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By far the most extensively circulated idea asserts that it started since the a symbol symbolizing the fresh Foreign-language milled dollar (also known as peso). After the You gathered independence in the late eighteenth 100 years, they authored an alternative currency according to Spanish coinage, the most popular money inside the stream on the territories. The united states’ first buck gold coins, minted inside the silver in the 1794, not merely got its name in the Foreign language money and also lent the newest Foreign-language dollars’s weight and cost. From the intimate connection among them currencies, odds are in the event the a symbol existed on the Spanish dollar before 1794, it would have been used to your You.S. dollars. The earliest identified thickness from a buck sign in printing, however, was a student in 1797.

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