We taught receptive money identification skills to preschool‐age children. A 4 × 4 dollar‐coin matrix was assembled to create 16 dollar‐coin combinations. We used a penny, nickel, dime, quarter, and a 1‐, 5‐, 10‐, and 20‐dollar bill. We explicitly taught six dollar‐coin auditory conditional discriminations via a six‐phase training protocol. We then assessed the remaining 10 untrained combinations for emergent responding, four of which were assessed for responding by exclusion. One participant demonstrated emergent responding for all 10 untaught combinations, and another demonstrated emergent responding for six combinations. The findings, limitations, and suggestions for future research are discussed.