Price: 2,050.00 - SOLD - 3/19/2013* Free Shipping and Insurance for coins at $10K or above.
1850-O Eagle - 1850-O $10 NGC XF45. This sharp looking, yellow-gold Southern branch mint 1850-O eagle has the look of an AU coin. Muted mint luster remain in some protected areas of both sides. There is a trace of wear on the top of the coronet and the hair above Libertys eye as on an AU coin. The reverse shows just a touch of wear on the upper part of the wings. The surfaces are original and clean for the grade.
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.
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