Later history::Dollar sign


Dollar::dollar    Symbol::spanish    Language::united    States::first    Title::american    Other::vertical

Later history Robert Morris was the first to use that symbol in official documents and in official communications with Oliver Pollock. The US Dollar was directly based on the Spanish Milled Dollar when, in the Coinage Act of 1792, the first Mint Act, its value was "fixed" (per the U.S. Constitution, Article I, Section 8, clause 1 power of the United States Congress "To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures") as being "of the value of a Spanish milled dollar as the same is now current, and to contain three hundred and seventy-one grains and four sixteenth parts of a grain of pure, or four hundred and sixteen grains of standard silver".

According to a plaque in St Andrews, Scotland, the dollar sign was first cast into type at a foundry in Philadelphia, United States in 1797 by the Scottish immigrant John Baine.

The plaque in St. Andrews.

The dollar sign did not appear on U.S. coinage until February 2007,{{ safesubst:#invoke:Unsubst||date=__DATE__ |$B= {{#invoke:Category handler|main}}{{#invoke:Category handler|main}}[citation needed] }} when it was used on the reverse of a $1 coin authorized by the Presidential $1 Coin Act of 2005.<ref>Pub. L. No. 109-145, 119 Stat. 2664 (Dec. 22, 2005).</ref>

The dollar sign appears as early as 1847 on the $100 Mexican War notes and the reverse of the 1869 $1000 United States note.<ref>Cuhaj, p. 100, 321–22</ref><ref>Large denominations of United States currency#.241.2C000 bill</ref> The dollar sign also appears on the reverse of the 1934 $100,000<ref>Large denominations of United States currency#.24100.2C000 bill</ref> note.

Dollar sign sections
Intro   Origin    Alternative origin hypotheses    Later history    Use in computer software    Currencies that use the dollar or peso sign   Other uses   See also    Notes   References  

Later history