Bank Notes A Banknote is a legal negotiable note which one party can use to pay another party on demand without any interest and is considered as money. They are used for financial transactions happening all over the world. Although the physical goods were replaced by paper money over time and governments started issuing these as an exchange for objects. But the age determines the rarity of banknotes which has become the defining factor of its valuation. As a result, rare banknotes are very precious and sold at a very high price than their own on various market places for collection. Coins Coins are disc-shaped metal-made objects used as a form of money or as an alternative to banknotes for small purposes. Earlier the value was considered from the intrinsic value of the metal from which coins were made of. But at present, the value is decided by the state and use as flat money. As time passes, old coins have become very valuable for collection and as a result, they are s