1 South Dakota Goldback

The 1 South Dakota Goldback is a fascinating piece within the Goldback series, showcasing a blend of precious metal value and artistic representation. Here's a breakdown of its key features:

• Gold Content:
  • It contains 1/1000th of a troy ounce of 24-karat (.999 fine) gold. This gold is carefully layered within a polymer note.   
• Design and Symbolism:
  • The design prominently features "Pax," symbolizing peace. Notably, in the South Dakota series, Pax is depicted as a Lakota Native American woman, wearing traditional regalia and performing a hoop dance.
  • This design reflects a deep respect for the indigenous heritage of South Dakota.
  • The design also incorporates other symbolic elements, contributing to a rich visual narrative.   
  • The design was inspired by the artist that witnessed a Lakota performer, and the performers explanation of the meaning of her regalia, and the meaning of the word Lakota.
• Functionality:
  • Like all Goldbacks, it's intended for use in voluntary transactions, providing a way to utilize small amounts of gold in everyday commerce.
  • It's not legal tender, but it's accepted by participating merchants.
• Production:
  • It's produced by the United Precious Metals Association (UPMA).
• Key Characteristics:
  • Contains a precise fraction of 24-karat gold.   
  • Features a unique and culturally significant design.
  • Offers a practical way to own and transact with fractional gold.

In essence, the 1 South Dakota Goldback is a unique combination of precious metal, artistic expression, and cultural significance.