The grizzly bear and salmon symbolize Alaska's natural beauty and abundant wildlife, with the bear representing strength and the salmon representing the nutrition that provides for this strength. The grizzly flourishes in Alaska and can be observed in places such as Denali and Katmai National Parks, Kodiak Island and Admiralty Island. More than 98 percent of the United States' grizzly population is found in Alaska.
The word Alaska comes from the Aleutian word "Alyeska," meaning "The Great Land." Populated by Indians, Eskimos, and Aleuts for centuries, Alaska was not explored by Europeans until 1741. Russia established a colony in Alaska to protect its lucrative fur-trading interests, but sold Alaska to the United States in 1867 for $7.2 million, or two cents per acre, when it could no longer afford to maintain the colony. Although the purchase was derided by many in the United States at the time, its worth became apparent following late 19th century gold rushes and the discovery of oil in the mid-20th century.
Mintage:
| Philadelphia | Denver | Clad Proof | Silver Proof |
| 251,800,000 | 254,000,000 | 1,405,674 | 774,874 |
Cents
