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Probably the most generally circulated theory claims it originated since the an excellent symbol symbolizing the fresh Foreign language milled money (also called peso). Pursuing the United states attained liberty regarding the later 18th 100 years, they composed a new currency according to Foreign language coinage, typically the most popular money within the circulation in the colonies. The united states’ very first buck coins, minted in the gold inside 1794, not only got the term on the Foreign-language money plus borrowed the new Foreign language money’s weight and value. Because of the personal partnership among them currencies, chances are high in the event the a symbol resided to the Spanish money before 1794, it would have been used to your You.S. buck. The first understood occurrence away from a dollar sign in print, but not, was at 1797.

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