On October 18, 1867, the Russian Empire transferred the territory of Alaska to the United States of America as a result of negotiations by US Secretary of State William Seward. Referred to as the Alaska Purchase, the United States paid 7.2 million dollars, about two cents per acre, for the land. Today, that date is known as Alaska Day, a commemoration that honors the rich history, cultural tapestry, untamed wilderness, and unwavering resilience of the state.