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This really is today extensively regarded as the most appropriate resource out of the fresh dollar sign. Probably the most extensively accepted concept traces the new money icon’s origins to the Language peso, and therefore everything you pirates available know as the “bits of eight.” The newest Foreign language peso is actually a dominating money regarding the Americas during the the newest colonial time, and you will is actually accepted because the basic tool useful inside colonial The usa inside the later 1700s. The usa is actually known as the Joined Territories away from North The united states until 1776, and you will research is available that the money indication was at fool around with ahead of the us moniker was born — putting some theory hunt tenuous at the best. The author and you can philosopher Ayn Rand seemingly sensed that it concept and you will made a decision to tend to be they in the a part away from the woman 1957 novel Atlas Shrugged, where one to profile asks other exactly what the dollar sign stands to possess. (The new mine from the Potosí used to be area of the source of gold for the Foreign-language Kingdom.) The brand new perfect made use of a great stamp you to seemed the new emails PTSI (for Potosí) enforced at the top of both, that may are creating an icon similar to the modern dollars signal.

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