This first year, Southern branch mint double eagle has a sharp strike and some luster remaining in protected areas. The centers of the stars show full details as do the design elements of the reverse. The hair details are less distinct on coins made from 1859 through the 1890s. Sufficient separation in the lines of Libertys hair and the back portion of the coronet exist to confirm the grade. No distracting individual marks worthy of individual mention are seen on either side of the coin.

This coin, designed by James B. Longacre, is the first double eagle issued by the New Orleans Mint. The Mint was authorized in 1835 by President Andrew Jackson, hero of the battle of New Orleans. The bill that Jackson signed also authorized the mints at Charlotte and Dahlonega. William Strickland, a Philadelphia architect designed all three branch mint buildings. The building was made in the solid, bulky Greek Revival style of architecture. It was the largest of the three branch mints and located at major port of entry. Unfortunately Strickland did not account for the soft ground around the site. Because of it, the building had to undergo numerous repairs throughout its history.

Authorized to produce gold and silver, the New Orleans Mint struck quarter eagles and dimes in 1839. It operated from 1838 to 1909. In that time period 427 million silver and gold coins with the O mintmark were coined. By the mid 1850s denominations made in New Orleans included three cent silver pieces, half dimes, dimes, quarters, half dollars, silver dollars, gold dollars, quarter eagles, three dollar pieces, half eagles, eagles, and double eagles. The first deposit was of Mexican dollars which amounted to more than 32,400 dollars. The first coins struck were Liberty Seated Dimes. Each year between the beginning of August and the end of November, the mint closed because of the annual outbreak of yellow fever.

During the Civil War the New Orleans Mint was held by the Confederacy and used to produce its coinage. It was the only mint to produce uniquely identifiable Confederate coinage, the 1861 half dollar with Confederate reverse and the copper-nickel cent of the same year. In 1862 the New Orleans Mint was captured by United States Marines commanded by Commodore David Farragut and closed as a minting facility. The mint reopened as an assay office in 1876. Three years later federal coinage resumed. The New Orleans Mint was the only branch mint in the South to continue coinage after the Civil War. It lasted until 1909 when it was displaced by the mints in Denver and San Francisco. From then until 1931, the New Orleans Mint building was used as an assay office. It was then converted to a prison for Prohibition violators. In 1934 the prison was closed, and the Coast Guard took possession of the building. In 1979 it was transferred to Louisiana to be used as a museum.

Longacres double eagle design was a new concept that endured well past the turn of the century. When Longacre first came to work at the Mint, he was opposed by Franklin Peale, the Chief Coiner. Peale was probably responsible for some blundered dies that Longacre was criticized for making. Peal was involved in a private, illegal medal manufacturing business using Mint facilities. He was concerned that this new political appointee would interfere with his business, and he resisted Longacres appointment as Chief Engraver. In the end Peale was found out and fired in 1854. Longacre flourished in his position and was responsible for creating many new designs including the Indian Head cent, the Two-cent piece, the Shield nickel, the Liberty Head gold dollar, the Indian Princess gold dollars, the Three dollar gold piece, and, the Liberty Head double eagle.

Pre-Civil War gold coinage from the New Orleans Mint is rare because of low original mintages and low survival rates. In its population report, NGC has 54 1850-O double eagles listed in AU55 condition with 21 better.