The free and independent Nation of Lakota launched the Free Lakota Bank
in 2008. The Lakota are found mostly in South Dakota and
Minnesota. The establishment of their own bank follows the formal
secession from the United States passed in 2007.
The bank deals only with Approved silver and gold
currencies (AOCS) and since they only deal in these currencies, they do
not participate in any central bank scheme.
Across the great Lakota land, thousands of tribes and
merchants participate in their system of trade. This pure-silver ounce
is the first coin ever issued by the Lakota Nation.