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The usa are known as the United Territories away from Northern The united states up to 1776, and proof can be acquired that dollar indication was in fool around with just before the usa moniker was born — making the theory look tenuous at best. Mcdougal and philosopher Ayn Rand seemingly thought which concept and you can made a decision to were they inside the a section of her 1957 book Atlas Shrugged, in which one to reputation asks various other exactly what the dollar sign really stands to own. (The brand new mine at the Potosí used to be area of the supply of silver to the Foreign language Kingdom.) The fresh mint made use of a great stamp you to definitely looked the new letters PTSI (to possess Potosí) imposed near the top of both, that will have created an icon just as the progressive buck sign. The image exhibited both pillars wrapped in S-designed ads, which, depending on the idea, have evolved inside notation to become the fresh dollar signal.

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