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This symbol first showed up in the 1770s, appearing in documents of
English-Americans who had business dealings with Spanish-Americans.
However, it wasn’t until the very early 1800s that it became
popularized, around the same time as the first official U.S. dollars
were being minted. Previous to this, the symbol had already been in use
as an abbreviation for names of Spanish currency, namely as an
abbreviation for the Spanish peso “p”. More...
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