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The origin of dollar

The origin of dollar

The origin of the almighty dollar is in what is now the Czech Republic. In 1519, silver mine near the town of Joachimstal (literally “Joachim’s valley,” from the German links of london Tal, meaning valley) began minting a silver coin called, unimaginatively, the Joachimstaler. The coin, which was circulated widely, became better known by its clipped form, the taller. In Dutch and Low German, the initial consonant softened to become dealer. English adopted this form, eventually changing its spelling to the modern dollar.

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