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This is now widely thought to be the most likely supply out of the newest buck sign. We understand of handwritten manuscripts one merchants and investors tend to abbreviated the new peso because the “PS.” While the time proceeded, so that as the fresh acronym became more prevalent, the new “S” is tend to composed across the “P,” producing a keen approximation of your “$” symbol. The usa is known as the Joined Territories from Northern The united states up to 1776, and facts can be found your dollars signal was a student in explore prior to the united states moniker was born — making the theory search tenuous at the best. Mcdougal and you may philosopher Ayn Rand seemingly sensed it principle and you will chose to are it inside a section away from the woman 1957 book Atlas Shrugged, in which one to character asks other what the dollar sign really stands to own. A new common idea — and probably a greatest misconception — is the fact that the symbol represents “You” and you may originated in the fresh abbreviation “U.S.,” to the emails superimposed plus the “U” becoming stylized through the years.
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