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<p>[QUOTE=&quot;GDJMSP, post: 216830, member: 112&quot;]Correct - there is no definitive answer. I have always preferred my own theory, and you won&#039;t find it in any book or on any web site, except maybe a coin forum where I&#039;ve posted it. My theory is that the $ came into use as result of the mint mark of Potosi on Spanish colonial coinage. It was the most common and widely used coinage in colonial America - North and South. The 8 reales was called the Spanish dollar in everyday use and the mint mark more closely resembles the dollar sign than anything else out there. See for yourself - </p><p><br /></p><p><img src="http://www.gdjmsp.cointalk.org/coin_pics/Spanish%20Colonial/1768-PTS%206%20petal%208%20reale%20rev.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" />[/QUOTE]</p><p><br /></p>

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