Yes, it is believed to have originated with the Spanish-Mexican Peso, which was known as the Spanish Dollar or Pieces of Eight. The origin of this second name comes from the Spanish mint in Bolivia whose mint mark looked like a digit Eight with a line through it - basically the same as the current Dollar sign. These coins were in widespread use across the Americas from 1573 to 1825.
Copyright © 2026 eLLeNow.com All Rights Reserved.