1860-O Eagle - 1860-O $10 NGC AU55 CAC. This Southern branch mint 1860-O Eagle has traces of mint luster remaining in protected areas. This 1860-O Eagle coin shows light wear on the highest points, in keeping with the grade, which is confirmed by CAC. Its sticker indicates that this 1860-O Eagle is of premium quality and fully merits the assigned grade. The surfaces of this 1860-O Eagle are original, clean, and, for the grade, free of distractions worthy of individual description. The strike of this 1860-O Eagle is variable with about half of the stars and the feathers to the lower left of the shield showing full details.

The New Orleans 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 New Orleans Mint 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 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.

In its population report, NGC shows 37 1860-O Eagles in AU55 condition with 29 better. At CAC, as of May 2012, there is 1 in AU55, the present coin, with 2 better.