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We realize of handwritten manuscripts one to resellers and people usually abbreviated the fresh peso since the “PS.” While the time continued, and also as the fresh acronym turned into more prevalent, the brand new “S” is actually have a tendency to authored along the “P,” creating a keen approximation of your own “” icon. Probably the most extensively acknowledged principle lines the newest buck symbol’s sources for the Language peso, and that anything you pirates available to choose from can ascertain as the “pieces of eight.” The brand new Foreign language peso are a dominating money in the Americas through the the newest colonial time, and is actually acknowledged while the earliest equipment of value inside the colonial The united states in the later 1700s. A different well-known concept — and most likely a famous myth — is that the icon is short for “All of us” and you may came from the newest acronym “You.S.,” for the emails superimposed as well as the “U” getting stylized over the years. (The brand new exploit at the Potosí used to be part of the way to obtain silver to your Language Kingdom.) The newest mint used a stamp one to appeared the brand new emails PTSI (for Potosí) enforced towards the top of both, that may have created an icon much like the modern dollar signal. Other, equivalent concept contends your icon originated in the fresh Potosí perfect inside Bolivia, which operate from 1573 to 1825.

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