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Swimming in the silver, Spain visited town minting gold coins known as “bits of eight,” otherwise peso de ocho— “pesos” for quick. Unfortuitously, Rand’s says in regards to the reputation of the newest money signal may not become accurate because there is evidence of the use of the brand new money indication before All of us is actually inaugurated because the a country inside the 1776. The brand new dollar indication become because the a good You near the top of a keen S, because the shorthand to possess “You.”  Over time, the base of the newest U disappeared, leaving the new S having a few outlines as a result of they. In her 1957 dystopian novel, Atlas Shrugged, the fresh heroin protagonist explains to some other profile exactly what the dollar sign stands for. Since the buck indication doesn’t always have a definite origin, you’ll find a couple ideas on what they showed up becoming.

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