We are all used to get anything we want for a certain price. And money plays THE part in the “goods and services” play.
We crave the best goods and services so much, that the dollar sign that pays off for them has somehow become cordial to us.
What does this sign mean to us today? It represents wealth, status, comfort and power. To some it is the meaning of life. To others it’s just a mean of attaining a goal.
Do you know what the dollar sign “$” meant to the United States before?
“The $ derived from the Spanish. In the late 18th century, merchants in the North American British colonies traded mainly with two currencies: the British pound and the Spanish dollar. When the United States adopted its own currency in 1785, it used Spanish money as its model–a deliberate “screw you” to the British,” says The Atlantic.
Therefore scholars have assumed that the $ sign evolved out of an abbreviation for peso: The plural for pesos was “ps,” which eventually became “ps,” and then it simply turned into an “S” with a single stroke denoting the “p”.
There is also a version that the $ sign was accidentally created by an Irish merchandiser Oliver Pollock. “In his attempt at abbreviating the word “pesos,” his poor penmanship accidentally created something close to the dollar sign we see today,” affirms Answers.Ask.com. The early instance of the $ symbol cropped up in a letter written by the merchant in 1778.
The double-line through the S variation is less easily explained. Some believe they represent the twin pillars of Gibraltar illustrated on the Spanish coat of Arms. Others say it’s shorthand for the letter “U” superimposed over the letter “S”–for U.S.
The appearance of the dollar sign in print, in a 1797 book, signified the acceptance of the dollar as a purely American symbol, much as is the bald eagle.