$$$ Dollar Sign $$$

Out of context: Reply #23

  • Started
  • Last post
  • 34 Responses
  • Jaline0

    "The origin of the "$" sign has been variously accounted for. Perhaps the most widely accepted explanation, according to the U.S. Bureau of Engraving and Printing, is that it is the result of the evolution of the Mexican or Spanish "Ps" for pesos, or piastres, or pieces of eight (there is also a separate theory that the dollar sign derives from the number 8). This theory, derived from a study of old manuscripts, explains that the floating "S" gradually came to be written over the "P," developing a close equivalent at the top to a distinct "$" mark. Subsequently, a single vertical stroke in place of the "P" became all that was necessary in written form. The symbol was widely used before the adoption of the United States dollar in 1785.

    Currency bags issued by the US Mint were marked with a similar sign of superimposed letters. The letters U and S superimposed resemble the historical double stroke "$" sign. This double stroke dollar sign has been used to refer to US Currency. "

View thread