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2 years, 4 months ago

Where did the dollar sign come from?

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asianboy | 2 years, 4 months ago
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Oliver Pollock, a young Irish entrepreneur, became a military supplier during the Revolutionary War. To make his purchases easier, he decided to ask the Congress for a easily recognizable sign for money, after the nation was established and the monetary system was established. Congressman Robert Morris, to whom Pollock addressed his billing records, thought about the dollar sign, and was the first high government official to give his blessing to the "s" with the two lines through it. The appearance of the dollar sign in print, in a 1797 book by Chauncey Lee, and that solidified the appearance of the dollar sign in the American public.
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mrklaw | 2 years, 4 months ago
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It sounds like the symbol was originally used to signify Mexican-American pesos or "pieces of eight"

Here's a quote from Wikipedia:

The origin of the "$" sign has been variously accounted for. Perhaps the most widely accepted explanation is that it is the result of the evolution of the Spanish and Mexican scribal abbreviation "ps" for pesos. This theory, derived from a study of late eighteenth- and early nineteenth-century manuscripts, explains that the s gradually came to be written over the p developing a close equivalent to the "$" mark."

The article goes on to explain eight other possible origins also. It looks like it's not so clear anymore.

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