The 1901 $20 Liberty Gold Type 3 coin, minted in Philadelphia, is part of the Liberty Head series, which was produced from 1849 until 1907. The Type 3 designation refers to the specific design changes made during the series, characterized by a more pronounced depiction of Liberty and modifications in the lettering and details. This coin contains 0.9675 ounces of gold and is known for its historical significance and collectible value, particularly in higher grades or with exceptional features. The $20 denomination was commonly used in trade and commerce, making it a popular choice for collectors and investors alike.