Kokiri Sword

The Kokiri Sword is the default sword Link possesses in both Ocarina of Time and Majora's Mask. It is also the weakest sword in both games. In Ocarina of Time it is the only sword he can wield as a child, and when he is an adult, he uses the Master Sword instead. In Majora's Mask Link is able to upgrade the Kokiri Sword to the powerful (although breakable) Razor Sword and then upgrade again into the unbreakable Gilded Sword by taking it to the blacksmiths in Mountain Village. The hilt and guard of the Kokiri sword changed from Ocarina of Time to Majora's Mask.

Some have noted that the Kokiri sword looks much like the Four Sword. It is possible that they are the same, for the following reasons:
 * 1 The Kokiri and Picori are very similar, and could very well be the same race.  They are both often related to the forest and nature.  Also, they are both very elfin, having pointed ears, a mouse's smile, and Robin Hood style hats.  Above all, the Kokiri/Koroks have been known to change into very different races over the centuries, and it is possible that the Picori became the Kokiri.
 * 2 Both the Kokiri Sword and Four Sword/Picori Sword are treasures of the tribes possessing them.
 * 3 They look very similar, both having similar hilts and similar blade length.
 * 4 They are both wielded by a child Link.

However, there are some facts suggesting that they are NOT the same:
 * 1 The Picori are known for their smallness, but the Kokiri are not small at all.
 * 2 The Kokiri sword does not seem to have any kind of magical ability, but the Four Sword does.

Trivia

 * The Kokiri Sword appears in its Ocarina of Time incarnation as the blade wielded by Young Link in Super Smash Bros. Melee.