Unc $1.00
Bahamas 5 Dollars 2001 P 63 UncBahamas 5 Dollars 2001 P 63 Unc $19.99 Cambodia 5 Riels 1975 P 21 XfCambodia 5 Riels 1975 P 21 Xf $2.35
Cuba Paper Money - 50 Centavos Note - 1869 - P54 - XfCuba Paper Money - 50 Centavos Note - 1869 - P54 - Xf $45.00 Bangladesh 100 Taka P 31E AuncBangladesh 100 Taka P 31E Aunc $8.99
French Indochina 1 Piastre P 54 ? Sign 9 AuncFrench Indochina 1 Piastre P 54 ? Sign 9 Aunc $5.99 Bosnia & Herzegovina 1000 Dinara 1992 P 8 F Visoko UncBosnia & Herzegovina 1000 Dinara 1992 P 8 F Visoko Unc $21.99
Bulgaria 5 Leva 1974 P 95 UncBulgaria 5 Leva 1974 P 95 Unc $1.69 Nicaragua 50 Cordobas 2009 P New UncNicaragua 50 Cordobas 2009 P New Unc $5.99
Malaya & British Borneo 1 Dollar Xf Condition 19159 P8Malaya & British Borneo 1 Dollar Xf Condition 19159 P8 $24.99 Belarus 100 Notes Unc 20 Rublei 2000 P-24 Hi Value Belarus 100 Notes Unc 20 Rublei 2000 P-24 Hi Value $9.99
2 Mil Unc Iraqi Dinars In 25K Iraq Dinar M/C & Visa Ok2 Mil Unc Iraqi Dinars In 25K Iraq Dinar M/C & Visa Ok $2,229.55 Hungary 1000 Forint Unc 2010 New! - Matthias RexHungary 1000 Forint Unc 2010 New! - Matthias Rex $7.80
Ecuador 5000 5,000 Sucres 26.3.1999 P 128 UncEcuador 5000 5,000 Sucres 26.3.1999 P 128 Unc $5.19 Scotland 5 Pounds 2004 P 363 UncScotland 5 Pounds 2004 P 363 Unc $27.99
Guyana 10 Dollars P 23d Sign 7 UncGuyana 10 Dollars P 23d Sign 7 Unc $1.99 Bhutan 100 Ngultrum 1992 P 18 a UncBhutan 100 Ngultrum 1992 P 18 a Unc $10.99
Belarus 100,000 100000 Ruble 2000 P 34 UncBelarus 100,000 100000 Ruble 2000 P 34 Unc $69.99 Ecuador 50,000 50000 Sucres 1999 P 130 UncEcuador 50,000 50000 Sucres 1999 P 130 Unc $13.99
Brazil 100 Cruzeiros 1990 P 228 UncBrazil 100 Cruzeiros 1990 P 228 Unc $1.00 Estonia 10 Krooni 1994 P 77 UncEstonia 10 Krooni 1994 P 77 Unc $2.49
Bangladesh 20 Taka 1988 P 27a Black Sign #1 Unc W/HBangladesh 20 Taka 1988 P 27a Black Sign #1 Unc W/H $3.69 Dominican Republic 5 Pesos Oro 1988 P 118 c UncDominican Republic 5 Pesos Oro 1988 P 118 c Unc $2.99
Congo 500 Francs 2002 P 96 Specimen Unc NrCongo 500 Francs 2002 P 96 Specimen Unc Nr $23.99 Bahrain 1 Dinar 1998 P 19 UncBahrain 1 Dinar 1998 P 19 Unc $5.75
Germany 1000 1,000 Mark 15.12.1922 P 82 UncGermany 1000 1,000 Mark 15.12.1922 P 82 Unc $24.99 German Pow camp linen notgeld, Bad Colberg, 1915German Pow camp linen notgeld, Bad Colberg, 1915 $39.95
South Africa 1 Pound 1945 Vf Condition P84f Cv100$South Africa 1 Pound 1945 Vf Condition P84f Cv100$ $49.99 Estonia 25 Krooni 2007 P New UncEstonia 25 Krooni 2007 P New Unc $4.99
Brazil 100 Cruz 1989 P 220 a Sign 26 UncBrazil 100 Cruz 1989 P 220 a Sign 26 Unc $1.00 Argentina 5 Australes 1989 P 324 b UncArgentina 5 Australes 1989 P 324 b Unc $1.00
Russia 100 Ruble 1898 Timashev/Koptel​ov Vf/Xf P5b RareRussia 100 Ruble 1898 Timashev/Koptel​ov Vf/Xf P5b Rare $199.99 Congo 5 Cent. 1.11.1997 P 81 Bz Replacement UncCongo 5 Cent. 1.11.1997 P 81 Bz Replacement Unc $6.99
Equatorial Guinea 500 Bipkwele On 500 Pesetas P 19 UncEquatorial Guinea 500 Bipkwele On 500 Pesetas P 19 Unc $44.99 Bolivia 50000 50,000 Pesos 1987 P 196 UncBolivia 50000 50,000 Pesos 1987 P 196 Unc $2.49
1922 Reichsbanknote German Banknote Money 2 Mark1922 Reichsbanknote German Banknote Money 2 Mark $0.99 Ecuador - 5 Sucres 1988 UncEcuador - 5 Sucres 1988 Unc $0.99
Belarus 20.000 Rbl 2000 P-31 Unc Gomel Cv=$30Belarus 20.000 Rbl 2000 P-31 Unc Gomel Cv=$30 $12.45 Egypt 50 Piastre P 62 UncEgypt 50 Piastre P 62 Unc $1.00
Ecuador 1000 1,000 Sucres 24.5.1980 P 120 UncEcuador 1000 1,000 Sucres 24.5.1980 P 120 Unc $12.99 South Africa 10 Shillings 1946 Xf Condition P82 Cv350$South Africa 10 Shillings 1946 Xf Condition P82 Cv350$ $149.99
Myanmar Set#3 P-67,68,69,70,7​1,7 2,73,74,75,7​6,80 Unc.Myanmar Set#3 P-67,68,69,70,7​1,7 2,73,74,75,7​6,80 Unc. $7.95 Bangladesh 100 Taka 2008 P New UncBangladesh 100 Taka 2008 P New Unc $5.49
Egypt 10 Piastres 1940 King Farouk Fine Condition P168aEgypt 10 Piastres 1940 King Farouk Fine Condition P168a $19.99 Argentina 500 Australes 1990 P 328 UncArgentina 500 Australes 1990 P 328 Unc $1.19
Belarus 5000 Rbl 2000 P-29 Unc Sport Cv=$12.50Belarus 5000 Rbl 2000 P-29 Unc Sport Cv=$12.50 $3.67 Egypt 20 Pound 2006 P New UncEgypt 20 Pound 2006 P New Unc $8.99
China 20 Yuan-Mao-2005 Uncirculated-P.​905China 20 Yuan-Mao-2005 Uncirculated-P.​905 $4.94 Burundi 100 Franc 1997 P 37 Unc Rare DateBurundi 100 Franc 1997 P 37 Unc Rare Date $2.49
Chile 5 Centimos On 50 Pesos 1960 - 1961 P 126 UncChile 5 Centimos On 50 Pesos 1960 - 1961 P 126 Unc $2.19 Bangladesh 1000 1,000 Taka 2008 P New Unc W/HBangladesh 1000 1,000 Taka 2008 P New Unc W/H $32.99
Bolivia 100 Pesos Bolivianos 1962 P 163 Xf+Bolivia 100 Pesos Bolivianos 1962 P 163 Xf+ $2.99 Costa Rica 2000 Colones 14-9-2005 Pick 265.e UncCosta Rica 2000 Colones 14-9-2005 Pick 265.e Unc $8.75
Canada 5 Dollars 2002 P 101 UncCanada 5 Dollars 2002 P 101 Unc $7.99 Ecuador 100 Sucres May-11-943 Jr P-95a Fine+.Ecuador 100 Sucres May-11-943 Jr P-95a Fine+. $135.00
Congo 500 Francs 2002 P 96 UncCongo 500 Francs 2002 P 96 Unc $3.99 Egypt 10 Pounds P 46 UncEgypt 10 Pounds P 46 Unc $10.99
Austria 20 Schillings 1986 P 148 UncAustria 20 Schillings 1986 P 148 Unc $5.99 Cambodia 10000 10,000 Riels 2005 P 56 UncCambodia 10000 10,000 Riels 2005 P 56 Unc $5.99
Guatemala 1 Quetzal 9.1.1998 P 99 UncGuatemala 1 Quetzal 9.1.1998 P 99 Unc $1.59 Bosnia 50,000 Dinara 15.10.1993 P 55 B UncBosnia 50,000 Dinara 15.10.1993 P 55 B Unc $5.99
Bulgaria 100 Leva 1993 P 102 UncBulgaria 100 Leva 1993 P 102 Unc $1.49 Trinidad & Tobago - 1 Dollar 2006 aUncTrinidad & Tobago - 1 Dollar 2006 aUnc $0.99
Cuba 100 Pesos 1959 P 93 UncCuba 100 Pesos 1959 P 93 Unc $10.99 Austria 20 Kronen 2.1.1913 P 53 AuncAustria 20 Kronen 2.1.1913 P 53 Aunc $6.75
Bolivia 10 Cent On 10,000 Peso 1987 P 197 UncBolivia 10 Cent On 10,000 Peso 1987 P 197 Unc $2.49 Burundi 500 Francs 2003 P 38 b UncBurundi 500 Francs 2003 P 38 b Unc $3.49
Latvia 1 + 50 Roubles 1992 Notes Set CirLatvia 1 + 50 Roubles 1992 Notes Set Cir $0.99 Zambia. One Kwacha ( Kenneth Kaunda) Circulated ).1983Zambia. One Kwacha ( Kenneth Kaunda) Circulated ).1983
Bosnia 25,000 Dinara 24.12.1993 P 54d, 54 UncBosnia 25,000 Dinara 24.12.1993 P 54d, 54 Unc $5.99 Lot Of Two Banknotes Of 5 Dm (1970 And 1980)!Lot Of Two Banknotes Of 5 Dm (1970 And 1980)! $0.99
Cambodia 1000 1,000 Riels 1973 P 17 Au-UncCambodia 1000 1,000 Riels 1973 P 17 Au-Unc $1.00 Afghanistan 500 Afghanis P 52 Xf+Afghanistan 500 Afghanis P 52 Xf+ $3.65
Italy 100 Lire 1936 P55a Roma with spear and ShieldItaly 100 Lire 1936 P55a Roma with spear and Shield $15.00 China 1999 Unc 1 Yuan, Pick # 895, Bundle of 19 pcsChina 1999 Unc 1 Yuan, Pick # 895, Bundle of 19 pcs $6.66
Czechoslovakia, 20 Korun, 1970 (1971), P-92, UncCzechoslovakia, 20 Korun, 1970 (1971), P-92, Unc $3.20 Bhutan 1 Ngultrum 1985 - 1992 P 12 UncBhutan 1 Ngultrum 1985 - 1992 P 12 Unc $1.00
Brazil 200 Cruz. On 200 Cruz. 1990 P 225 UncBrazil 200 Cruz. On 200 Cruz. 1990 P 225 Unc $1.00 Cuba 5 Pesos 2005 P New Like 116 UncCuba 5 Pesos 2005 P New Like 116 Unc $2.79
Dominican Republic 10 Pesos 2001 P 165 UncDominican Republic 10 Pesos 2001 P 165 Unc $4.49 Cambodia 1000 1,000 Riels 1999 P 51 UncCambodia 1000 1,000 Riels 1999 P 51 Unc $1.19
Georgia 1 Lari 2007 P New UncGeorgia 1 Lari 2007 P New Unc $2.69 Guatemala 1/2 , 0.5 Quetzal 1989 P 72 UncGuatemala 1/2 , 0.5 Quetzal 1989 P 72 Unc $1.99
Afghanistan 1000 1,000 Afganis 1991 P 61 UncAfghanistan 1000 1,000 Afganis 1991 P 61 Unc $1.00 Bangladesh 20 Taka 1988 P 27 b UncBangladesh 20 Taka 1988 P 27 b Unc $3.29
Bangladesh 100 Taka 2007 P new Unc W/HBangladesh 100 Taka 2007 P new Unc W/H $5.49 Brunei 1 Ringgit 1988 P 6 UncBrunei 1 Ringgit 1988 P 6 Unc $5.99
Bermuda 5 Dollars 1997 P 41 UncBermuda 5 Dollars 1997 P 41 Unc $16.99 Guatemala 20 Quatzales 3.1.1990 UncGuatemala 20 Quatzales 3.1.1990 Unc $17.99
Romania 10 000 Lei 1999 Unc paper moneyRomania 10 000 Lei 1999 Unc paper money $0.99 Philippines Ww Ii 10 Pesos Japanese Occupation Philippines Ww Ii 10 Pesos Japanese Occupation $0.30
Belgian Congo - 50 Francs Note - 1959 - P32 - FineBelgian Congo - 50 Francs Note - 1959 - P32 - Fine $7.61 Burundi 20 Francs 05.02.1997 P 27 d UncBurundi 20 Francs 05.02.1997 P 27 d Unc $1.69
Czechoslovakia 5 Korun 1961 P 82 UncCzechoslovakia 5 Korun 1961 P 82 Unc $2.99 Ecuador 100 Sucres Nov-19-1943 Ju P-95a Fine.Ecuador 100 Sucres Nov-19-1943 Ju P-95a Fine. $117.50
Ecuador 1000 1,000 Sures 1988 UncEcuador 1000 1,000 Sures 1988 Unc $6.99 Bolivia 100 Peso Bolivianos 1962 P 164A , 164 A UncBolivia 100 Peso Bolivianos 1962 P 164A , 164 A Unc $2.89
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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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