A new commemorative coin celebrates what is believed to be the first white settlement in the Willamette Valley. (KEIZERTIMES/Andrew Jackson)

A commemorative coin is now available celebrating what’s believed to be the oldest European settlement in the Willamette Valley.

The Wallace House, thought to have been built in 1812 on a bluff overlooking the Willamette River in what is now Keizer, is the occasion for two celebrations this year, one earlier this month and another at RIVERfair in August. The latter includes a geocaching event.

This commemorative coin, available for $10, is part of that. The coin also includes note of the city of Keizer’s 30th anniversary. Michael Hickman organized the coin’s creation to help raise funds for that event.

“We’ll have a dozen specific caches just for this that will be out only a day,” Hickman said. “At RIVERfair we’ll have a sheet with coordinates, and the first 25 people who come back with all of them done will get a coin.”

If you don’t want to wait – or test your luck trying to win one – you can purchase them at keizerpic@gmail.com or call 503-580-5791. It features full-color designs from Emily Solberg, a McNary High School senior. Only 100 of the coins were made. They can be bought from the Keizer Community Library booth the day of RIVERfair.

The coins can be used for geocaching, each with their own unique tracking number.

“You enter it on Geocaching.com, and when you put it in another cache, someone else picks it up,” Hickman said.