How did the United States' dollar sign originate?

Gnomon

The dollar sign ($) has been around since before the United States. Original it was used for the Spanish dollar which in Spanish were known as both pesos and piastres. The symbol was a P with a superscript s. When this was hand written quickly it degenerated into either the present dollar sign or a dollar sign with two vertical bars. Both of these were used for dollar. The US adopted the symbol when it set up its own currency. Mar 29 01, 7:14 AM

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How did the United States come up with the dollar sign? From where is the American dollar sign derived? From where came the American dollar sign and the British pound sign? Who was the first baseball player to sign a million dollar contract?

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