This is now commonly thought to be the best origin from the newest dollars indication. We know away from handwritten manuscripts you to definitely resellers and you can traders usually abbreviated the fresh peso while the “PS.” While the day proceeded, and also as the newest abbreviation turned into usual, the new “S” is have a tendency to authored across the “P,” promoting an approximation of your own “$” symbol. The us are referred to as Joined Territories out of Northern America up until 1776, and you will proof can be acquired that dollars sign was at explore prior to the usa moniker came to be — putting some principle search tenuous at the best. The author and you will philosopher Ayn Rand relatively felt so it principle and you may chose to tend to be it inside the a part away from the woman 1957 book Atlas Shrugged, in which you to character asks another precisely what the buck sign really stands to own. A new well-known theory — and most likely a famous myth — is that the icon stands for “All of us” and you may came from the newest acronym “You.S.,” on the characters layered as well as the “U” becoming conventionalized through the years.
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