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This really is now generally considered the most likely resource from the brand new dollar indication. We know away from handwritten manuscripts you to merchants and you may people have a tendency to abbreviated the new peso as the “PS.” Because the time proceeded, and also as the brand new acronym became usual, the brand new “S” is actually often created across the “P,” promoting a keen approximation of your “” symbol. The united states try known as the Joined Territories of North America until 1776, and you will proof can be acquired your dollars signal was in play with prior to the usa nickname came to be — deciding to make the idea search tenuous at the best. Mcdougal and you can philosopher Ayn Rand relatively experienced which principle and chose to is they within the a part from the girl 1957 unique Atlas Shrugged, where you to character asks other what the money signal really stands to own.
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