Alaska

The Last Frontier’s Golden Legacy

Alaska, the "Last Frontier," is synonymous with gold. Since Russia’s 1848 discovery on the Kenai River and the 1890s Klondike rush that spilled into Nome and Fairbanks, gold has shaped Alaska’s identity. Over 50 million ounces have been mined here, with modern giants like Fort Knox near Fairbanks still producing today. The Goldback—a voluntary, spendable gold currency—revives this heritage, offering Alaskans a tangible link to their past. In a state forged by gold fever, why not make it a living currency again?

Legislative Gold Rush: Alaska’s Ready

Alaska is a likely next candidate for Goldbacks as Alaska is the 3rd best state in the 2024 & 2025 Sound Money Index and all 6 current Goldback states are in the top 12 Sound Money Index. Alaska’s legislature has struck gold for sound money. In 2023, House Bill 3 (HB 3) passed the House, recognizing gold and silver specie as legal tender and studying alternative currencies—awaiting Senate approval as of February 2025. This builds on Alaska’s lack of state sales tax, with efforts like 2023’s HB 3 hearings proposing to waive local sales taxes on gold coins in municipalities. Ranking 3rd in the 2024 Sound Money Index, Alaska’s laws already ease gold use, making it a prime Goldback candidate—especially if HB 3 fully passes, aligning with states like Utah.

Economic Resilience and Alaskan Pride

The Goldback strengthens Alaska’s economy and spirit. Starting at 1/1000th of an ounce, it’s perfect for small buys—from Juneau’s fish markets to Anchorage’s craft stalls. With inflation looming, its gold backing offers stability, echoing Alaska’s rugged independence. Imagine a Goldback series showcasing Alaska’s icons: Denali, gold pans, or Chief Kowee. These notes would be collectibles, boosting tourism and pride. Businesses adopting Goldbacks could draw sound-money fans, while dealers thrive under tax-friendly laws. This is Alaska’s chance to glitter—economically and culturally.

Alaska-Specific Goldback Designs

Here’s how Alaska’s Goldback denominations could honor its significant people and places:

• 1 Goldback (1/1000 oz): Features Chief Kowee at Gold Creek, honoring the Tlingit leader who revealed gold to prospectors in 1880, founding Juneau.
• 5 Goldback (1/200 oz): Depicts Felix Pedro panning at Pedro Creek, celebrating the 1902 discovery that birthed Fairbanks.
• 10 Goldback (1/100 oz): Showcases Nome’s golden beaches, recalling the 1899 rush that drew thousands to Alaska’s shores.
• 25 Goldback (1/40 oz): Highlights Denali’s golden peak, symbolizing Alaska’s wild majesty and tallest U.S. mountain.
• 50 Goldback (1/20 oz): Pictures John Muir in Glacier Bay, honoring the naturalist whose writings showcased Alaska’s beauty.

These designs weave Alaska’s gold history and landscapes into a currency as bold as the Last Frontier.

A Golden Call to Lead the North

Utah, Nevada, and others have Goldbacks, but Alaska can lead the North. With HB 3 progressing, a top Sound Money Index rank, and a gold-soaked past, Alaska is primed to pioneer this currency in the region. Let’s urge the Senate to pass HB 3 and launch an Alaska Goldback series. Imagine gold in every hand—from Ketchikan to Utqiaġvik—proving the Last Frontier isn’t just a land of riches but a land where riches circulate. The time is now.

Strike it rich. Make Alaska golden.