The Simple History of Money

Back in the late 1800's and early 1900's there was a measurement  used to give us the symbol we take for Granted every one who uses the US dollar should be familiar with it's symbol "$", however the "$" symbol has changed over time like the type of dollar we use today Back when the inception of the  Federal Reserve  Monetary system took place  GOLD AND SILVER there was only as legal tender.

Now what I would like you to do is get a sheet of scratch paper or dry erase board a pen or pencil or marker draw the letter "S"  make it wider than normal now within the "S" draw the Letter "U". The bottom part of the "U" should go well below the bottom part of the "S" and the remaining part should stay within the "S" and the same distance away from the top  as  it is on the bottom AND this will give you "Units Silver"

After President Roosevelt made a change during the 1930's
the price of gold went from 22 dollars and change to 35.00 overnight  That's when we were removed from the gold standard.

Also the dollar symbol changed (erase the bottom of the "U" and you should Have a symbol "$ like this but with 2 lines running through it") this was used until August 15th 1971 when President Nixon took us off of the Silver standard that is why it is very rare to see currency dated back to earlier than 1971 for .50 cent pieces all currency in circulation minted after till today has zero silver in it the symbol changed to this "$"

And finally when the Credit cards came (plastic money/currency) there was a final change you may see this on your computer keyboard above the #4 key My Symbol has just one tick on the top of the "S" and one tick on the Bottom of the "S"

GnS+Research