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We understand out of handwritten manuscripts you to resellers and you may people often abbreviated the new peso as the “PS.” As the day continued, so when the newest acronym turned more common, the fresh “S” are usually composed over the “P,” producing an approximation of your “” icon. The most widely approved concept outlines the fresh dollar symbol’s roots to your Language peso, which all you pirates on the market know while the “bits of eight.” The brand new Spanish peso is a dominant money in the Americas during the the new colonial point in time, and you may is approved because the basic equipment of value within the colonial America in the later 1700s. An alternative preferred principle — and probably a popular misconception — is the fact that the icon means “All of us” and you can came from the new abbreviation “You.S.,” to the emails layered and also the “U” getting stylized through the years. (The brand new mine at the Potosí was previously an element of the source of gold to the Foreign-language Empire.) The brand new mint put an excellent stamp one appeared the newest letters PTSI (to possess Potosí) imposed towards the top of each other, that could have created a symbol just like the modern dollar sign. Another, similar concept argues the icon originated in the brand new Potosí mint inside the Bolivia, and this run away from 1573 to help you 1825.
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