Are Bank Notes Really Worth the Paper They’re Printed On?

Do you think the Banknote you hold in your hand or wallet is really worth anything?
After looking closely at a British banknote you will see that it says “I promise to pay the bearer on demand the sum of… ” (the value of the note is either £5, £10, £20 £50 or £100). So, what would happen if I went to the Bank of England and asked them to exchange the bank notes I own for an equivalent value in Gold? After much research I finally found my answer. …continue adventure