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This was listed as a useless fact but I found it interesting just for our own
knowledge on a bit of monetary value of our early ancestors. Hope no one
minds that I posted it.
Marlene
useless fact - Why do we call the dollar a "dollar" and a
buck a "buck"?
"Dollar" comes from "Joachimsthaler," a coin made in the 16th
century at a mint near a silver mine in Joachimsthal, in
what is now the Czech Republic. "Joachimsthal" means
"Joachim's dale," dale being another word for valley.
"Joachimsthaler" was soon shortened to "thaler." The Dutch made
it into "daler," and the English finished the job by making it
into "dollar." The name "thaler" or "dollar" has been used for
different coins at different times. In colonial America it was
given to the Spanish dollar, a large silver coin known as
a "piece of eight" that was widely used for trade even after the
Revolutionary War. When the American government established its
own money in 1785, it was only natural that the basic unit of
money should be called the "dollar." (No dollars were actually
minted until 1794— till then we just kept using the Spanish
stuff.) The origin of "buck," the slang term for dollar, is a
little less clear. The best theory is that "buck" comes from the
frontier practice of trading goods to the Indians for buckskins—
that is, the skin of a male deer. If an Indian with some skins to
unload came to a trading post and asked what a certain item cost,
the trader might say, "It'll cost you two bucks," meaning two
buckskins. Later the term came to signify dollars. Just as well.
Dollar bills may not be as much fun as buckskin, but they're a
lot easier to fit in your wallet.
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