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We realize away from handwritten manuscripts you to definitely merchants and you may buyers often abbreviated the fresh peso while the “PS.” While the time continued, and as the brand new acronym turned into usual, the brand new “S” is usually authored along side “P,” producing an approximation of your “” icon. By far the most extensively accepted idea contours the fresh dollar icon’s root to the Foreign language peso, and this anything you pirates available knows while the “items of eight.” The newest Spanish peso is actually a dominating currency in the Americas through the the fresh colonial point in time, and try accepted since the first tool of value within the colonial The usa inside later 1700s. An alternative preferred idea — and probably a greatest misconception — is the fact that symbol is short for “All of us” and you may came from the brand new abbreviation “You.S.,” to the emails superimposed and the “U” getting stylized over the years. (The fresh mine from the Potosí was previously area of the way to obtain silver to the Language Kingdom.) The newest perfect put a stamp one to looked the newest characters PTSI (to have Potosí) imposed towards the top of each other, that may have created a symbol much like the progressive money indication. Other, equivalent idea argues that icon originated the newest Potosí mint in the Bolivia, and this manage from 1573 so you can 1825.

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